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Are you tough enough to get a loan?

from Worship Facilities

It’s definitely harder these days for a church to get a loan than it was back in the prefinancial meltdown/Great Recession/easier money days of 3-5 years ago. But it’s far from impossible, as long as you can effectively present a convincing—and true—picture of a financially healthy church, and are ready to adapt your project and your expectations to some new realities in the world of church loans. There are many ways in which the church lending world has changed, according to Mark Brooks, founding partner and president of the Charis Group, an Atlanta-based consultant to Christian ministries raising funds for capital projects. For one thing, there are no standard, across-the-board rules for church lending anymore. more


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7701 Las Colinas Blvd., Ste. 800, Irving, TX 75063