Financing

The funding provided by NFF was the primary funding instrument to cement the Arc Health acquisition of Lux Travel Nurse. There is a severe shortage of talented nurses in rural areas, just like there is a shortage of doctors. Given the vital role that nurses play to ensure high quality medical care and Arc Health's ability to deliver these services through its Lux Nursing arm, this financing will continue to support our ongoing mission of providing the best medical care in underserved rural communities.

Dave Shaffer
CEO, Arc Health

At the heart of Anthos|Home’s model is a 'flex pool' of funding — the result of public and private partnerships — that allows us to nimbly overcome most barriers to housing access and stability for homeless New Yorkers, from small repairs and moving costs to missed voucher payments or emergency interventions. This unique financial capacity allows us to speed shelter exits for voucher holders, reduce monetary risk and inconvenience for housing providers, and achieve successful tenancies. Funding from Nonprofit Finance Fund supports Anthos|Home’s flex pool and increases our capacity to transition New Yorkers into permanent housing, while also providing greater organizational strength and stability.

Laura Lazarus
Co-Founder and CEO, Anthos|Home

Our organization, in particular our Employment Social Enterprises, has grown significantly over the past three years. Much of this growth has come via government contracts. While many of our government customers pay on a timely basis, some of them average 60 to 90 days to pay.  And, at the beginning of each agency's fiscal year, we often face contract renewal delays that make the situation even worse.  Since most of our expenses are for the wages and salaries of our client-workers and professional staff, our expenses cannot be delayed, regardless of how long it takes us to be paid for the work. NFF's working line of credit helps us to bridge these delays.

Mark Loranger
President & CEO, Chrysalis

NFF's bridge loan was crucial during a period of delayed funding, allowing us to outfit new health service sites and maintain our commitment to improving health outcomes for the underserved in our community. At capacity, the sites supported through this project will handle 40,000 visits annually. We and the community are deeply grateful for NFF’s invaluable partnership.

Meir Brody
CEO, Premium Health

Churches United for Fair Housing came to NFF for a bridge loan in order to help pay the deposit for the building we selected as our permanent headquarters. NFF took our vision without any hesitation or reservation. They did not act like a lender but acted like a friend. We're unconventional and not the type of organization that would be embraced by typical lending and banking. Our dreams are becoming a reality and that would not have been possible without NFF. This transition from vision to reality, from hope to achievement is happening today because of NFF’s investment in us and its faith in us.

Rob Solano
Co-Founder and Executive Director, Churches United for Fair Housing

Nonprofit Finance Fund was able to provide a critical tranche of financing in a multi-phased project with many other funders. When they stepped in to offer the construction and permanent financing to help complete a historic renovation for office and community space for Impact Services, it solved one of the project challenges, provided for additional commitment that let all funders know that institutions like NFF were behind the project and let us resolve other remaining issues. The support of the campus redevelopment at A & Indiana helped provide housing, commercial space and redevelop a building which stood vacant for 40 years. NFF’s role was indispensable. 

Paul Marcus
Director, Impact Loan Fund, Impact Services

We chose NFF as our financing partner because they truly understand the challenges and needs of operating a community health center. They are driven by mission, and are genuinely interested in the health and well-being of patients living in our community.

Jim Souza
Chief Financial Officer, Charles River Community Health Center

The refinancing support from NFF allowed for us to secure funding from NYC to create our new home. Now the youth we serve can look forward to a large, beautiful space equal to their aspirations.

Khary Lazarre-White
Executive Director, The Brotherhood/Sister Sol

It is such an anomaly to love a lender, but we certainly fell in love with NFF as they created a loan that fit our unique needs! Thank you for being there for us—and the communities who deserve to realize the ‘American Dream,’ but are least able to pay for it.

Barbara McCullough
CEO, Brighter Beginnings