A Line of Credit... Just in Case

Nonprofit cash advance

How Are Nonprofits Using Their Line of Credit

How Do Nonprofits Use Their Line of Credit Mostly used for payroll #1 reason: funding is delayed and you have to make payroll Your employees count on each paycheck Illegal to miss payroll You risk fines You risk an audit Your risk employees leaving Line used for unexpected expenses Line is inexpensive Not fun asking […]

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Is it Possible for a Nonprofit to Get a Cash Advance

Where Do You Go for Your Nonprofit to Get a Cash Advance?

If you run a nonprofit, you are obviously skilled at getting people interested in your mission and finding ways to do more with less. However, when it is time for your nonprofit to get a cash advance, you may feel as if you’ve hit a brick wall. Many times, you may experience cash shortages at […]

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