So, as a serious donor and investor, you want to make positive social impact, but you don't know where to start. On the other side of things, impactful nonprofits need big money NOW for a building project or another large initiative. They have trouble getting capital. How is this problem solved?
Solution: a company called LENDonate, led by Vivienne Hsu, is a powerhouse of talent, being female-founded and 100% minority-led with deep expertise in financial services.
While there is over $850 Billion in debt outstanding in the nonprofit sector, many creditworthy nonprofit organizations still lack access to affordable debt financing. Having developed a sophisticated system for assigning credit scores to their non-profit clients, LENDonate is the first lending marketplace to solve this problem, offering nonprofits access to reasonably priced loans while unlocking a vast market potential.
Further, what sets LENDonate apart is its innovative approach to impact investing. The platform enables philanthropically minded investors to participate in high-quality, low-volatility, high-yielding private loans, empowering them to amplify their impact without sacrificing financial returns.
One of the great benefits of the LENDonate platform for impact-minded investors (a.k.a. "lenders) is that, upon repayment of their loans, the investor/lender can then recycle that capital back into the non-profit ecosystem, creating further positive impact. Another nice feature is that investor/lenders can convert their loans into a donation at any time, should they choose to do so.
Since its inception in 2018, LENDonate has facilitated over $85 million in loans, maintaining an impressively low default rate of just 1.5%.
Watch the two-minute video here regarding how the platform works: https://www.youtube.com/watch?v=QatWXwJvmGk&feature=youtu.be, check out their website here Nonprofit Loans For Your Business | Financing Nonprofit Loans - LENDonate, and read about the incredible Vivienne Hsu below:
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