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