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Successful Nonprofits Podcast

May 18, 2017

Nearly every organization has a cash-flow cycle. If you ever wonder how to better manage the cash-crunch, listen to this bonus break over a cup of coffee. In less than 15 minutes, you'll learn: (1:30) The importance of staying calm throughout the process (2:00) The three initiatives in your "cash crunch survival plan" (2:30) Three realistic ways to generate more cash quickly (5:42) How to address the financial difficulties when speaking to donors (6:47) How to get a funder to give you a bridge loan (7:30) Getting a line of credit from a bank - even when you have no collateral (9:40) A warning about using credit that every nonprofit should consider (10:38) How to make the cash you do have last longer