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 how to secure the funding you need, when you need it. We’ll also touch on the interest rate outlook for the next year or so.
Debt, Financing, and Lending Readiness
About the Author: Rob Faulk
Rob Faulk served as Partner and Church and Denomination Services Director at CapinCrouse LLP, a national CPA and consulting firm exclusively serving churches and other nonprofit entities. Rob has more than 40 years of financial leadership experience in serving both for-profit and nonprofit entities, as well as more than eight years of direct ministry experience as Executive Pastor and CFO of large churches. He serves some of the largest churches in the United States as well as colleges, universities and seminaries, rescue missions, and other nonprofits. Rob holds an MA in Ministry Management from Azusa Pacific University Graduate School of Theology and is a frequent conference speaker and author of articles on nonprofit financial matters.