A Line of Credit... Just in Case
If you are now investigating how to get a loan for nonprofits, more than likely there is an immediate need. You will be happy to know there are more options for both a non profit loan and a non profit line of credit than in the past. Some loans are fast to get in place […]
Nonprofits often face short delays in payment from federal, state, or county sources. This often impacts their ability to expand programs, pay vendors, or even the ability to pay their staff on time. When you’re consistently run into the same cash flow issues, is it possible to get a quick business loan / advance or […]
The Small Business Association (SBA) has an important role in providing access and opportunity for small businesses. A not for profit is a small business, so it begs the question: Can a nonprofit get SBA loans? Approximately half of the American workforce works for small businesses, including nonprofits. As the backbone of our nation, these […]
Legal FAQ’s: Paying Employees on Time Can the Federal or State Government Come After a Business Owner or Nonprofit If You Don’t Pay Your Employees On Time? The short answer is yes. If a business or nonprofit is having problems paying their employees, the federal or/and state government can come after you. Although, you can […]
If you run a nonprofit business, you probably know how to get government grants, raise private funds and get reimbursements from governments. There are plenty of websites and organizations to help with that. It is far more difficult to know how a nonprofit can get a 501c3 loan or a quick nonprofit line of credit. […]
Anyone who has been in business knows that there are both growth and slow times in a small business’s life. In fact, those growth periods are why small business owners stay in the game. There is nothing like the energy that is created when your company is growing. On the other extreme there is nothing […]
Do you have a good business, a balanced life and live well, but not extravagantly? If so, you are one of the millions of successful business owners who own a “quality of life business”. You are a successful entrepreneur who has reached a level of stability and success desired by many. There is, however, often […]
A Chapter from the Amazon best selling book, Crash and Learn about surviving recessions ● CHAPTER 4 ● Everything Ends By Stephen Halasnik It was 7:00am, September 11th of 2001, and I had just walked into my office. My company’s offices are on the 5th floor on a large hill overlooking all of New Jersey. […]
Client Case Study Sean is a CEO of a small healthcare company, and is one of Financing Solutions’ clients. He was about to miss payroll as his bank credit line was almost maxed out. The following is an excerpt from an interview with him. Business History “I had been in business for 11 years. Over […]
There are two types of SBA Loan programs available to small businesses and nonprofits affected by Covid-19 under the CARES Act Fiscal Stimulus Package. The Paycheck Protection Program (PPP) and The SBA’s Economic Injury Disaster Loan Program. The below summarizes the details of the SBA’s Paycheck Protection Program (PPP). We will summarize the SBA’s Economic […]
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