How Much Does It Cost to Refinance a Church?
Each church has its own expenses, such as building or repairing, that the community has to bear. You might ask yourself how much it costs to refinance a church and get a new mortgage with lower rates. First, think about your income and expenses. Are you making enough money to make ends meet, keep your … Read More
How to Buy a Church Building?
Buying a church building is an exciting, but daunting step in your ministry. Perhaps this is an expansion of your current church, building a satellite location; maybe this is an upgrade from a building you’ve outgrown; and maybe it’s a completely new church that you’re just starting. No matter which way you come to this … Read More
Church Loans Made Easy
Has your church assessed its financial needs recently? The interest rates we are offering churches are some of the lowest in history. Whatever the reason your church is looking for a church loan, we have organized the steps that you need to take to make it happen! 1. Recognize the need: Refinance- Does your church … Read More
Church Finances 101
Are you feeling overwhelmed with your church’s finances? Or perhaps you don’t even know where to begin? That’s only natural given that most churches’ finances are handled by volunteers, pastors, or a member of the congregation who may not have the accounting and financial knowledge to manage them. The only exception is if you’re a … Read More
How to Choose the Right Building for Your Church?
Are you looking for information on how to choose the right building for your church? If you are, you’re at the right place. Finding the right building for your church is a crucial first step in establishing a successful church plant that effectively engages and inspires church-goers and attracts new people from the community. Ideally, … Read More
Pitfalls to Avoid When Considering Church Construction Loans
“Go and tell my servant David, ‘Thus says the Lord: Would you build me a house to dwell in?” So you’ve decided to build a new church structure–maybe a chapel or a gymnasium or a family center or a community building. This is a righteous desire: you’ve seen a need and you want to fill … Read More
7 Benefits to Consider For Refinancing a Church
In a paradisiacal world, we wouldn’t have to think about church finances–we could put all of our efforts into ministering and praising. But until that day comes, we must deal with things of the mortal realm, and one of those is money. As leaders of churches, we are blessed with a humbling gift, which is … Read More
Effects of COVID-19: Review Your Church’s Financial Needs Now
Fall is almost here and what a year it has been so far! The economy and churches will feel the effects of the COVID-19 virus for quite some time to come. The good news right now is that the Federal Reserve is not raising interest rates in an effort to support the economy during its … Read More
COVID-19 Church Financing Best Practices During Pandemic
There are very legitimate reasons for churches to worry about solvency during the COVID-19 pandemic. While there are many larger churches that have strong financial resources, many smaller churches and congregations struggle to make ends meet during the crisis. If you want a harsh blow, Bill Wilson of the Center for Healthy Churches predicts that … Read More
How to Get Your Church Loan Approved Now
In these ever-changing and uncertain times, we are working with churches to help them understand the current financial landscape and how it affects churches. One of the most frequently asked questions relates to the keeping of church financial records and whether year to date numbers are important. The answer is simple: Churches need to be … Read More