Apply for a Loan

Application Process and Review

We take the time to get to know your organization and the leadership team. The loan application process helps our loan officers understand your mission and programs, credit needs, and overall financial situation. This information helps us provide the best financial advice and craft the right loan for your nonprofit.

The best way to get started is with a phone conversation or meeting with a lending team member. Please contact us to discuss your need and the application process.

Required Information

When you apply for a Minnesota Nonprofits Assistance Fund® loan, you will be asked to submit the following information:

Our lending team will provide assistance and consultation throughout the application and review process. Call us if you have questions.

Once you submit a complete application, the review process generally takes two to four weeks. If the application is approved, additional documentation will be required.

"TCR does such good work in the community. Over 4,000 students have been trained by TCR. On average, their beginning salaries went from $5,000 annually to around $27,000 annually. For the majority of TCR’s students, success is long term."

Phil Hatlie, Senior Loan Officer, Nonprofits Assistance Fund