nonprofit line of credit

Financing Solutions is One of the Largest Nonprofit Lenders in the U.S.

The nonprofit sector is the third largest workforce in the country, employing more than 11 million workers. To help, they can turn to Financing Solutions, which is one of the largest nonprofit lenders in the U.S. A majority of these nonprofits are small, with less than $500,000 in annual revenue. This means nonprofit lenders are […]

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Why a Line of Credit is Valuable While Waiting for a Grant for Your NPO

They say that good things come to those who wait. However, there’s nothing that says you can’t hustle in the meantime. Therefore, while you are waiting for a grant for your NPO, you should get a line of credit to tide you over. When you are waiting for a grant for your NPO, at least […]

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Why Banks Will Not Loan to Nonprofits

You could spend all day asking why banks will not loan to nonprofits. Nevertheless, a better question would be how you can get a nonprofit loan anyway. In the nonprofit world, asking the right questions can make all the difference. You need to know why banks will not loan to nonprofits, how funding cuts may […]

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Can a Nonprofit Organization Write Off Interest Payments on a Loan

They say that to know your own story, you must write it yourself. If you are doing your own taxes, you must know can a nonprofit organization write off interest payments on a loan. Although nonprofit organizations are tax exempt, there are still issues with the IRS that you must contend with in order to […]

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Where Non profit Organizations Can Get a Business Loan

You cannot measure a nonprofit by where it stands during times of prosperity and well being. The true test comes in moments of despair and adversity. This is when you need to know where non profit organizations can get a business loan. While non profit business loans are hard to come by and government grants […]

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If Your Nonprofit Files a 990 You Can Get a Line of Credit

Many people believe nonprofits have it easy. A volunteer workforce, government funding and not having to pay taxes seems like a dream come true. The truth, of course, is that you do have to pay your employees, funding is scarce and it’s necessary that your nonprofit files a 990 with the IRS. While there are […]

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Where to Find Emergency Funding for Your Nonprofit Organization

When you are faced with an emergency, all you want are clear, simple answers. For example, you may need to know where to find emergency funding for your nonprofit organization. In an emergency, there tends to be chaos all around and everyone trying to pull you in multiple directions. It’s vital to stay calm, focused […]

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Why a Nonprofit Company Should Always Have Capital Reserves

Nonprofits are a profile in perseverance. More than any other type of business, they understand that you should not let a problem defeat you. Instead, it should make you stronger. That’s one reason why a nonprofit company should always have capital reserves. The value of a nonprofit should be measured in what it gives, not […]

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Business Loans for Nonprofit Organizations to Meet Payroll

They say that life is a challenge and you must meet it head-on. But what do you do when that trial involves not having the cash to pay your employees? In this case, you may need to find business loans for nonprofit organizations to meet payroll. When nonprofits are struggling to make payroll, some choose […]

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Sources of Grants for Existing Nonprofits

With the popularity of the Internet and the abundance of information, you’d think that finding what you need is easier than ever, but this is not the case. For instance, it can be hard to locate sources of grants for existing nonprofits. When seeking sources of grants for existing nonprofits, you can’t just get a […]

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