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This weeks Testimonial Tuesday comes from Jill Zimmerman, the Chief Financial Officer at Villa Montessori School.
I wanted to drop you a quick note to say thank you so much for being able to set a new credit line with Charity Charge that will help our school meet our purchasing needs! For years, we have had credit cards through a large, national bank, that also acts as our school bond trustee. This bank wouldn’t give us a limit higher than $35,000, because we didn’t maintain a depository relationship with them. This made larger purchases during the summer months very difficult, as we had to pay the balance down weekly to free up availability. Our depository relationship is with another bank, and while that bank offered us a higher limit, their cards were continuously hacked online and we were regularly cancelling and replacing cards due to poor fraud controls built into those credit cards.
In no time at all, Charity Charge was able to get us a credit line of $100,000, based on the strength of our financials and our operations. We are very grateful for your help in getting us a credit line and resulting credit cards that will actually meet our operational needs on a regular basis.
Thank you so much! We are looking forward to working with you going forward!
- Jill Zimmerman, Chief Financial Officer at Villa Montessori School
This weeks Testimonial Tuesday comes from Jill Zimmerman, the Chief Financial Officer at Villa Montessori School.
I wanted to drop you a quick note to say thank you so much for being able to set a new credit line with Charity Charge that will help our school meet our purchasing needs! For years, we have had credit cards through a large, national bank, that also acts as our school bond trustee. This bank wouldn’t give us a limit higher than $35,000, because we didn’t maintain a depository relationship with them. This made larger purchases during the summer months very difficult, as we had to pay the balance down weekly to free up availability. Our depository relationship is with another bank, and while that bank offered us a higher limit, their cards were continuously hacked online and we were regularly cancelling and replacing cards due to poor fraud controls built into those credit cards.
In no time at all, Charity Charge was able to get us a credit line of $100,000, based on the strength of our financials and our operations. We are very grateful for your help in getting us a credit line and resulting credit cards that will actually meet our operational needs on a regular basis.
Thank you so much! We are looking forward to working with you going forward!
- Jill Zimmerman, Chief Financial Officer at Villa Montessori School
The Charity Charge Show features candid conversations with nonprofit executives, founders, and social impact leaders about what it actually takes to run a mission-driven organization: funding, operations, leadership, and the lessons nobody puts in the annual report.
The show is hosted by Stephen Garten, founder and CEO of Charity Charge, a Public Benefit Corporation founded in 2015 in Austin, Texas. Charity Charge provides financial tools built exclusively for nonprofits, including a credit card underwritten to the organization's EIN with no personal guarantee and no annual fee.
More than 3,000 nonprofits have used Charity Charge to manage their spending.
Learn more at www.charitycharge.com