Lending
A Spreadsheet Helps
One night, I was alone in my office worrying about the financial state of a nonprofit I worked for. The thought I kept having was, “this is bad.” I didn’t know how bad, or what bad meant. As I sat there looking for solutions, I realized I didn’t have a critical tool. I did what I would tell any other nonprofit financial leader in my situation: I made a cashflow statement. When you’re spinning out of control, honestly, a spreadsheet helps.
Four things nonprofits should consider before buying real estate
Many nonprofit organizations are having conversations about purchasing real estate, more than ever before. Whether it be the desire to have control over your space or the current market climate, nonprofits are in a unique position to hold community assets. Propel is here to be a partner through this process.
Second Annual CDFI Coalition Day
The CDFI Coalition Day, hosted by the Minnesota Consortium of Community Developers (MCCD), Habitat for Humanity of Minnesota, and the MN CDFI Coalition, was packed with informative and engaging sessions and opportunities to network and advocate
Propel Requests State Direct Appropriation to Support Nonprofits with Capital Projects
Propel is committed to supporting nonprofit facilities projects through technical assistance, capital, and continued advocacy.
Propel Nonprofits Surpasses $300 Million Milestone in Loans to Nonprofits
Propel Nonprofits, a leading force in providing financial expertise and resources to nonprofit organizations, is…
What Does CDFI Mean?
A few weeks ago, many of you joined us at the Nonprofit Finance & Sustainability…