lending

During the last 18 months I have had multiple opportunities to speak at seminars and conferences in different parts of the county. In most instances, there have been in the audience architects, builders, general contractors and other professionals who serve churches and faith-based ministries through the construction industry .

During Q & A sessions and one-on-one conversations, the prevailing discussion centers around church financing. The common reason for stalled building projects among churches relates to the client's inability to secure financing for their project. 

In 2005 - 2007, a church considering an expansion initiative would have likely had multiple lenders in line, all interested in funding the project. Much like the residential mortgage environment at that time, the church lending waters were easy to navigate and the borrowing options were plentiful. Today, that is definitely not the case.  Read more »