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

Business loans for nonprofit organizations

Business Loans for Nonprofit Organizations: Common Mistakes

Business loans for nonprofit organizations are hugely advantageous financial tools. They allow nonprofits to take on opportunities and challenges that are otherwise out of reach plus they can increase a nonprofit’s financial flexibility and credit score when used in the right circumstances.

But some non-profit organizations make mistakes when they take out business loans. From failing to adequately plan for the interest expenses to neglecting to optimize their credit scores, nonprofits can fall prey to a number of common errors. Continue reading below to find out what those errors might be and how you can avoid them.

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How To Choose a Credit Line

Non-Profit Line of Credit: How To Choose a Credit Line

If you’re seeking out a line of credit, you may be surprised to learn that there are a lot of options available to increase cash flow. For most people and firms with relatively good credit (and even those without), there is no shortage of lenders willing to extend credit. Of course, these options are more limited when you’re a nonprofit. But even nonprofits have a couple of choices when it comes to taking out a line of credit.

So, what should you look for when choosing a credit line for non-profit organizations? Continue reading below to find out!

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Nonprofit Mortgage Loans

What are Nonprofit Mortgage Loans?

It used to be that only for-profit enterprises could access the mortgage loans necessary to buy their space outright. Today, new lending solutions and arrangements have made it possible for nonprofits to access nonprofit mortgage loans and other creative solutions that give them flexibility and power over their future.

The tools now available to nonprofits range from crowdfunded loans to lines of credit and cover a variety of situations that apply to many nonprofits. It’s in the best interest of the leaders of any nonprofit organization to investigate the options available to them and determine which, if any, work best with their organizations’ capital and operational needs.

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A Guide to the Small Business Administration for Non-Profits

SBA Guide for Non-Profits

You may be wondering if non-profit organizations can benefit from the services offered by the Small Business Administration (SBA). While some of its services are more aligned with those of […]

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unsecured business line of credit

What You Need to Know About Non-profit Small Business Loans

So, you’re part of a non-profit in need of a capital infusion. You’re in the market for a loan but you don’t know where to begin. Can a non-profit get […]

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