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Lending
IFF provides nonprofit corporations serving low-income and special needs populations with flexible, below-market financing for capital projects and equipment. IFF's standard loan product is a 15-year mortgage up to $1.5 million for real estate acquisition, renovation and construction. Loans as small as $10,000 are available to purchase equipment or vehicles, complete facility repairs, undertake maintenance, or for energy efficiency upgrades. Our loans and application process are specially designed for how nonprofits operate. With no appraisal requirements, fees, points or rate variances based on risk – and with a quick approval process – our rates and terms can save you money. IFF loans cover up to 95 percent of total project costs and can be fully amortized for a term of up to 15 years, eliminating the burden and risks of balloon payment refinancing. IFF makes second position loans and offers financing for leasehold improvements. We lend to a wide variety of nonprofit corporations in our 5-state region. Many of our borrowers serve low-income and special needs populations through the following sectors:
Please click here to apply for a loan, or call IFF toll-free at 866 629 0060 to speak with a loan officer or email us. |



