About Borrowing

The LENDonate platform serves as integration point between you, your current supporters and potential future supporters who learn about your organization for the first time through LENDonate.

We are here to facilitate and manage that process, keeping your conversations focused on what matters: your programs. You can tell your story on LENDonate to reach a larger pool of nonprofit-oriented donors and return-seeking lenders. The benefits can be dramatically reduced funding costs and a growing base of support.

We are here to help you finance major projects or ongoing operational needs, so the minimum funding amount is $50,000. The maximum amount is determined by your organization’s financial strength. Depending on the complexity and size of the loan, it may take 2-6 weeks to receive the funds.

Our interest rates range from 3.5% – 10%


Borrower Fees:
1 – 2% Origination Fee, to encompass different levels of loan complexities
2% – Donation Processing Fee

The below table illustrates our current LENDonate product types and provides some general ideas of ways to use your loan.


LENDonate Loan Products

 

To qualify for a loan, your 501(c)(3) organization needs to have at least 3 years operating history and be in good standing. We will evaluate your organization’s financial strength in supporting this loan.

Complete this application. You will also be asked to submit the following documents:


Required Documentation
IRS determination letter
Most recent IRS Form 990
Most recent financial statements (audited, if available)
2 most recent bank statements
Your organization’s logo (Supported formats: gif, png, jpeg. File must be less than 10 megabytes.)

Still have questions? Share them with us in our contact form.
We will get back to you within 24 hours.