A Line of Credit... Just in Case
Summary: In today’s podcast episode, Stephen Halasnik and his Guest Margaret Katz Cann discuss five strategies to keep fundraising alive during uncertain times. There are many circumstances that throw nonprofit organizations for a loop, and uncertain times arise regardless of the Coronavirus pandemic. However, even during difficult and uncertain times, nonprofits are given an opportunity […]
US lenders who service nonprofit organizations have always been challenging to find if you are a nonprofit. However, some nonprofit lenders have started to give 501c3’s the same business loans and business lines of credit that for-profit businesses have had for decades. What is now different is that these lenders are not the ones you […]
Donor personas are semi-fictional portrayals of the people you expect to donate to your nonprofit. They allow you to personify your target market by creating a profile that includes a deeper level of demographic and psychographic details. You can give your personas names and faces to help you really bring the personas to life and […]
Summary: In today’s podcast episode, Stephen Halasnik and his guest Gayle Gifford discuss everything your nonprofit board needs to know to help execute your ideal nonprofit fundraising plan. Nonprofit board fundraising can come with its challenges, especially when not every board member is great at fundraising. However, successful nonprofit fundraising can be accomplished with a […]
Summary: In today’s podcast episode, Stephen Halasnik and his guest Tanja Sarett discuss what nonprofits can do online to cultivate donors. The online world opens a brand new fundraising aspect to nonprofits. The main focus when it comes to donors, especially online, is being able to enhance donor relationships and keep donors engaged so that […]
Summary: I am a Managing Partner at Financing Solutions and we are the leading provider of Nonprofit Lines of Credit in the US. Over the last 25 years, I have built 6 companies and I have personally dealt with banks numerous times. A nonprofit line of credit can be used for a multitude of scenarios, […]
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 […]
In-person fundraising events like galas, races, and auctions, are typically big fundraisers for many nonprofits. However, due to the continuing impact of the Covid-19 pandemic, many nonprofits have been forced to cancel their events. Because these events typically bring in large sums of revenue, many organizations pivoted and turned their in-person events into virtual fundraisers. […]
The Small Business Association (SBA) traditionally has an important role in providing access and opportunity for small businesses. A nonprofit is a small business, so it begs the question: Can a nonprofit get a nonprofit loan from the SBA (Small Business Administration) other than the PPP (Payroll Protection Program) or Disaster Relief Program? Although an […]
Lines of credit for nonprofits can be used for a multitude of scenarios, but most often a line of credit is used to address emergencies or opportunities that can be paid back in the short term. As Managing Partner at Financing Solutions, which is one of the largest lenders of Nonprofit Lines of Credit to […]
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