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A Guide to Nonprofit Debt in the Age of COVID-19

The Nonprofit Finance Fund presents A Guide to Nonprofit Debt in the Age of COVID-19.

COVID-19 presents a fundamentally new challenge to the nonprofit sector that has forced leaders to rapidly adopt new strategies to ensure their organization’s survival. In this time of uncertainty, it is essential that nonprofit leaders have every tool at their disposal to make the difficult decision of how to move forward. Through a combination of new government programs, philanthropic responses, and historically low interest rates from for profit financial institutions, an unprecedented number of nonprofit organizations are taking on debt for the first time.
For nearly 40 years, Nonprofit Finance Fund has served as a trusted partner to nonprofits seeking financing and making financial decisions. This webinar will leverage NFF’s experience as both a lender and a trusted advisor to give decision-makers a framework for considering debt. In particular, participants will learn:
• What nonprofit debt is
• How to know if debt is the right decision for a nonprofit
• Overview of financing available in response to COVID-19
• Considerations for nonprofits once a loan has been secured
• The process for applying for a loan and how lenders make financing decisions