Open Road Alliance has launched a low-interest loan to offer NFP's access to working capital and credit lines understanding that the goal isn't just money making, but to benefit society at large. Organisations can now apply for assistance and receive a below-market rate loan with a maximum two-year window for return.
Open Road is encouraging other foundations and impact investors to develop their own funding mechanisms to better serve the needs of nonprofits and social enterprises working for impact. www.fastcompany.com/40534806/when-nonprofits-have-a-financial-emergency-theres-now-a-fund-to-bail-them-out