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JAX Chamber hosts first Business Growth Series workshop

The JAX Chamber hosted its first Business Growth Series workshop with “Where’s the Money? Uncovering Capital Resources for Small Businesses.” The monthly workshops are designed to help Chamber members more effectively manage their businesses and ultimately improve their bottom line.

“We developed the Business Growth Series to complement the Chamber’s new approach to lead Northeast Florida to greater economic prosperity,” said Sandy Bartow, vice president for entrepreneurial growth at the JAX Chamber. “There are many critical issues facing today’s business owners. We are excited to provide dynamic new programs designed to meet the needs of our members as we overcome challenging economic times.”

The Business Growth Series’ inaugural workshop brought together financial industry experts for a discussion on relevant methods to acquire business capital in today’s economic climate. The panelists discussed topics such as traditional bank lending, Small Business Administration (SBA) lending, micro-financing, factoring, private equity and treasury management solutions with a focus on unlocking hidden cash, generating cash revenue without incurring debt and leveraging vendor relationships.

“The program offered valuable insight to every person attending,” said SunTrust Bank Executive Vice President Debbie Buckland, the panel moderator. “We engaged the audience members in a dialogue that they would or could have with their banking partner.”

The panelists included:

•Eddie Ponce, Senior Vice President, Regional Manager Treasury and Payment Solutions, SunTrust Bank

•Tammy Molter, First Vice President and Business Banking Manager, SunTrust Bank

•Tom Jones, Regional SBA Business Development Officer, SunTrust Bank

•Chad Todd, High Street Capital Partners

•Steve Marro, Community Rehabilitation Center

•Brent Paris, Chief Investment Officer, Entertainment Capital Management, Inc.

“As a business owner who is looking to expand my business and create more jobs in Jacksonville, I can now make informed decisions,” said Teresa Risley, franchisee owner of KidsPark in Jacksonville and a workshop attendee. “The workshop made me realize all the options available that I would not have otherwise considered.”

The Chamber’s Entrepreneurial Growth Division hosts the Business Growth Series monthly for Chamber members. The next Business Growth Series Workshop is scheduled for November at the JAX Chamber. More information is available at www.myjaxchamber.com.


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