Invoice Funding for Nonprofits
Nonprofits often wait 1-7 months past the promised date to receive money from grants and clients, which impacts financial operations for their programs.
Get the capital you need to make an impact: within days, with a one-time fee (no interest or recurring fees) and no monthly repayment schedule.
How It Works
We understand the unique challenges nonprofits face.
Upload Documents
Including proof of promised funds from a grant or vendor, tax exempt license, and use of funds.
Receive Funds
We send you money or we can pay your constituents directly, after signing our Terms of Service.
Flexible Repayment
Repay only when you get the funds from your grant or vendor (no monthly repayment requirement), plus a one-time processing fee (no interest or recurring fees).
How We Compare
See why nonprofits choose Loop Groop over traditional lenders
| Feature | Loop Groop | Other Companies |
|---|---|---|
| Approval Time | Within 1 week | 2-4 weeks or longer |
| Fee Structure | One-Time Fee | Interest + recurring fees |
| Monthly Payments | None required | Required monthly |
| Repayment Schedule | When you receive funds | Fixed schedule |
| Application Process | Proof of contract, tax-exempt status, and use of funds | Multiple financial documents, endorsement letters, audits, etc. |
Pricing Structure
Our fees are one-time, not recurring interest, designed to be budget friendly!
| Tier | Fee | Repayment Timeline |
|---|---|---|
| Tier 1 | 2% | Repaid within 1-2 months |
| Tier 2 | 5% | Repaid within 3-5 months |
| Tier 3 | 10% | Repaid in 6+ months |
Success Stories
Urban Arts Collective
Dallas, TX arts nonprofit
They received $15,000 from Loop Groop to cover payments to artists-contractors while waiting on a grant from the City of Dallas.
Cunamacue
San Francisco, CA arts nonprofit
They received $2,500 from Loop Groop to cover artist and equipment expenses while waiting on client payments from their local library system.
ArtsCentric
Baltimore, MD arts nonprofit
They received $5,000 from Loop Groop to cover their spring musical production while waiting on a grant from a local arts funder.