Providing Low-Cost Loans to Presbyterian Churches, Mid-councils and Other Entities
Many PC(USA) churches have a great vision to provide ministry, education, and hospitality to their communities, but physical space challenges their ability to live out this vision. We partner with churches nationwide to create environments to support mission and ministry by providing financial project consultation and low-cost loans.
Before you undertake a major capital expansion, we can help you make sure it’s the right fit. Our free Preliminary Look consultation allows us to determine the right size loan or project for your church, saving you time, money and stress.
PC(USA) congregations, individual members, presbyteries, and synods are able to invest in the mission and ministry across the PC(USA).
The investment and loan program has helped the ministry at New Hope Presbyterian Church located in Castle Rock, Colorado, an area of explosive growth.
They’ve been great councilors for our congregation and helped us to understand what is an acceptable loan threshold is for a particular congregation.
Because the interest rates are more competitive, they have allowed us to do more than we could have with a regular kind of a loan and we get to use more money for our ministries.
The refinancing that the investment and loan program gave us was just the right shot in the arm to restore confidence by the congregation, it uplifted everybody.
I think our members are happy to know that the money they’ve put into the program can go to other churches to help them develop from other peoples’ membership investments.
Because of the investments that other congregations made into the PILP program, we were able to draw on that funding when we needed a source of funds for our expansion.
They don’t just look at the numbers they look at the leadership, the history, the track record, and the vision of the church and I think that is the key and different from a bank.
Most of us want to support the work of the church and because our people began to see what they were able to do it built a sense of connectedness with other churches.
People need to understand that, an investment is not a donation. If they’re worried that they’re already donating a part of their income this gives them a way to invest their money.
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