Nonprofit Loans
Looking To 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 […]
Read moreFunding for Nonprofits in a Pandemic
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 […]
Read more3 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 […]
Read moreWhat 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 […]
Read moreHow 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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