Title: What’s Unique About a Commercial Loan for a Non-Profit Organization? - Arthur State Bank
Headings: What’s Unique About a Commercial Loan for a Non-Profit Organization?
What’s Unique About a Commercial Loan for a Non-Profit Organization?
Obtaining a Loan
Achieving Buy-In
Paying off the Loan
Your Experienced Partner

Content: A good loan officer who specializes in non-profit commercial banking can help organizations develop ideas for getting their members involved in the loan process. Paying off the Loan
The terms of non-profit loans vary depending on the loan’s amount and purpose. Real estate loans, for instance, typically have a 15- to 20-year term. Regardless of the term, however, many non-profits find it helpful to pay off the loan as quickly as possible – ideally within two to five years. While interest and enthusiasm for a new initiative are usually strong, excitement can wane over time. Paying off the loan sooner rather than later displays fiscal responsibility and keeps pledge campaigns from dragging on for years. Your Experienced Partner
Arthur State Bank is a community bank in South Carolina that has been serving its customers since 1933. Our loan officers can help you and your organization: Quickly determine how to best fund a project or initiative. Navigate the loan process.