Every organization—nonprofit or otherwise—faces financial challenges from time to time. When an unexpected funding gap arises, quick, strategic action can make all the difference between survival and shutdown. Fortunately, nonprofits have more options than they might realize. Before you panic, here are several effective emergency funding sources and strategies your nonprofit can use to regain financial stability. Engage Your Board...
A business line of credit can help you grow your business in various ways. No small business owner can survive the rollercoaster of owning a company without adequate funding. When money is needed right away, a small business loan usually takes too long to get. Alternately, securing a line of credit is a much quicker process and doesn’t require the...
