Semble Foundation will help significantly lower the cost of loans, freeing up millions for mission, and strengthening community partnerships, said Chet Reid.
(PRWEB) February 19, 2015
Semble and Eagle Ledge Foundation, moving forward together, are perfectly positioned and equipped to transform the way financing needs are addressed for nonprofits across America by significantly lowering the cost of loans, freeing up millions for mission, and strengthening community partnerships.
Semble and Eagle Ledge Foundation are joining forces through the formation of Semble Foundation to bring a comprehensive suite of lending solutions, led by Semble Foundation’s proprietary online lending platform, and bolstered by bank partnerships which will provide low-cost financing solutions to nonprofits that would otherwise not have access to such capital.
Both Semble and Eagle Ledge Foundation principals have independently helped the nonprofit community more effectively address financing needs, combining to place over $1 billion in financing to nonprofits. By bringing together the deep knowledge base, industry savvy, and track record of both parties, the new strategic alliance offers a comprehensive solution to better equip nonprofits throughout the United States with the resources to drive greater mission.
This comprehensive solution is led by Semble Foundation’s proprietary online Peer-to-Community (P2C) Lending Platform that facilitates stronger community partnerships by allowing nonprofit supporters the opportunity to align their investment capital with the loan needs of the nonprofit. In addition, Semble Foundation will be able to supplement this “crowd-funding” approach with bank capital to ensure funding success. By reducing payments as much as 60% or more, nonprofits can begin directing more funds toward mission in the community while strengthening their network of supporters.
Semble Foundation’s vision is to profoundly impact every community in America. By partnering to offer a comprehensive solution to significantly lower the cost of loans to local nonprofits, Semble Foundation is transforming the nonprofit financing landscape and allowing nonprofits to re-direct millions in resources toward mission in the community.
“Eagle Ledge Foundation is thrilled by the opportunity to collaborate with Semble to bring 21st Century technology and a wealth of experience to help nonprofits and ministries more effectively manage resources. As a nonprofit too, we understand the struggles you face and the need to steward available funds to drive mission. Those that care about your organization can now be socially-minded investors, realize a financial return, and know that they have helped to reduce payments for their nonprofit by 40-60%.”
“The leadership teams of both Eagle Ledge Foundation and Semble share a deep and unwavering commitment to helping nonprofits ‘do more, serve more, and impact more’ with the resources they have available at their disposal,” said Semble CEO and Founder, Todd Tarbert. “In addition, one of the reasons we could not be more pleased to announce our joint effort is that the leadership at Eagle Ledge Foundation brings a level of experience, energy and passion that is second to none,” Tarbert added.
For more information about this release or Semble Foundation, call Chet Reid 559.930.0878 or Todd Tarbert 425.214.5944.