Bridge Loans for Impact
In a Cash Crunch?
Open Road is committed to supporting you on your journey to impact.
Our loans eliminate funding delays and accelerate growth for impact-first companies.
Whether it’s closing a Series A round or supply chain delays, we provide fast, flexible, and affordable financing in the form of short-term bridge loans that ensure impact companies can continue to scale their growth without interruption.
An Open Road Loan Keeps Impact on Track
- Delays in investment closing
- Short-term working capital needs
- Lack of access to capital in specific markets
- Backlog of high-quality purchase orders or contracts
- Continue to service customer or beneficiary base
- Keep on-time payment of staff salaries
- Avoid inventory stockouts
- Maintain momentum for entering new markets
- Ensure steady resources
- Enable partnership opportunities requiring upfront investments
Our Criteria
The organization is impact first, meaning their products or services explicitly solve a social need at scale, and the company explicitly tracks this outcome.
The organization is experiencing a short-term financing need due to an externally caused delayed capital event.
Our short-term bridge loan can fully solve the funding gap, enabling the company to continue to scale.
The organization can fully repay the loan.
Application Process
We accept applications on a rolling basis and follow a proven screening process designed for speed. Our full process, from inquiry to decision, typically takes four to six weeks.
Need Funding?
We’ll help you through it.
Our investment strategy is designed to keep impact first. We seek to maximize social returns while meeting financial requirements. We exist to serve the social sector, not the other way around. If you think that you are eligible for an Open Road loan, please submit an initial inquiry.
Case Studies
Loans: Frequently Asked Questions
Open Road serves both nonprofits and for-profit impact companies with a focus on climate change and inequality reduction, globally. Our funds eliminate impact and climate funding delays through fast, flexible, short-term bridge financing—enabling impact ventures, fund intermediaries, and project developers to overcome systemic bottlenecks that threaten to derail their work or delay time to impact.
Terms:
- Average loan size: $500,000, max $1M
- Interest rates: 10-12%
- Average term: 3-12 months
Loan interest rates range from 10-12%, depending on the relative risk of repayment. The average loan term is 9 months. By charging interest, Open Road is able to preserve the value of its capital in the face of inflation, as well as cover expected losses. Open Road Ventures is not designed to generate profits, and Open Road Impact Fund distributes below-market returns to investors.
Open Road Alliance and Open Road Ventures are solely and privately funded by its Founder, Dr. Laurie Michaels. The Open Road Impact Fund is funded by a variety of investors.