Meet the Moment Fund - Loan Application

SeaChange Capital Partners

The Meet the Moment Fund (“MTM”) was launched by SeaChange Capital Partners and its funders to provide rapid, flexible financing to human services nonprofits in New York City. The fund provides loans of up to $500,000 for terms of up to two years to support the emergency working capital needs of organizations experiencing funding disruptions and payment delays.


We will endeavor to get back to you as soon as possible. For planning purposes, please allow up to two weeks from the submission of your application to receive a follow-up from the SeaChange team.


Please note that all loans require the approval of SeaChange’s Credit Committee.

 

For any questions or further information, please contact MTMFund@seachangecap.org or visit our website here.

For any technical issues or special accommodations needed to complete the application, please contact avolpicello@seachangecap.org.


Please note for completing the application
:
  • All attachments uploaded cannot collectively exceed 35MB. If your attachments in this application collectively exceed this limit, please email additional files to MTMFund@seachangecap.org with your organization name in the subject line.
  • If you plan to finish the application in a separate session, please ensure you select "Save my progress and resume later" at the top of the page - leaving the application open unsaved for 10+ minutes will time-out your session and likely lose your progress.
  • After you press 'Submit', you will be asked to review your completed inquiry. We will not receive a notification for your submission until you click 'Confirm'. While we can view drafts as they are populated, we will not be notified of your inquiry until you have confirmed your finalized submission.
Contact Information
Use format ###-###-####
Nature of Inquiry



Eligibility Criteria




Organization Information

Organization & Contacts
Contact Information

Executive Director

Financial Information






Please do not include a dollar sign ('$') or comma (',')
Cash Runway

How to calculate cash runway (for reference):
  • Cash runway = unrestricted cash and short-term investments ÷ average monthly operating expenses
  • Average monthly expenses = annual operating expenses ÷ 12

Documentation

Please upload each of the requested documents below. 

We require all of these documents to consider a loan.


Reminder
All attachments uploaded cannot collectively exceed 35MB. If your attachments in this application collectively exceed this limit, please email additional files to MTMFund@seachangecap.org with your organization name in the subject line.
File Upload











Loan Information


As a reminder, the Fund only considers loans up to $500,000.
Please do not include a dollar sign ('$') or comma (',')
Use of Proceeds



(Example: If you are requesting a $100,000 loan and your monthly payroll is $50,000, the loan will support payroll for two months.)



File Upload

(Example: delayed New York City or New York State contract; foundation grant letter)












Pathway to Transformation



(Example: programmatic joint venture; sharing back office/administration capacity with another organization)

Thank you for your time & interest.




Reminder: All attachments uploaded cannot collectively exceed 35MB. If your attachments in this application collectively exceed this limit, please email additional files to MTMFund@seachangecap.org with your organization name in the subject line.


We will endeavor to get back to you as soon as possible. Please allow up to two weeks for follow-up correspondence on your submission.

 

Please note that all loans require the approval of SeaChange’s Credit Committee.

 

If you do not hear back from us in two weeks or your situation is particularly urgent, please feel free to reach out to us at MTMFund@seachangecap.org.