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The Fed Just Lowered Interest Rate: How Nonprofits Can Take Advantage of This Lower Interest Rate Environment
How Do Nonprofits Repay Their Loans?
Nonprofits create critical impact in our communities and provide services – such as housing or medical care – that would otherwise be inaccessible. To deliver these services, nonprofits, like for-profit businesses, require capital. For some nonprofits, philanthropy delivers enough funds to fulfil... Read full article...
Why Nonprofits Borrow
Access to credit is essential to the success of any business, and the case is no different for nonprofits. Without affordable loan capital, nonprofits may forgo growth opportunities, operate in suboptimal real estate (or pay high rent), or consider expensive financing.
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