[FunYouMan]

Can someone enlighten me on what the issues are with funding a NFP? Merchant has bankcards and large daily balances.

[Lmonus]

We have one underwriter here who entertains Non Profits. Feel free to submit it, but im very limited on my end when it comes to NFP.

[freeprocessing]

Can someone enlighten me on what the issues are with funding a NFP? Merchant has bankcards and large daily balances.

I would have to assume lack of AR if most of the revenue is donations.

[Moshe73]

Usually comes down on the "revenue" breakdown and ownership structure.

If the Deposits are all from donations/fundraisers/grants most companies are going to avoid this because these are fickle forms of revenue. Often times non-profits also have many board members as well. Are all going to want to sign and be liable?

People fund non-profits but the majority of the deals will fall into high risk - short term/expensive.

[Michael I]

also its bad press if they need to collect.

[Finance Guru]

We fund this industry.

[freeprocessing]

We fund this industry.

Thats actually not accurate.

[pcfunder]

Ownership usually seems to be the problem like Moshe73 said. A lot of people have to sign or they have to grant one person the authority to sign on behalf of all of them. It can become a big collection issue.

[FCG]

Our money is supposed to be used to make a profit. NFP does make profits but they are meant to be reserve funds and not pay out any owners. Which is why they get special tax benefits.