A Line of Credit... Just in Case
For nonprofit executive directors, it’s natural to want to open new doors, do new things and find new ideas on how to fund a nonprofit. This is the only way to keep moving forward. If you are an established nonprofit with revenue over $300,000 per year then you are already past the threshold of knowing […]
Finding access to quick funding is the first step to turning a struggling nonprofit organization into a successful one. That’s why more and more they are turning to nonprofit lines of credit to help their business succeed. Fast nonprofit business financing is the best way to prevent a temporary cash flow issue from turning into […]
They say that everything you have ever wanted is out there, just waiting for you to ask for it. For example, you may have wanted to factor your nonprofit receivables but don’t know whether it’s a good idea. Asking the right questions will make all the difference. If you have ever wanted to factor your […]
A positive attitude, a solid mission, and dedicated employees can really make a difference for your nonprofit. You should also learn how a line of credit can really help nonprofits. Leading a nonprofit is often not filled with huge triumphs, but little victories that add up. That’s typically what a nonprofit is really all about. […]
If you fall behind in the race to success, the only answer is to run faster. However, no matter how hard you run, your nonprofit financing will always lag behind for profit businesses. The mindset many people still harbor about nonprofits can hold you back. They often believe there should be no overhead and no […]
Some people see technology as a necessary evil that is destroying our culture. Others may view it as a way to bring people together to solve our most pressing questions. No matter which way you see it, technology grants for nonprofits are sure to help. The problem is that technology grants for nonprofits are not […]
You could spend all day asking why banks will not loan to nonprofits. Nevertheless, a better question would be how you can get a nonprofit loan anyway. In the nonprofit world, asking the right questions can make all the difference. You need to know why banks will not loan to nonprofits, how funding cuts may […]
Many people believe nonprofits have it easy. A volunteer workforce, government funding and not having to pay taxes seems like a dream come true. The truth, of course, is that you do have to pay your employees, funding is scarce and it’s necessary that your nonprofit files a 990 with the IRS. While there are […]
They say that life is a challenge and you must meet it head-on. But what do you do when that trial involves not having the cash to pay your employees? In this case, you may need to find business loans for nonprofit organizations to meet payroll. When nonprofits are struggling to make payroll, some choose […]
Question: What do you get when you cross an executive director, community outreach coordinator and a cook? Answer: The CEO at the average nonprofit organization. Yes, when you run a nonprofit, you must wear many hats. You are expected to know everything from the demographics of the community you work in to how can your […]