Griffin Capital Funding, has closed over 1,200 church loans for over $1,350,000,000 (Billion) in total church loans. We are one of the largest church financing companies in the country and Inc. Magazine named us one of the fastest growing financial services companies in the country. Furthermore, President Obama awarded us the Presidents Volunteer Service Award for our service to churches.
We offer church loan products for churches that are in all stages of the credit cycle. Generally speaking, the stronger a church, the better their rates and loan terms. For a church that is strong and does not have any recent payment issues or problems, we offer church loans with 5, 7, 10, 15, 20, 25 and 30 year fixed rates and no personal guarantees. And, for those churches that are struggling, facing foreclosure, bankruptcy or issues with their ability to make payments we offer lenient loan products that have interest only payments.
What if your church has a strange financing situation? Griffin Capital Funding can be extremely creative, including providing 100% financing for the purchase of a property when the deal makes sense or closing a loan in two weeks like we did for Pastor Traylor at the Epicenter Church in Jackson, MS. We are often presented with unique church financing requests like stalled construction projects and bankruptcy buyouts; we love a challenge, and we love to prove that we can do what others cannot. By the way, we have no upfront fees and one business day approvals.
Griffin’s motto is simple and clear: “Tell them honestly, charge them fairly, and close them quickly!” Our consultation is completely free, and once we review your information, we will provide you with a no strings attached, financing proposal if we can help. We are members of The National Association of Church Business Administration (NACBA). We offer church loans in most parts of the country but not everywhere, and not all products are offered in all locations that we service.
Many churches come to us in search of a church loan with longer term fixed rates. Most church loans carry a 5-year term, then they need to be either paid in full or refinanced. To complicate matters, lenders do not always want to renew church loans for a variety of reasons. So, church leaders find … Read More