A Line of Credit... Just in Case

nonprofit financing

Where to Get Business Loans for Nonprofit Organizations

Article summary: Many people think there is no need for business loans for nonprofit organizations. On the contrary, nonprofits have revenue, payroll and expenses just like for profit businesses. However, commercial banks are no longer your only source for this type of funding. It’s important to know where to go, what terms you can expect, […]

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What is a Nonprofit Line of Credit Being Used For Video

Summary: Financing Solutions shares the top 4 reasons how a nonprofit line of credit is used.  Nonprofits use their Line of Credit typically to make payroll when there is a delay in reimbursement funding, when there is an emergency that has to be addressed, to start a new program early when the nonprofit knows that […]

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Can a Board Member Loan Money to Their Nonprofit

There is a ton of pressure on board members. Your organization expects you to oversee its activities, maintain adherence to bylaws and keep track of the financial condition. But should the same board member loan money to their organization as well? As a board member, you want your nonprofit to succeed. Therefore, when there is […]

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Nonprofit Financing is Behind For Profit Businesses

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 […]

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If Your Nonprofit Files a 990 You Can Get a Line of Credit

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 […]

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Where to Get a Line of Credit for Your Nonprofit

In the world of nonprofits, there are time lines, fine lines and bottom lines. These help to keep you on track and focused on your mission. Perhaps the most important line is a line of credit for your nonprofit. There are many bumps and challenges along the line of success and it’s easy to get […]

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How Fast Can a Nonprofit 501C3 Get an Emergency Business Loan

It seems as if our lives are dictated by time and money. For example, you may need to know how fast a nonprofit 501c3 can get an emergency business loan. In the not for profit business, things move fast. If you don’t keep up, you will miss out on key opportunities for expansion and growth. […]

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Why Nonprofit 501C3 Businesses Have a Hard Time Getting a Bank Loan

No one ever said life would be easy but you probably weren’t expecting it to be quite this hard. The same can be said for the nonprofit business world. Starting your business was surely not simple but you didn’t know that nonprofit 501c3 businesses would have such a hard time getting a bank loan. As […]

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Small Business Loans for Nonprofits

In the nonprofit world, your business survives because of what you get but is defined by what you give. Consequently, in order for your business to keep giving, you may need to get small business loans for nonprofits. Anne Frank said, “Nobody need wait a single moment before starting to improve the world.” Unfortunately, you […]

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Where to Find Small Business Loans for Nonprofits

It has been said that big things often have small beginnings. For example, just think of all the amazing things your organization could do with small business loans for nonprofits. Sometimes, all it takes for a nonprofit organization to thrive is a small bit of assistance. That’s why small business loans for nonprofits are so […]

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