Coastal Community Capital Apply for a loan online today
5 Patti Page Way, Centerville, MA 02632
Mon - Fri      8:30 AM - 5:00 PM
508 790 2921

Financing Non Profits

As a non-profit, you keep our communities grounded with vital services not offered anywhere else, providing a solution to many of our greatest needs. You strengthen our neighborhoods and make our economy more viable. With your varied business models and unique operating environments, Coastal knows you need a financing partner that can appreciate your particular financial situations and provide solutions to meet your needs. Our loan guarantees may be used to establish a new non-profit or to assist in the operation, acquisition, or expansion of an existing non-profit including working capital.

IDEAL PROJECT All non-profit business financing needs
PROJECT SIZE Up to $10 million.
QUALIFICATIONS
  • Non-profit business
  • Native American tribe on Federal or State reservation
  • Federally recognized tribal group
  • A Public Body
  • Individual
TERMS Subject to standard bank underwriting. Guarantee up to 90%.
INTEREST RATES Subject to standard bank rates. Generally at market and fixed.
REPAYMENT Subject to bank underwriting.
COLLATERAL One-to-One collateral required.
SERVICING FEES Subject to annual renewal fees.
USES

Non-Profit:

  • Acquisitions
  • Conversion
  • Enlargement
  • Repair
  • Modernization
  • Development
  • Purchase & Development of Land
  • Easements
  • Rights-of-Way
  • Buildings/Facilities
  • Purchase of Equipment
  • Leasehold Improvements
  • Machinery
  • Supplies
  • Inventory

Other terms and Conditions will apply. Prices, terms and conditions subject to change without notice on all loan products.


 

Last updated: June 20, 2012

Lending. Growth. Success.

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