church construction financing Archives - Church Executive


Funding expansion with fluidity, familiarity

By RaeAnn Slaybaugh In its early life, Sagebrush was a church on the move — for eight years, to be exact. “It’s a funny thing; sometimes in the church world, people want you to have a building to legitimize you,” says Administrative Pastor Bob Church. “And yeah, portability is kind of fun, because it’s pioneering. […]

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GARY HAMRICK & CORNERSTONE CHAPEL: make yourself at home

  By RaeAnn Slaybaugh Editor in Chief By 1996, Cornerstone Chapel had met in a Leesburg, Va., school for several years. Growth necessitated that Senior Pastor Gary Hamrick and his team look for a permanent church home — either land on which to build on or an existing facility to renovate and call their own. […]

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RICK LORIMER & CHRIST PLACE CHURCH: Beating the construction budget — and exceeding expectations

  How transparency, ministry experience, integrity — and a lot of patience! — delivered a $7.2-million church construction project under budget By RaeAnn Slaybaugh Church growth of 142% over eight years. Four (soon-to-be five) campuses. A children’s ministry that sees 120% growth. When Lead Pastor Rick Lorimer of Christ Place Church (CP) in Lincoln, Neb., […]

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Construction financing, revisited

A true ministry banker understands that business administrators at religious institutions might only undertake a major commercial construction project once or twice in their careers.

A lender with specialized expertise in financing religious institutions will not expect you to intimately understand or fully anticipate the commercial construction and related borrowing processes. Rather, a lender with a depth of experience banking this segment can provide consultation and guide you through the process.

Nevertheless, the ministry will be best served when adequately prepared about what to expect.

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