We use to stress out when payroll was due at certain times of the year and our nonprofit grants were delayed. Now, we just use our Financing Solutions nonprofit line of credit and pay it back in a few weeks.
Executive Director, At risk children Nonprofit
At the end of our fiscal year the state always delays our funding. We can’t just stop helping our clients so we use our Nonprofit Line of Credit to bridge that gap.
Executive Director, Disability Care Nonprofit
We use our Nonprofit Line of Credit as a backup plan and the best part about it is the line doesn’t cost anything until we use it. We also don’t have to keep going back to our nonprofit board for a loan.
Executive Director, Inner city development Nonprofit
Most nonprofits have ups and downs in cash flow due to delayed reimbursements, grants, and fundraising. A Nonprofit Line of Credit can greatly help your organization…and your peace of mind.
We have an “A+” & 5 star rating from the Better Business Bureau. As the leader in Nonprofit Lines of Credit, we have 100’s of nonprofit clients just like you.
Answer a few questions and we will send you an offer in writing. If you decide to move forward with your nonprofit line of credit, we will then ask for a few easy-to-get documents.
Unlike a bank loan for nonprofits, the line doesn’t cost anything to set up or until used, making it a great backup plan. Many of our nonprofit clients get their Line of Credit in place NOW in case it is needed later. .
Our FS Nonprofit Line of Credit has saved us many times helping us bridge the gap between our reimbursements and expenses. We were ecstatic to find FS because bank loans for nonprofits require collateral and personal guarantees while Financing Solutions does not.
Dr Bill Anderson, Executive Director
We use to sweat out cash flow issues but we use our nonprofit line of credit now. It has completely reduced the stress in our office and acts like a short-term, inexpensive business loan for our nonprofit organization.
Lisa Conlan Lewis, Executive Director
Budgeting for nonprofit organizations is always a challenge because things often change. A nonprofit credit line from Financing Solutions allows you to not have to be perfect.
Nonprofit finance used to be hard to be approved for because banks always want personal guarantees, we don’t. There are no personal guarantees or collateral required.
Nonprofits have always wanted to be able to get small business loans from banks or the government SBA to help their organizations but can’t. A Nonprofit Line of Credit from Financing Solutions now gives you that tool.
Funding for nonprofits can sometimes come in sporadically but expenses are often fixed. A nonprofit credit line costs nothing until used making it a great cash backup plan.
When the opportunity to win grants for your nonprofits comes up, you sometimes have to invest some time and money to win. A nonprofit line of credit allows you to make that investment
When a nonprofit runs into problems often a loan from a board member or donor is offered. That is a tricky situation. The Nonprofit Line of Credit helps you avoid that conflict.
Government funding or reimbursements often fluctuate when they are paid. You know the money is coming in but your programs need to continue. Your nonprofit credit line reduces that stress.
Nonprofits leadership means propelling the vision forward. Financially, government grants, donations, and foundations can all do that. However, a Line of credit for your nonprofit can help you make a timely investment.
Financing Solutions donates 10% of its profits to nonprofit organizations.