Is it okay to ask congregational/church members for a loan?

Mar 06, 2010 in Church Loan Program

Like this post? Subscribe to my RSS feed and get loads more!

4 comments

Mr.AGNOSTIC™ on March 6, 2010 at 7:07 pm

yes..

i’m sure they will give you more than you need
Atheist Religious on March 6, 2010 at 7:07 pm

only if your the pastor, then you as saying they "will be paid back in heaven."
Reason vs. Faith on March 6, 2010 at 7:07 pm

No, donations are strictly reserved for their car payment. The reverend next to my house drives a Porsche

Sorry to talk ill about the guy … he might have given a Porsche to every single poor and dying people … sorry if it’s the case
bindysdogs on March 6, 2010 at 7:07 pm

Actually, the bible tells us not to borrow. Which most citizens do to exist. I don’t remember the passages right now, but it’s thee. I would never ask for a loan. Now if my children were hungry, or freezing due to weather I would ask for donations thru the pastor to see if the church could help. Most churches have contacts thru the city’s services to tell you where to go to food banks and to those who help with electric or other personal needs. They take up church offerings, have yard sales…churches are really good about taking care of people in real need

New Financing Programs

Bond Financing Program
Click Here

Healthcare Facilities Financing
Click Here

Commercial Financing Programs

Here you can find our most current commercial financing programs

> $1 million to $10 million

> Acquisitions, Refis, Construction, Developments, etc.

Click Here

Discounted Pay-Off Loan Financing

Does your lender need to eliminate commercial loans, performing or non-performing, to free up equity or to avoid regulatory issues (and are willing to discount your payoff amount)?

Does the FDIC want your loan off the books, and are willing to accept a reduced payoff amount?

If your lender is interested in a reduced payoff to clear your loan package, we work with a number of sources eager to finance such projects that offer viable exit strategies. These sources participate directly in negotiations with your lender.

100% Construction Joint Venture Equity Financing

Our funding source provides 100% joint venture equity financing and cover 100% of the total project costs including hard and soft costs, land acquisition and project development. They allow the developer to recover most, if not all, of the monies already invested in the project, including monies spent during pre-development.

Click Here

Introducing The New SBA 504 Loan Lowest Rate In 30 Years!

> Low Down Payment (Only 10%!)

> Long Repayment Terms

> Lower Monthly Payments

> Frees Cash Flow To Expand Business

> Many Rate Options (Including Long-Term Fixed)

> Limited Refinancing Of Existing Debt

> First and Second Mortgages

> Guarantee Fees Temporarily Waived

> Fees Set By CDC

> Prescreens At No Charge

We're Funding These SBA 504s Nationwide

Does Your Business Qualify?

*Rates subject to change, not all qualify

Multi-Family Rates Drop!

> 5, 7 & 10 Year Fixed Rates Starting Mid 5% Range

> Loans $750,000 to $5 Million

> Up to 80% LTV

> 25-30 Year Amortization

> Minimum FICO 680

> Capped ARM Starts At 4.25% - Lifetime Cap 7.25%

> Purchase, Refinance, and Cash-Outs Available

We're Funding These Multi-Family Loans Nationwide

Does Your Business Qualify?

*Rates subject to change, not all qualify

Aspen Financial Group