Church Renovations and Construction on the Rise
We are continuing to see heavy interest in renovation and construction loans throughout 2016.When a church reaches 80% of its seating capacity, it is generally believed that more seats are needed or that additional service times need
Read MoreGriffin Capital Funding Helps Churches Facing Obstacles
This month our closing story focuses on two small churches that were facing hard financing scenarios. We were able to help both churches with financing to accomplish their goals. A small church in a small town in NC had been banking
Read MoreGriffin Capital Funding closed several mid- construction loans
This month Griffin Capital Funding closed several mid- construction loans. Typically, it is difficult enough to get a bank to offer a church loan and when a church finds itself with a partially completed construction project and not enough
Read MoreChurch financing for the church building
We have had numerous churches come to us recently seeking church financing for the purchase of buildings that they intend to re-purpose. They are sometimes vacant stand-alone office spaces, warehouses, or retail stores. Other times
Read MoreChurch Loans - Perspectives on Borrowing
By Almon M. Bartholomew
At the time of property purchase, new church construction, or building reconstruction, the question arises, "Is it proper for the church to borrow money?" Some feel the church should never be in debt. In most instances, however, this is unavoidable.
Read MoreDenied!
Why Churches Fail to Get the Financing They Need
It happens much too often. Church members are excited about their new building. The artist's rendering hangs on the wall for all to see. The architect's plans are complete. The construction contract is signed. Church leaders apply for a construction loan
Read MoreEarthly Empires
How evangelical churches are borrowing from the business playbook
There's no shortage of churches in Houston, deep in the heart of the Bible Belt. So it's surprising that the largest one in the city -- and in the entire country -- is tucked away in a depressed corner most Houstonians would never dream of visiting. Yet 30,000
Read MoreHow Are We Going To Pay For That?
By Doug Turner
As a former pastor and a consultant for a company that has conducted literally thousands of capital campaigns for churches, I am often asked tough questions. Those questions range from, "How do I pay for our new worship facility?" to "Are loans or bonds
Read MorePastoral turnover is nothing new.
Pastoral turnover is nothing new. In fact, some experts estimate the average length of a pastor's tenure in America is 2.5 years. The reasons are many, but it's not surprising that as many as 20 percent of the pastors who lead their churches through church
Read MoreRaising Maximum Dollars
Expert Tips to Maximize Your Capital Campaign: Part 1
by William C. Leathem and Ken Batts
Church stewardship committees have several excitements and concerns about capital stewardship. The most pressing is the anxiety of securing adequate funds.Evaluating the church's statistical data can assist the campaign consultant and church
Read MoreReal Estate & Mortgage Glossary
The lending industry has terms and phrases, which although common to it, are frequently unfamiliar to church leaders. In order to assist our churches, we have developed the following list of common terms and their respective meanings. If you need further
Read MoreRefinancing to Grow
Is It Still a Good Option for Churches?
by Therese DeGroot
With long-term interest rates still relatively low and attendance, membership and programs increasing, many churches are considering refinancing existing debt, and possibly borrowing more to
Read MoreSolid Arguments for Considering a Capital Campaign
Any church leader with a mortgage (or who's about to incur one) should consider the benefits of a capital fundraising program.A well-planned and well-executed campaign accomplishes many objectives
Read MoreUnderstanding Church Loans
By Stephen Bush
Church financing is possibly the most difficult commercial mortgage to arrange. Since churches represent an integral part of most communities, it is clearly desirable to improve church loan options if at all possible. In almost all cases financing will require
Read MoreWhen Not To Build©
by Ray Bowman with Eddy Hall
When a suburban Philadelphia congregation asked me (Ray) to design a thousand-seat sanctuary, that's exactly what I intended to do. They had called for the usual reasons: their sanctuary was full and they were running out of educational
Read MoreInforma, one of the world's leading knowledge providers, has acquired US exhibitions and information Group, Virgo. The deal, which is subject to receipt of US anti-trust clearance, will provide Informa with a platform to expand its exhibition
Read MoreInforma, one of the world's leading knowledge providers, has acquired US exhibitions and information Group, Virgo. The deal, which is subject to receipt of US anti-trust clearance, will provide Informa with a platform to expand its exhibition activities in the region
Read MoreInforma, one of the world's leading knowledge providers, has acquired US exhibitions and information Group, Virgo. The deal, which is subject to receipt of US anti-trust clearance, will provide Informa with a platform to expand its exhibition activities in the region
Read MoreCredit Market Crunch - Impacts on the Ministry Lending Environment
By: David Dennison
In recent weeks, economists have begun to speculate that the, so called, "Credit Crunch" that has been wreaking havoc throughout the US economy has begun to correct itself after much intervention by the Federal Reserve Bank. Although the
Read Morechurch loans for new homes or renovations
There are many reasons that churches seek financing and in January we ran a poll on our Facebook page to find out what churches thought they would need this year. Our results were a tie indicating that most churches will be seeking church loans
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