Nonprofit Loans

As Second Draw PPP Loans Dry Up, We Take a Look at PPP Forgiveness and Alternative Options

PPP Loan Forgiveness

With another round of PPP funding in the books, many small businesses and nonprofits that received funds are now turning their attention to PPP forgiveness. For others who may have missed the boat on securing government funding, alternative options have become increasingly more important. Even for those organizations who benefited from first or second draw […]

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CDFIs (part 1 of 2): Borrowing with Greater Flexibility

CDFI borrowing with greater flexibility

Community investing involves institutions and investment products that support economically disadvantaged communities. This is made possible through community development banks, credit unions, loan funds and microfinance institutions. Closely tied to socially responsible investing, they focus on economically improving disadvantaged communities by offering banking services and small loans to fund businesses, non-profit groups, and affordable housing […]

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Looking To Secure Nonprofit Financing?

secure Nonprofit Financing

For any business, securing financing can be a challenge, but for nonprofit organizations it can be especially grueling. Whether you are an established mission-driven organization or are relatively new and have a burgeoning idea to help strengthen your local community, lenders who do not specialize in lending to nonprofits may have a tougher time aligning […]

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Funding for Nonprofits in a Pandemic

Blog 7 pandemic funding

In the last year, the world has seen a seismic shift in nearly every aspect of life, due to the ongoing Covid-19 pandemic. For those involved in the operation of nonprofit organizations carrying out important social and environmental work, sourcing much needed funding is a growing concern. As troubling as these times may seem, there […]

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3 Assessments When Considering Providing Collateral for a Nonprofit Loan

“No! Don’t do it!” is the most common response to the question “should I guarantee someone else’s loan?” The nonprofit that you support needs a loan to support their activities, whether it is to grow, bridge to an asset purchase, or invest in a program that will benefit the work that they do. Unfortunately, they […]

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What You Need to Know About Nonprofit Business Loan Rates in 2021

A constantly shifting landscape has created uncertainty for many nonprofit organizations seeking to secure loans in the new year. At LENDonate, we’ve put together a look at what you need to know about nonprofit business loan rates as we head into 2021. Expect a Slight Rise in Nonprofit Business Loan Interest Rates As the economy […]

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How to Secure a Commercial Real Estate Loan for Nonprofits

So you’ve finally found it, the perfect working space for your nonprofit organization – but how do you obtain the funds to make the purchase? Capital campaigns are often necessary though time-consuming, and you need funds now. A commercial real estate (CRE) loan may be the perfect solution, but you need to be prepared. Our […]

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3 Tips for Securing Working Capital with a Strategic Nonprofit Loan

Nonprofit organizations play a vital role in addressing society’s toughest challenges, but they are not immune to the financial realities of doing business. Just like a for-profit company, nonprofits need to pay expenses and strive to do better than just breakeven. The good news – according to the most recent Nonprofit Finance Fund survey, 76% […]

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