Ever curious about what happens to all of the financial statements that you submit when applying for a loan? Or how church lenders view the financial health of your church when you’re looking to borrow? […]
Despite uncertainties in the financing market, your church may be in a place where you are considering financing for renovations or new building projects. We’ll discuss what many churches overlook about lending readiness and review […]
You are thinking of a loan for your new building or you might be looking to refinance a current loan. How much debt can your church prudently carry? You haven’t looked at the covenant for your […]
The moment has come where your organization is facing significant Capital Expenditures (CapX), this might be a roof or HVAC replacement. But, you have not established an appropriate capital reserve fund. Your roof won’t survive […]
The Paycheck Protection Program Flexibility Act (the “Flex Act”), which became law on June 5, 2020, replaces the 8-week period (referred to in the law as the “Covered Period”) for spending Paycheck Protection Program loan […]
As CapinCrouse previously reported, U.S. Treasury Secretary Steven Mnuchin has announced that the Small Business Administration (SBA) will perform a “full audit” of the loan applications of all recipients of Paycheck Protection Program (PPP) loans […]
Cass Commercial Bank has prepared preliminary information on the Paycheck Protection Program (PPP) administered through the SBA 7(a) program. Things may change some as the program works itself out on website and lenders. Thanks to […]
Join Fletch and leaders from Thrivent for an insider’s look into church loans. Both Chris Lewis and Teresa Loker have extensive experience that can pull back the curtain on these issues. When your church is […]
Getting a church loan is an area that most church leaders find murky and complicated. Chris Lewis from Thrivent has expertise from his years of helping churches with their borrowing capacity. The video ranges from determining […]
Tuesday, May 14, 2019
Hey Fletch … Our finances have trended downward and we borrowed $20,000 from the unused balances of restricted funds. This caused some controversy on the church board. What is your counsel?
DRF—I have […]
Hey Fletch … Two years ago we launched a building campaign for our church, but we fell short of our goals. Now the board has […]
Wednesday, April 18, 2018
Hey Fletch … I have been a fan of your work and website for several years. I have a question and would love your insight. As a board member, let me say […]
It isn’t very often that you get to save $17,000 per month for your church. I was able to do just that by refinancing my church’s debt while maintaining a strong local relationship with a […]
When it comes to managing facilities expansion in most dynamic churches, many people think first of building a brand new facility. But in today’s changing world, there are good reasons a church should seriously explore […]
David Fletcher asked Paul Sewell to lead a presentation on Financing Your Building at a conference. At the bottom of this page is a copy of the PowerPoint presentation, complete with graphics. The presentation includes […]
The attendance is climbing and the membership is growing. Each Sunday you notice there are fewer empty seats. With three services already in place, you wonder how many more people you can accommodate without having […]
God called you to plant a new church, and you’ve followed His calling. For the last year (or two years or five years), you’ve been renting adequate facilities to meet your congregation’s needs. You have […]
One of the most significant events in the life of your church is preparing for a building project. A new building can mean an opportunity to start new ministries and grow those that exist. It means touching more […]
Borrowing money has become a way of life for many. And credit use raises more than a few questions: what does the Bible say about money? Does church financing have a place in building the […]
