NFF’s Financial Services aren’t a perfect fit for all nonprofits.  And many nonprofits in need of financing may not actually be ready to take on debt.  Our lending guidelines are driven by our organizational values and our need for sustainability. If your organization doesn't meet those guidelines, there still may be channels available to you other than Nonprofit Finance Fund. We know it's tough to find financing for nonprofit needs, but below are some suggestions and additional resources: 

Get Debt-Ready

• Review our webinar on preparing your organization to borrow.  
• Read an article by Barbara Libove -- When to Draw the Line: A Guide to Use and Abuse of Credit.
• Look over a webchat that expands on Barbara Libove's article.  

Go Local 

• Reach out to your organization’s local bank (the bank that currently holds your organization's checking/savings account) for a conversation about lending options. 
• Look into other CDFIs or Credit Unions in your area that might provide financing for your immediate needs. Opportunity Finance Network maintains an indexed list.  
• Contact your local nonprofit “umbrella organization” for local resources. You can find your state association here at the National Council of Nonprofits website.  

Tap Your Network

• Have a conversation with your Board members about additional resources they could provide, and ask them to draw on their relationships in the community.  This thoughtful post on our Social Currency blog by Angela Francis asks us to "Think Beyond the Wallet" in our interactions with Board members.   

Research Alternatives 

• There may be grants or other philanthropic support that is more tailored to your organization's needs. The Foundation Center has very helpful staff, great resources, and is the best place to start.