Welcome to the Arts Loan Fund!
For immediate assistance, please contact NCG’s Arts Loan Fund Consultant, Margaret Southerland at margaret(at)padmaconsulting.com.
The Arts Loan Fund (ALF) is a collaborative program of the members of Northern California Grantmakers, a regional association of grantmakers. It provides quick-turnaround, low-cost financial assistance to arts organizations located in Alameda, Contra Costa, Marin, Monterey, Napa, Sacramento, San Francisco, Santa Clara, Santa Cruz, San Mateo, Solano and Sonoma counties, and individual artists located in the cities of Oakland and San Francisco.
The ALF was started in 1981 in response to the unique cash flow needs of arts organizations. While large nonprofit institutions and businesses can use commercial lenders, community arts groups generally cannot draw upon such resources or may pay high interest rates to do so. The ALF works to fill this gap and to provide a useful financial tool for small and mid-sized arts organizations. So far the ALF has provided 1,345 loans totaling $18,679,581, a huge investment in the health of the Bay Area arts community.
|THE ARTS LOAN FUND TO DATE
1,345 loans made since 1981
$18,679,581 loaned to
Bay Area artists and arts organizations
|CURRENT INTEREST RATE*
*ALF interest rate subject to change based on 1% below Prime Lending Rate on day of loan.