Lifeline PRIs for Nonprofits
Super fast and friendly emergency loans
SurvivING the Storm
We rely on nonprofits the most during disasters. Yet during economic downturns, charitable giving also decreases. Half of all nonprofits have less than 3-months of cash reserves. It's the perfect storm!
Throw a Financial Lifeline
Now YOU can help the specific church, school, or nonprofit that you care about survive the storm by providing low-cost, patient, tax-advantaged working capital. When you have given all you can, help with a Lifeline PRI.
Super Friendly Terms
1% simple interest
Annual, interest-only payments
1-year, 2-year, 3-year, or 4-year term
No collateral or board guarantees
Potential for forgiveability
Super Fast, Low-FEe Process
Little diligence required
No setup fee or maintenance fee for Venn Accounts
One-time, fixed $250 closing fee
(covered by either donor or recipient)0.5% simple interest success fee to donor Venn Account only if/when cash repaid
Donor Driven
Support your specific nonprofit, church, or school
Any principal amount (minimum $5,000)
Easily pool money for the same PRI with other donors, DAFs, and foundations
Recommend variable terms for the PRI
(length of term, forgiveability)Redeploy dollars in new PRIs or grants