Revolving loans to help nonprofits manage cash | News-Gazette.com – Your Source for News and Advertising in East Central Illinois

Revolving loans to help nonprofits manage cash | News-Gazette.com – Your Source for News and Advertising in East Central Illinois: "Revolving loans to help nonprofits manage cash
Mon, 11/15/2010 - 7:00am | Julie Wurth Contact Author

A new revolving-loan fund will soon be available to help nonprofit agencies withstand a one-two punch from the weak economy and delayed state payments.

The Community Foundation of East Central Illinois, using a $100,000 grant from the Marajen Stevick Foundation, will administer the 'Program-Related Investment Fund,' with loans of up to $15,000 for agencies facing a cash crunch."