New Resource Bank’s lending programs provide nonprofits with access to working capital and funding for new equipment, energy upgrades and green construction.
Here are a few example of the types of loans we provide nonprofits:
Lines of credit
Working capital lines to fund accounts receivable, typically over $250,000.
Loans to fund purchases of equipment, vehicles and other fixed assets. Term loans can also finance projects or succession planning.
Real estate acquisition and refinance loans
Short to medium-term loans to support real estate purchases and rehabilitation, including green upgrades such as energy retrofits.
Real estate construction loans
Loans for owner/users to fund green building projects.
Renewable energy project financing
Funding for the purchase and installation of renewable energy components of commercial projects.
Why finance with us?
“New Resource Bank is more than a bank, they are our family. Through their visionary perspective on financial support and the line of credit they provided us, they have strengthened Bioneers capacity to serve its community by providing practical and visionary solutions for the world’s most pressing environmental and social challenges, now and into the future.” – Joshua Sheridan Fouts, Executive Director, Bioneers
“Our line of credit has been invaluable in facilitating cash flow and ensuring uninterrupted operations, especially given the cyclical nature of fundraising.” – Paul Paz y Mino, Amazon Watch.
“Our financing helps us support hundreds of thousands of female entrepreneurs in the developing world as they lift themselves and their families, communities and countries out of poverty.” – Gary Ford, President & CEO, MCE Social Capital