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Our mission is to improve the management effectiveness of nonprofits in Texas by providing short-term loans, consultation, information and discipline to enhance their ability to achieve and maintain financial equilibrium.
The Nonprofit Loan Fund, established in 1987, makes short-term loans of one year or less for up to $60,000 to nonprofits throughout the State of Texas. The fund bridges cash flow shortfalls or provides working capital funding. Since its inception, the Fund has made nearly 270 loans totaling more than $6 million. Major contributors to the Nonprofit Loan Fund are The Meadows Foundation and The Houston Endowment, with additional support from several financial services companies.
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.
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