How much funding does Non-Profit Revolving Loan Fund (NPRLF) provide?

Non-Profit Revolving Loan Fund (NPRLF) provides Up to $100,000 in funding.

When is the deadline for Non-Profit Revolving Loan Fund (NPRLF)?

This grant has a rolling deadline or the deadline has not been announced.

Non-Profit Revolving Loan Fund (NPRLF)

HEDCO INC

Foundation Rolling (Quarterly) Grants for Nonprofits Operating Support Grants

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Funding Amount

Up to $100,000

Deadline

Rolling / Open

Grant Type

foundation

Overview

Non-Profit Revolving Loan Fund (NPRLF)

Award Type: Short-term working capital loans

Loan Amount: Up to $100,000

Interest Rate: Fixed 4%

Loan Terms:

Term loans: up to 48 months

Line of Credit: 2-year terms (renewable)

Funding Source: Hartford Foundation for Public Giving

Geographic Scope: Greater Hartford region (specific towns served by the Foundation)

Eligible Service Areas: Andover, Avon, Bloomfield, Bolton, Canton, East Granby, East Hartford, East Windsor, Ellington, Enfield, Farmington, Glastonbury, Granby, Hartford, Hebron, Manchester, Marlborough, Newington, Rocky Hill, Simsbury, Somers, South Windsor, Suffield, Tolland, Vernon, West Hartford, Wethersfield, Windsor, or Windsor Locks

Eligibility Requirements:

Certified 501(c)(3) organization in good standing

Current with both State and Federal tax returns

Minimum 3 years in operation

Demonstrated track record of providing beneficial service to the community

Physically located in eligible towns (see list above)

Applicant is generally ineligible for obtaining credit at reasonable rate in required amount

Contact: HEDCO, Inc., 207 Main Street, 4th Floor, Hartford, CT 06106 | Phone: (860) 527-1301 | Fax: (860) 727-9224