Nonprofit Loan Types
Beneficial State Bank has the experience and expertise to help your organization expand its impact on the community. We offer the following financing options for nonprofit organizations:
- Term Loans
- Lines of Credit
- Commercial Mortgages
We offer several ways to help your organization meet its long-term goals. Our term loans may be used to finance equipment, capital expenditures, tenant improvements, and other long-term projects.
Lines of Credit
We offer two ways for your nonprofit to take advantage of short-term opportunities as they arise. Our revolving lines of credit let your organization finance short-term working capital needs. Our non-revolving lines of credit let your organization borrow funds disbursed over a period of time; once the project is complete, the line converts to a term loan.
We offer tailored financing for all types of commercial properties for nonprofit organizations.
We offer construction/renovation, acquisition, and refinance of Affordable Housing multifamily deed-restricted and HUD HAP properties.
Nonprofit Builder Loan
This loan type is targeted for clients looking to loan from $10,000 to $150,000. These loans are available for working capital or multiple advances for asset purchases or tenant improvements.
Learn more: Nonprofit Builder Summary Of Terms