For nonprofits facing a cash flow challenge, reach out to any of our loan officers to discuss a working capital emergency loan.

We make loans to a wide range of nonprofits of different sizes and fields of service. A 501(c)(3) nonprofit organization in Minnesota and the adjacent states of Wisconsin, Iowa, North Dakota and South Dakota, and Native nations sharing this geography are eligible to apply. For us, it is more than a loan. Every nonprofit is unique. Mission, program mix, funding streams, and business models all impact what kind of loan will work best. Built on our knowledge of nonprofits and their business models, our lending team determines the best approach to meet your needs, and sticks with you to address challenges.

Our lenders are available to talk through any questions you have about the lending process and what might be right for your organization. Reach out to them today.

Loan Types and Typical Ranges

Working capital

Loans to support program and operational stability or program expansion or reimbursements. Typical range: $20,000 to $600,000

Lines of credit

Flexible financing to manage cyclical cash flow, such as to bridge the timing gap for receipt of a committed grant or contract. Typical range: $20,000 to $600,000

Short-term facility projects

Facility loans used for building improvements, repairs, equipment purchases, or to bridge to a capital campaign. Typical range: $50,000 to $1 million

Long-term facility mortgage

Flexible mortgages for building purchases, renovations, or construction for up to 5-7 years.  Typical range: $50,000 to $1 million

Ready to apply?

Download and save a copy of our loan application to your computer, then email us the completed PDF.


Loans are available for periods of a few months to 15 years, and longer amortizations are available. Loan structure, interest rates, collateral, and payment plans are customized to fit the organization’s business model, cash flow, and project plans.


Related Resources

Loans: A Guide to Borrowing for Nonprofit Organizations

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Cash Flow Template

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Annual Requirements for Nonprofit Organizations in Minnesota

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Lending Client Case Study

The Lift Garage

"I felt like Propel was in it for us, the staff was a safe place to take questions – the staff wanted to help us succeed and that is a good feeling."
Cathy Heying, Founder and Executive Director, The Lift Garage