Oklahoma Impact Investing Collaborative
The Oklahoma Impact Investing Collaborative (the “Collaborative”) is a nonprofit intermediary managed by MetaFund that uses philanthropic funding to provide creative financing opportunities to mission-driven nonprofit and for-profit organizations with the potential to improve outcomes for Oklahomans. Collaborative financing can be used to launch or expand evidence-based or promising programs, launch or expand social enterprises, or bridge fundraising needs.
The Collaborative provides loans to organizations in two ways, the first being direct lending with flexible financing through impact loans, and the second through an innovative model called Pay for Success. While terms will vary depending on the unique circumstances of the borrower and program, examples of loan terms are provided below.
Impact Loans
Designed to make funds accessible to the borrower over time as they achieve construction, impact, or operational milestones, Impact Loans can be used to finance real estate construction, asset acquisition (equipment or real estate) or working capital needs.
*DISCLAIMER: Please note the loan terms presented on this website are for informational purposes only and should not be treated as a binding loan offer. We retain the right to revise or modify these terms without prior notification. To inquire about a formal loan offer, please contact our team directly, who will consider your unique financial situation and provide accurate and up-to-date information.
Pay for Success
As a national leader in Pay for Success, the Collaborative is proud to partner with private, governmental, and nonprofit entities to provide an innovative financing opportunity. In a Pay for Success loan, philanthropic capital is provided upfront to implement evidence-based or promising interventions expected to improve outcomes for those served.
If the intervention is successful, a third party — often a government agency — repays the upfront investors. Private funders such as foundations take the risk that the intervention will work, and taxpayer dollars are only spent on successful outcomes.
Pay for Success Loans
Pay for Success Loans are designed to fund promising and innovative opportunities by having private philanthropic investors provide flexible upfront capital to service providers delivering services or programs in the communities that are having positive outcomes. If pre-defined outcomes are achieved, a state agency will repay the investors. These private-public partnerships strive to implement evidence-based or promising intervention expected to improve outcomes and/or result in cost avoidance.
*DISCLAIMER: Please note the loan terms presented on this website are for informational purposes only and should not be treated as a binding loan offer. We retain the right to revise or modify these terms without prior notification. To inquire about a formal loan offer, please contact our team directly, who will consider your unique financial situation and provide accurate and up-to-date information.
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