Non-profit with $35k/mo deposits
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  1. #1

    Non-profit with $35k/mo deposits

    Hi everyone,

    I have a non-profit group home for disabled children seeking $25k to take on additional children and buy beds/desks/computers, etc. They have one monthly deposit of $35k every month and are required to keep a minimum cash balance in their bank account of $50k at all times per govt guidelines to stay in business. Credit is in the 500s, in business 3 years.

    Any interest?
    Last edited by EliteFundingGroup; 07-07-2017 at 05:26 PM.

  2. #2
    Senior Member Reputation points: 32550 Funder Mark's Avatar
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    Non-profit = not good
    $35k deposits = not good
    500's credit = not good
    1 deposit = not good

    Dont think anyone would do this deal, besides WBL.

  3. #3
    Senior Member Reputation points: 203690
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    Everest and Strategic I think do non profits

  4. #4
    Member Reputation points: 10
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    I do non profits, as long as they have bank statements and/or financial statements

  5. #5
    Senior Member Reputation points: 983 Joseph Esparza's Avatar
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    Quote Originally Posted by Sachip24 View Post
    Everest and Strategic I think do non profits
    Don't forget #FUNDKITE...we're in that game too.
    Last edited by Joseph Esparza; 07-07-2017 at 02:42 PM.
    Joe Esparza
    FUNDKITE
    "FinTech High-Risk Funding Table"
    joseph.e@fundkite.com | 929.999.2700x1008

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