Unfortunately, Nonprofit businesses do not qualify for the SBA 504 or 7a loan program.  Fortunately, Arizona Capital Source has other solutions.  Growth Partners Arizona (GPAz), a subsidiary of ACS, provides financing for non-profit businesses (501c3). 

GPAz is a U.S. Treasury-certified CDFI (Community Development Financial Institution) that provides loans and technical assistance to small businesses and nonprofits in Arizona. By offering personalized guidance and support, GPAz equips organizations with the tools needed to thrive and grow, promoting economic stability and social welfare. Through their efforts, GPAz bridges the gap left by mainstream finance institutions and plays a vital role in driving economic growth and social impact in Arizona.

Nonprofit financing plays a crucial role in supporting the mission and operations of nonprofit organizations. These funds are essential for specific projects or programs that help these organizations achieve their goals and fulfill their organization’s mission. Nonprofits often rely on donations from various sources, such as individuals, foundations, corporations, and government agencies, to finance their activities. By leveraging nonprofit financing effectively, these organizations can improve their efficiency and positively impact communities while also improving lives.