Nonprofit Borrower Success Story: Meet Each Need with Dignity
Thanks to loans and donations from the LENDonate network of investors, the organization was able to continue providing their services during the most critical winter months!
LENDonate LOAN DETAILS
ORGANIZATION: MEND (Meet Each Need with Dignity)
LOAN AMOUNT: $250,000
LOAN TYPE: 12-month interest only
USE OF FUNDS: Bridge Financing to avert program interruption
SOURCE OF REPAYMENT: $3M+ property sale
For 47 years, MEND has opened its doors to the most vulnerable members of the community and have become one of the most comprehensive and empowering poverty relief agencies in Los Angeles County.
MEND is an anchor institution with the largest food bank in San Fernando Valley, medical, dental and vision clinics, clothing, homeless care services, as well as support and care through case management services.
The emergency bridge loan provided much needed cash that enabled MEND to continue providing these services during the most critical winter months.
Original Nonprofit Borrower Loan Offering
A unique opportunity to support a $250,000 bridge loan!
For 47 years, MEND has opened its doors to the most vulnerable members of the community and have become one of the most comprehensive and empowering poverty relief agencies in Los Angeles County. MEND is an anchor institution with the largest food bank in San Fernando Valley, medical, dental and vision clinics, clothing, homeless care services, as well as support and care through case management services.