How to Build a Strong Financial Foundation And Prepare To Borrow For Your Business - Jamel Hamilton

How to Build a Strong Financial Foundation And Prepare To Borrow For Your Business

- Jamel Hamilton

In this episode, we debunk some common financial literacy myths and discuss the vital art of navigating borrowing for small businesses. Jamel Hamilton, reveals the truth behind many financially related misconceptions (read things that feel scary!) and offers invaluable insights into how even the smallest ventures can effectively manage their finances. We talk about what it takes to construct a robust financial foundation without the need for large initial investments. Whether you're just starting or looking to level up your financial game, this episode is your compass to better financial success in small business.

Key Take Aways

  • The power of building your financial literacy to fuel the success of your small businesses.

  • Learn about alternative funding streams that empower small businesses and underrepresented communities.

  • How to build relationships with financial professionals and bankers and leverage mentorship for successful borrowing.

  • The key steps you need to know to track finances and build a rock-solid financial base for your business.

Guest info:

Jamel Hamilton
Jamel Hamilton is the Deputy Director of Lending at the Nebraska Enterprise Fund (NEF). Jamel stepped into the lending space four years ago and has since proven himself a savvy problem-solver with loan policies and an advocate of financial literacy for small business owners. He has a rich history in loan processing and collections, which has given him both a pragmatic and empathetic understanding of financial landscapes for small businesses. Jamel is also a passionate community servant with board roles at the Nebraska Children's Home Society and the Young Nonprofit Professionals Network of Greater Omaha.