Employment Growth May Be From Your Street
(NewsUSA) - There is no doubt the economy is healthier than
it has been in quite some time. One has only to look to the news to discern that the U.S. is in the
midst of an economic growth spurt.
Underscoring a strengthening economy is that as of last
month, according to the U.S. Department of Labor, 3 million more Americans were earning paychecks,
compared with 12 months ago. And yet, even as unemployment rates are at an all-time low and at
levels not seen in six years, there are still those who are struggling to find a job.
If
this is the case for you or someone you know, opportunity may be closer than you realize. Here's
why: Currently there are approximately 500,000 U.S. companies with annual revenue between $5
million and $25 million dollars -- companies that have succeeded in getting start-up financing with
the help of families and friends, but have since grown into needing more capital to
continue.
"Today 80 percent of investments in private companies are made within a 50 mile
radius of that enterprise," says YourStreet Funds CEO Stephen H. Watkins. "The problem is
that Wall Street struggles to find these companies in an efficient manner."
That's where
the YourStreet Funds Independent Sales Organization (ISO) members come in. The sales member
identifies these "faceless" companies who are on target for growth, but have capital needs too
small to attract the attention of Wall Street, yet they typically need more capital than friends or
family can spare to continue their growth.
These companies, Watkins says, are where the
"economic and employment growth for America will occur if given a chance."
"Unfortunately,
this void of companies, this chasm, has few resources and places to go for continued financing," he
says.
The answer, according to Watkins, is a joint effort between YourStreet's ISO network
identifying those companies in need and the regional and community brokers and sales reps across
the nation.
"Mortgage brokers in every community know all the companies that fall into this
category, as well as the CEO's and presidents of these growing companies," says Watkins. "Through
the ISO network, the YourStreet Funds reach a large number of profitable companies across the
nation, companies who would like growth capital for their business, so that in turn, they can hire
more employees."
For more information, visit yourstreetfunds.com.
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