Credit Unions Deductions Nonprofit Organizations 
CreditStrong for Business
JULY 1, 2024
Because online lenders have lower requirements, they can be a viable financing option for business owners with bad credit, but there’s a catch. They tend to offer less favorable terms than banks and credit unions. Microloans Many nonprofit organizations and the Small Business Administration (SBA) offer microloan programs.
Fundera
DECEMBER 24, 2019
Federal credit unions. This is not an exhaustive list—there are other, very specific types of organizations that qualify, too—but you should be able to get a sense of what qualifies based on these categories. Examples of Nonprofits. Organizations you know, both big and small, are incorporated as nonprofit corporations.
Expert insights. Personalized for you.
52 
Let's personalize your content