A Catalyst for What’s Possible
We change lives and strengthen communities through financing and consulting for nonprofits and businesses.
Formerly the Nonprofit Loan Fund of Tucson and Southern Arizona
What we do
We help nonprofit leaders and for-profit business owners who create change in economically distressed communities gain the operational resources and business guidance they need to improve the lives and economic wellbeing of Arizona residents. Growth Partners Arizona is a Certified Community Development Financial Institution (CDFI).
They are an invaluable partner, providing coaching and sharing financial expertise — as well as capital — to help us through a period of exciting growth. Two loans were for general cash flow support during the organizational turnaround and a third fronted the investment needed to successfully acquire two programs.
Funding came at a critical time, allowing us to partner with Gorman and Company, Inc. and take advantage of a low-income housing tax credit.
We had challenges when we applied for our first loan but they were willing to take the risk and work with us. The staff and board were responsive and made the process easy.
We wanted to work with a lending organization that understands nonprofits and offers favorable interest rates and terms. They helped us bridge the gap between expenses and receipt of revenue from ticket sales, donations, and grants. We also appreciate their good financial advice.
The loan made it possible for us to move forward with confidence on major financial commitments. They provided bridge financing during the pledge phase of a capital campaign.
Securing a loan meant our Tucson Meet Yourself vendors were paid quickly. We are in the business of relationships. I don’t want to tell our vendors, many of which are small businesses, to wait until after the holidays.