Sponsorship is an innovative and impactful way to support a nonprofit that is special to you and financial reward is not a significant purpose. Board members, nonprofit leadership, and foundations can provide additional support to the organization’s loan proposal. Sponsorship is an endorsement of the nonprofit’s mission and your desire for their on-going success.
A nonprofit that plans to source funds on LENDonate may have a great proposal but not have the right financials to succeed in our underwriting process. They may not be eligible for a loan or may be looking to borrow at a lower rate. A sponsor can help that organization qualify for a loan and get the borrowing rate they need to have a successful loan campaign.