Griffin Church Loans | Blog Posts Category: Church Financing

Category: Church Financing

Church Financing Tips for 2021

2020 was tough, and we hope that all of you are ready to take on 2021! While we still face a lot of uncertainty, we hope that the renewed spirit that comes with the new year will help you get ready. Here are financial tips for 2021 and how can Griffin Capital can help your … Read More

How are Churches Financed?

Church financing comes from a variety of sources, including donations, facility fees, trusts, grants, and loans. How Do Churches Get Their Money? Across almost all denominations, most churches get their funding through congregational donations through offerings, pledges, donations and dues. For most mainstream congregations, the second biggest source of income is trust funds, investments and … Read More

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

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

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

Private Money Loans and Griffin Capital

The economy has been stabilizing this year, and interest rates have even dropped over the past few months. While that makes it a prime time for churches to seek financing, there are many churches out there that simply won’t qualify for traditional financing. Griffin Capital does not want these churches to fall through the cracks. … Read More

Church Refinance/ Church Mortgage

We are 6 months into 2019 and there have been no rate changes by the Federal Reserve.  In anticipation of their July meeting and rumors of a rate reduction, we are seeing a very slight drop in interest rates. Whether or not an interest rate cut comes to fruition, now is a good time to … Read More