Published date: 11-20-2019
Last updated on: 10-08-2022
Business loans for nonprofit organizations may sound like something that a nonprofit shouldn’t concern itself with but certain types of loans can be a great asset for non-profit organizations. If […]
Published date: 10-10-2019
Last updated on: 10-08-2022
A line of credit is a great way to finance any institution’s expenses when you know cash is coming in. Lines of credit are also among the most underutilized business […]
Published date: 07-23-2019
Last updated on: 03-29-2021
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 […]
Published date: 06-11-2019
Last updated on: 06-08-2021
Article Summary: Many people think there is no need for business loans for nonprofit organizations. On the contrary, nonprofits have revenue, payroll, and expenses just like for-profit businesses. However, commercial […]
Published date: 05-16-2019
Last updated on: 06-22-2020
Summary: Financing Solutions shares the top 4 reasons how a nonprofit line of credit is used. Nonprofits use their Line of Credit typically to make payroll when there is a […]
