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Emergency Funding Sources for Nonprofits: How to Navigate Financial Crises
November 20, 2019
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...
Nonprofit Financing, Finance, Fundraising, Grants & Loans for Nonprofits Articles & Information
5 Ways a Business Line of Credit Can Help Your Business Grow
January 11, 2022
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...
Business Financing, Forecasting & Accounting Articles & Information

Are Nonprofits Using Lines of Credit Instead of Grants to Even Out Cash Flow?

Published date: 11-12-2017

Last updated on: 06-03-2021

Nonprofit Financing, Finance, Fundraising, Grants & Loans for Nonprofits Articles & Information

Nonprofit grants are hard to come by. Nonprofits (501c3s) have turned to lines of credit, like those offered by Financing Solutions to even out cash flow.