Nonprofit Loan Program
The NHCF Nonprofit Loan Program offers low-interest loans to New Hampshire nonprofits for working capital, capital projects, and revenue-generating initiatives when traditional financing is unavailable.
Funder: New Hampshire Charitable Foundation
Due Dates: Rolling
Funding Amounts: Loans from $10,000 to $100,000 (larger amounts considered in special cases); typical term 1–5 years; interest rate ~4%; $250 origination fee for approved loans.
Summary: Provides low-interest loans to New Hampshire nonprofits needing working capital or project financing when traditional funding is unavailable.
Key Information: Pre-application consultation with NHCF staff is required before submitting an application.
Description
The Nonprofit Loan Program from the New Hampshire Charitable Foundation is designed to strengthen nonprofit organizations by offering access to working capital and supporting sound financial management. This program targets nonprofits that cannot secure debt financing from traditional sources, or that need to partner with traditional lenders to fulfill their financing needs. Eligible projects include bridge financing for capital projects, launching or expanding revenue-generating programs, or improving cash flow. Proposals are evaluated on community need and benefit, strategic direction, management capacity, board support, and financial criteria such as revenue, financial history, and repayment plans. The program does not support deficit funding, filling budget gaps, or substituting for regular revenue sources.
