When it comes to large projects, cash-flow is often a challenge that many organizations face. As a result, organizations are turning to capital campaigns to generate additional revenue and stabilize cash-flow. However, just because an organization runs a successful capital campaign, doesn't necessarily mean they have the immediate capital required to begin their key projects now. To address this challenge, many nonprofits are looking for ways to convert multi-year donations into immediately available funding for critical projects.
First American’s Nonprofit Division can help monetize future donations by aligning project repayment to contributions as they are received, giving the organizations the ability to realize the immediate benefits of starting key projects today.
Success Story: Houston Baptist University
Aligning incoming donations to financing payments allowed HBU to complete critical campus projects now instead of deferring them.
First American Commercial Bancorp, Inc. is a wholly-owned subsidiary of City National Bank. Deposit products and services are offered by City National Bank Member FDIC. City National Bank is a subsidiary of Royal Bank of Canada. “First American Equipment Finance” is the trade name for certain equipment leasing and finance businesses of First American Commercial Bancorp, Inc. and its subsidiaries. Equipment financing transactions are provided in Canada by FA Equipment Finance, Inc. For California clients: Loans made or arranged pursuant to a California Finance Lenders Law license. All transactions are subject to credit approval. Some restrictions may apply. All trademarks are the property of their respective owners.
© 2021 First American Equipment Finance. All rights reserved.