In nearly 37 years of supporting small businesses, The Loan Fund has seen it all. Unexpected repairs. Market or industry shifts. Employee theft. Cash flow crunches that come out of nowhere. These challenges can be part of running a business—and they can impact profitability and, sometimes, loan repayment. That’s why The Loan Fund encourages business owners to contact their lender for help when negative changes impact their business.

Nonprofit lenders like The Loan Fund offer guidance and consulting during the life of their loans — and often after a loan has been paid off. They have resources and connections that can help borrowers through the unexpected. They can talk through options, potentially restructure a loan, review the business’s financial reports together with management, and help identify solutions.

The most important step is simply letting lenders know what’s going on so they can help before problems grow into crisis situations.

The goal of nonprofit lenders such as The Loan Fund is not just loan repayment. It’s enabling the success of the business to ensure the well-being of all stakeholders. That means staff, management, customers, and the communities in which they operate.

Strong small businesses create jobs, support families, and make room for the things that bring joy and stability to lives. The Loan Fund and other nonprofit lenders are honored to be partners on that journey. And it’s their mandate.

Learn more about The Loan Fund, a nonprofit Community Development Financial Institution (CDFI). And reach out to them on their website. Find other nonprofit lenders here.