Published date: 02-17-2020
Last updated on: 10-08-2022
It used to be that only for-profit enterprises could access the mortgage loans necessary to buy their space outright. Today, new lending solutions and arrangements have made it possible for nonprofits to access nonprofit mortgage loans and other creative solutions that give them flexibility and power over their future.
The tools now available to nonprofits range from crowdfunded loans to lines of credit and cover a variety of situations that apply to many nonprofits. It’s in the best interest of the leaders of any nonprofit organization to investigate the options available to them and determine which, if any, work best with their organizations’ capital and operational needs.
