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COVID-19

Best Banks for Nonprofits: Bank Accounts, Credit Lines, Loans, Mortgages

Loan for nonprofit

Over the last decade, the same financing tools that small businesses have used are now commonly used at nonprofit organizations. Let’s talk about how nonprofits are using various types of financing and what are the best banks for nonprofit organizations overall when considering bank accounts and loans. It all comes down to what your banking […]

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Top Nonprofit Lenders Your Nonprofit Needs to Know

lender for nonprofits

There are nonprofits lenders who provide loans specifically to nonprofit organizations.  This article will serve as a guide to help you save time and money. Let’s put your nonprofit organization in a better position to get the desired business loan, mortgage, or Line of credit. Nonprofit Financing Options: business loans, lines of credit or mortgages As a nonprofit grows, it is […]

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Can a Board Member Loan Money to Their Nonprofit

grants for nonprofits

Board members for nonprofit organizations have immense responsibilities. You are expected to oversee daily activities, adhere to current bylaws, and ensure that finances are stable.  Should a board member with these responsibilities also be allowed to lend money to their nonprofit organization? The mindset of a board member should be to see your nonprofit succeed. […]

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Essential Business Loans: SBA, Commercial Banks, Alternatives.

How to Contact The SBA

It’s nice to know that your business or nonprofit is an essential business according to the government during the corona virus outbreak. It would be even nicer if a business or nonprofit could get a fast, essential business loan! Luckily, since the recessions after 9/11 and 2008, businesses and nonprofits can get a business loan or line of credit quickly. You now have more options than in the past.   […]

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