Nick Scheibel
Joined the Board of Directors in 2018
I began my career working in philanthropy, joining the Minneapolis Foundation in 2005, eventually serving as a Philanthropic Advisor advising families and institutions on complex charitable gifts. After 10 years in the philanthropic sector, I left in 2016 to start a new career as a financial advisor.
Working as an advisor to high net worth families, I have been able to help people obtain large loans at favorable terms. Rates are low, collateral requirements are generous, and repayment schedules are flexible. When I got acquainted with Exodus Lending, I learned of the predatory and punitive nature of the payday loans being made at the other end of the credit spectrum. I am honored to have to opportunity to volunteer my time to the only organization in Minnesota that is taking on this problem head-on.