It is estimated that up to 38% of all nonprofits may permanently shut their doors amid Covid-19 crisis. Among those hit worst are the nonprofits in human services; education; arts, culture & humanities; recreation & sports; housing & shelter; and religion.*
Although some of our nonprofit customers were able to adjust to online-only interactions; sadly, many suffer severe losses in revenue, are short staffed, and lack volunteers. In this perfect storm it is easy to overlook resources that are available.
The Economic Injury Disaster Loan (EIDL) offered by the US Small Business Administration can be your lifeline! The time to act is now as the funds are running out. Let our team’s expertise and innovative technology serve your organization’s financial needs.
*Based on the study "How many nonprofits will shut their doors?" prepared by Candid (former GuideStar).
See Candid.org for details.
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