Over three decades in church financing
God's Work - Hudson Taylor
The commercial letter of credit is the primary payment mechanism for a transaction, whereas The standby letter of credit is a secondary payment mechanism.
It is all available to you. Just give us a call.
We honor the journey with Faith-based organizations in the conquest of providing religious community centers financing to spread Godâ€™s word and provide financial services to all denominations.
Faith financing organizations are the cornerstone of Business and Religion.
Financing done the right way will honor God and respect your congregation.
Traditional loans for churches do not always fit the financial circumstance of your ministry.
While the operating budget may be balanced each month, with no sizable balance in you building fund or low average balance in your operating account,
it will be difficult to contribute the size of a cash down payment demanded by the conventional finance market place to complete a purchase.
More often than not, visible progress in the growth of your ministry first bears spiritual fruit that leads to increased giving of the memberâ€™s time, and talents in support of the churchâ€™s vision and mission.
Faith based financing often include supporting revenue from day cares and schools. Even revenue generated by a lease from ownership of a previously purchased sanctuary. We salute diversification in revenue sourcing to accomplish the needs of your ministry.
The growth of a ministry spurs excitement and confidence in the membership.
We cannot fix everything but given God's blessing and the opportunity, we can change many things for the better.
-- Want to buy a church building? Available financing up to 100% of church purchase not exceeding 75% (in some cases, much higher) of current valuation on long term church mortgages. No personal recourse with competitive interest rates.
-- Financing and loan workout available for churches with credit issues such as Bankruptcy which is interim financing to correct a problem and provide the financial pathway to long term financing.
-- Church equipment including sound, video and vehicle financing
-- Outreach project financing: Nursing homes; Assisted Living and Dementia care. Financing customized to fit project need subject to guidelines of program requirement
Providing exceptional service, All Commercial Finance empowers ministries financially to focus on what they are meant to do in life, to follow their calling.
Through our lending partner services where as a team, we will take time to understand your needs, define your goals and dreams and endeavor to design a practical plan to pursue your financial goals.
We have what you are looking for!