As the president and CEO of Chimp Haven, Cathy Willis Spraetz is grateful to partner with a bank that understands the specific needs of nonprofits. Currently housing 163 chimpanzees with more on the way and using only 60 of its 200 acres of donated land, Chimp Haven is at a turning point. Watch how Cathy’s partnership with Regions Banker Rufus Lemaire has helped the nonprofit move forward by effectively managing donations, land and plans for the future.
Building Success with Regions | How we helped
A line of credit is beneficial to Chimp Haven, especially considering their variable cash flow needs. This line of credit helps cover the gap between funding reimbursements and incoming donations. Chimp Haven is then able to take on small building projects and fund short term working capital requirements when the need arises.