To approve a loan, the bank wants to know the project’s cost. But, to get the cost from a builder, you need a design. And to get a design, you need an architect. And to pay an architect, you need money from the bank!
So, who do you call first? And does it matter which builder, architect or bank you call?
What does true preparation look like leading up to the public-facing phase of a capital campaign? What does a financial roadmap look like? What’s something even churches who’ve done capital campaigns before DON’T know about preparation? How does church size affect the process? Capital campaign expert Paul Gage answers some key questions.
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On July 15, 2014 — at the National Association of Church Business Administration (NACBA) annual conference — Church Executive hosted a live roundtable on two top-of-mind topics for church leaders: lending and finance.
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According to the most recent Church Executive Reader Survey, 93 percent of churches still offer giving by offering envelope and collection basket.
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By RaeAnn Slaybaugh A solid, sustained giving base is crucial for any church. For the church, it implies a steady income stream, usually in the form of weekly, monthly, bimonthly or quarterly gifts. For members, sustained giving is a means by which they can easily and consistently support the churches they call home. Although sustained […]
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In the context of church growth, “big picture” thinking provides the framework for establishing, maintaining and improving church financial health.
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