Line of Credit for Nonprofits & 501(c)(3) Organizations
Running a nonprofit can be challenging, and funding delays shouldn’t get in the way. Our Lines of Credit give you fast, flexible access to capital when cash flow gets tight.
Access your funds now by connecting with our team
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What Is a Line of Credit for a Nonprofit?
A nonprofit line of credit is a pre-approved amount of funding your organization can draw from as needed, without going through the application process every time.
Unlike traditional loans, you only pay interest on the amount you actually use. When you repay what you’ve drawn, that credit becomes available again. It’s flexible, reusable capital designed for organizations with unpredictable or delayed funding cycles, like donations, grants, and reimbursements.
What’s Included in a B Generous Nonprofit Line of Credit
Our Line of Credit for Nonprofits is more than just access to funds. It’s a flexible and supportive financial solution designed around how your organization works. Here’s what you can expect:
Pre-Approved Credit Limit
If approved, you’ll receive a set amount of available credit that you can draw from as needed. You only pay interest on what you use.
Flexible Fund Usage
Use your credit for cash flow gaps, grant delays, payroll, operational costs, or project expenses, whatever helps you keep moving forward.
Revolving Access
As you repay, the funds become available again. It’s reusable, reliable financing designed for ongoing nonprofit operations.
Nonprofit-Friendly Terms
Enjoy competitive rates, clear repayment schedules, and no hidden fees—so you can focus on your mission, not fine print.
Fast & Simple Setup
Apply online with minimal documentation. Once all documentation is provided, credit decisions can take as little as a week, with funding possible within 24 hours of the signing of the loan documents.
Ongoing Support
You’re never on your own. From renewal questions to strategic funding support, our team is here to guide you every step of the way.
Get the support your nonprofit needs
Get Funded in 4 Simple Steps
1. Apply Online
Complete a quick application with basic details, no lengthy paperwork.
2. Get Reviewed
We evaluate your request and connect you with the right lending options.
3. Receive Approval
Get approved and access your line of credit, often within a few business days.
4. Use Funds Anytime
Draw funds when needed, repay as you go, and reuse your credit line.
Why Nonprofits Choose B Generous
B Generous was created to make flexible capital more accessible for nonprofits and mission-aligned organizations across the country. We’re building infrastructure that prioritizes purpose and impact, not just profit.
- We know funding doesn’t always arrive when expenses do. Our credit solutions are designed to fill the gap without slowing down your work.
- We’ve built the nation’s largest credit marketplace exclusively for nonprofits, helping you secure fast, flexible and affordable financing, so you can focus on what matters most: impact.
- By connecting nonprofits to a wide range of trusted bank and nonbank mission-aligned lenders, we’ve helped move millions into the hands of changemakers. Will you be next?
Frequently Asked Questions
You can use your line of credit to manage short-term cash flow needs and keep your operations running smoothly. It’s flexible funding you can draw from as needed and repay over time. Common uses include:
– Bridge Funding – Cover expenses while waiting for grant disbursements, government reimbursements, or donor pledges
– Cash Flow Gaps – Smooth over slow fundraising periods or seasonal revenue fluctuations
– Payroll and Operating Costs – Ensure staff, vendors, and bills are paid on time—even when revenue is delayed
– Event or Program Launch – Pre-pay for venues, supplies, or marketing before receiving event income or sponsorships
– Emergency Expenses – Address unexpected repairs, cost overruns, or urgent program needs without disrupting your mission
– Vendor Prepayment Discounts – Pay vendors early to take advantage of bulk or prepayment discounts
Key factors include:
– Annual revenue and expenses
– Cash flow consistency
– Diversity of funding sources
– History of grants/donations
– Debt service coverage ratio (ability to repay)
– Organizational stability and leadership
A line of credit is revolving—you draw and repay as needed, useful for short-term gaps.
A term loan is a lump sum with scheduled repayments over a set period, better for long-term projects.
It depends on your organization’s size, revenue, and financial strength. Loans typically range from $100,000 to $1 million, but we can lend larger amounts in certain circumstances. We will assess your financials and recommend an appropriate amount.
Most lenders ask for:
– IRS Form 990
– Recent audited or internal financial statements
– Operating budget
– Board resolution authorizing borrowing
– Cash flow forecasts or projections
– Schedule and details of existing debt and liens
– Possibly grant award letters or donation history
Rates vary by lender, but B Generous works with the largest number of mission aligned lenders in the nation, so rates are competitive and terms are nonprofit friendly.
This depends on the complexity and size of the loan request. However, most credit decisions are issued within 2 weeks of receipt of all documents, with funding for approved loans available within days after that.
We provide financing to all types of U.S.-based nonprofit organizations (501(c)(3)(4) and more) — from education and healthcare to the arts and animal welfare. To qualify, your nonprofit must be headquartered in one of the 50 U.S. states, maintain a U.S. bank account, and be in good standing with the IRS. International operations are welcome, as long as your main office is in the United States.
Connect with our team to access your funds now
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