The nonprofit sector is the third largest workforce in the country, employing more than 11 million workers. To help, they can turn to Financing Solutions, which is one of the largest nonprofit financing companies in the U.S.How Did Financing Solutions become one of the Largest Nonprofit Lenders in the U.S.

A majority of these nonprofits are small, with less than $500,000 in annual revenue. This means nonprofit lenders are vital in maintaining this important part of our economy. Unfortunately, not for profit funding is hard to come by, leading many to turn to alternative lenders for help.

Challenges of Nonprofit Funding

Nonprofit businesses often have an organizational and operating structure that scare away banks and other financing companies. For example, your funds come in often all at once, there is no “owner,” and a nonprofit often has no collateral.

In addition, government funding for nonprofits continues to decrease. This problem is made worse by the fact that demand for services has steadily increased.

How Did Financing Solutions become one of the Largest Nonprofit Lenders in the U.S.

Over the years Financing Solutions ( has become a leader in providing financing and lines of credit to nonprofits because they understand your industry. They know that nonprofits rarely go out of business, and that funds typically come in all at once through grants.

Financing Solutions also understands how your fiscal year works, and that payroll is your most important expense. As a result, the fact that there is no collateral or owner doesn’t scare them.

In their many years of working with nonprofits, they have learned that nonprofits are reliable customers and that their line of credit product is a perfect match for your industry. It costs nothing to set up and you are only charged when you use it. You can pay back the line at any time.

The biggest benefit of their line of credit product for nonprofits comes at the end of the fiscal year. This is typically when you are waiting for that big grant but when payroll still needs to be paid. Most not for profits will use their line at that time and then pay it back when the new grant comes in.

What Can the Smallest Nonprofits Learn from the Largest?

The secrets of longevity – some of the largest nonprofits in the country have up to $50 million in revenue. While some of this might be attributed to luck, connections or charisma, most is the result of hard work, a solid mission and finding the right funding model. Nonprofit lenders are the key.

The benefits of increased visibility – you can’t grow if no one knows who you are. They also need to be aware of what you are trying to accomplish. Once you become a household name, like Habitat for Humanity, it’s easier to raise funds and attract donors.

The importance of nonprofit business funding – even the biggest nonprofits started small. At some point, they needed to shore up finances and make payroll. This is something your nonprofit can do easily, with help from Financing Solutions.

If your nonprofit would like a line of credit that you can use when cash flow is down please visit to learn more, to apply and to receive a written offer.  A line of credit for your nonprofit costs zero to set up and zero until you use it. This makes it an excellent backup plan.