Lendio

NOVEMBER 20, 2023

This guide will walk you through many of the crucial steps required to getting a nonprofit organization up and running. What is a nonprofit? A nonprofit organization is a business entity that has been granted tax-exempt status by the Internal Revenue Service (IRS) because it furthers a social cause and provides a public benefit.

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Lendio

DECEMBER 9, 2023

Learn more about nonprofit bookkeeping and its accounting process to better position your charity to apply for grants, win over big-money donors, and drive change. What is nonprofit accounting? Nonprofit accounting—also referred to as fund accounting—is a unique form of bookkeeping designed specifically for nonprofit organizations.

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CreditStrong for Business

JULY 1, 2024

The other notable issue with merchant cash advances is that you typically must repay them with automatic daily or weekly deductions from your credit and debit card sales, which constantly erodes your cash flows. Microloans Many nonprofit organizations and the Small Business Administration (SBA) offer microloan programs.

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