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My organization has government contracts, whose payments can be delayed as long as 90 to 120 days. Could we use an NCCLF line of credit to help us with our cash flow?

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My organization has government contracts, whose payments can be delayed as long as 90 to 120 days. Could we use an NCCLF line of credit to help us with our cash flow?

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Yes! NCCLF’s line of credit is designed to help nonprofits that have cash flow problems due to delayed contract payments. Typically, we take a deed of trust on a property or an assignment of the contracts as a form of collateral.

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