Nonprofits Insurance Alliance

Does your nonprofit need a cash-flow loan? If you’re a member in California, we can help.

NIAC has a small pool of funds available to make loans of up to $50,000 to members. NIAC’s long-term goal is to prove it is financially feasible to underwrite small, yet impactful, loans to the nonprofit sector. Our research suggests that the market does not offer loans at market-based interest to financially secure nonprofits. And, if loans are offered to organizations, the processing time takes up to one year! We believe that access to small loans could improve nonprofits’ ability to serve their communities and increase their overall effectiveness. We are now inviting you to join us in proving to funders, financial institutions, the government sector, and others that making small loans to credit worthy nonprofits is both financially viable and the right thing to do!

These loans have a fixed interest rate of 6 percent interest with a loan origination fee from $250 to $500 (depending on the size of the loan). The loans will have a term of up to 12 months. Review and approval of the loan is expected to take less than five weeks. If your organization could benefit from this service, please email Nloan@insurancefornonprofits.org

Find out more here.

*PLEASE NOTE THAT THIS IS AVAILABLE TO CALIFORNIA MEMBERS ONLY