A Line of Credit... Just in Case

nonprofit business funding

Why Banks Are Reluctant to Give a Small Business Loan to a Nonprofit

To lead a nonprofit, you cannot be reluctant. You must face your fears, such as the fear of rejection and failure, head on. It’s a shame then that banks are reluctant to give a small business loan to a nonprofit organization. Many executive directors are reluctant to discuss the need for fast nonprofit funding. Sure, […]

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How a Line of Credit Can Really Help Nonprofits

Ways that a Line of Credit Can Really Help Nonprofits

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. […]

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Top 3 Financial Challenges Nonprofits Face

You should not judge a nonprofit by how it operates when things are good. How a nonprofit handles challenges will tell you whether it can stand the test of time. There are typically three top financial challenges nonprofits face throughout their lifetime. Having the right resources can be the difference between success or failure. They […]

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How a Line of Credit Can Assist Nonprofit Fundraising

As a nonprofit organization, you assist thousands of people every day. However, who can you count on to assist you with nonprofit fundraising? You may find that a line of credit is the solution. In any business or field, asking the right questions can be the key to improving your nonprofit fundraising efforts. For example, […]

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Financing Solutions is One of the Largest Nonprofit Funders in the U.S.

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. A majority of these nonprofits are small, with less than $500,000 in annual revenue. This means nonprofit lenders […]

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Why a Line of Credit is Valuable While Waiting for a Grant for Your NPO

They say that good things come to those who wait. However, there’s nothing that says you can’t hustle in the meantime. Therefore, while you are waiting for a grant for your NPO, you should get a line of credit to tide you over. When you are waiting for a grant for your NPO, at least […]

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Can a Nonprofit Organization Write Off Interest Payments on a Loan

They say that to know your own story, you must write it yourself. If you are doing your own taxes, you must know can a nonprofit organization write off interest payments on a loan. Although nonprofit organizations are tax exempt, there are still issues with the IRS that you must contend with in order to […]

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Where Non profit Organizations Can Get a Business Loan

You cannot measure a nonprofit by where it stands during times of prosperity and well being. The true test comes in moments of despair and adversity. This is when you need to know where non profit organizations can get a business loan. While non profit business loans are hard to come by and government grants […]

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Why a Nonprofit Company Should Always Have Capital Reserves

Nonprofits are a profile in perseverance. More than any other type of business, they understand that you should not let a problem defeat you. Instead, it should make you stronger. That’s one reason why a nonprofit company should always have capital reserves. The value of a nonprofit should be measured in what it gives, not […]

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Managing a Nonprofit Includes Having Business Financing Set Up

Baseball great Tommy Lasorda said, “Managing is like holding a dove in your hand. Squeeze too tight and you kill it, not hard enough and it flies away.” Managing a nonprofit is similar.  Managing a nonprofit is hard and you must learn why the right fast business financing can make all the difference. The Challenges […]

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