To qualify for a loan, an organization must:

• Be a 501(c)(3) organization, incorporated and operating in the state of Texas;
  
• Have a Board of Directors with at least five unrelated members, and be empowered to borrow;
  
• Be able to submit monthly financial statements and cash flow projections;
• An applicant must be creditworthy, able to secure the loan and have a defined source of repayment for the loan.
  

For more information about the Nonprofit Loan Fund, contact Ryan Smith, Associate Director of Financial Services, at smith@cnmdallas.org or 214/826-3470, ext. 248.