Lending
Lending

For more than 25 years, IFF has supported nonprofits serving low-income and special needs populations by providing flexible, affordable financing for capital projects and equipment.

Responding to the needs of nonprofits

With no appraisal requirements, prepayment or origination fees, points or rate variances based on risk – and with a quick approval process – IFF's loan program is specially designed for how nonprofits operate.

IFF offers loans up to $1.5 million for real estate acquisition, facility renovations, and construction projects. We also offer loans as small as $10,000 to finance the purchase of equipment or vehicles, the completion of facility repairs or maintenance, or  energy efficiency upgrades.

Our 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. To help address some of financing challenges faced by  nonprofits, IFF also makes second position loans and offers financing for leasehold improvements.

Please visit our Loan Program Overview page to learn more about IFF's financing solutions that were designed to help nonprofit organizations grow, build net assets, and achieve long-term financial health.

  

Strengthening nonprofits and the communities they serve

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:

    
  • Early childhood care and education
  • Education (charter and private schools)
  • Human services
  • Health care (FQHCs, CHCs)
  • Youth, adult, senior services
  • Developmental disabilities services
  • Affordable housing
  • Supportive housing
  • Community development
  • Arts and culture
  • Faith-based human services
  • Get started

    To speak with a loan officer, please call IFF toll-free at 866 629 0060 to speak or email us.This e-mail address is being protected from spambots. You need JavaScript enabled to vie.

    Or, if you are ready to apply for a loan, please click here to download a loan application.

     
       

    Illinois
    One N. LaSalle St.
    Suite 700
    Chicago, IL 60602
    T. 312 629 0060
    F. 312 629 0061

    Indiana
    202 E. Market St.
    The Platform
    Indianapolis, IN 46204
    T. 317 454 8530

    Iowa
    101 W. 2nd St.
    Suite 502
    Davenport, IA 52801
    T. 563 323 0885

    Missouri
    911 Washington Ave.
    Suite 203
    St. Louis, MO 63101
    T. 314 588 8840
    F. 314 588 2170

    Wisconsin
    215 N. Water St.
    Suite 225
    Milwaukee, WI 53202
    T. 414 563 1100

     

    CARS Rated triple A plus one

    Follow IFFcdfi on Twitter