Church Finance Archives - Page 6 of 6 - Church Executive
How to be a good lending prospect now
By Dan Mikes Contrary to popular belief, it isn’t all about “the numbers” for lenders. Leadership and process are equally important when contemplating the relationship opportunity. Whether your religious institution is contemplating an on-site physical expansion, the acquisition of a satellite facility, or seeking a beneficial refinance of existing debt, knowing how to prepare and […]
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How debt-elimination capital campaigns create margin for ministry
By Joseph Sangl and Chad Aukland Churches today are facing substantial challenges as a result of debt. Prior to the economic downturn, it was easy to obtain financing for major projects. With the economic downturn and resulting lending restrictions, these churches are experiencing budget crunches and refinancing challenges. This, combined with individual giving declines, has […]
Read More >Keep it in the fairway
Some fundamental “mechanics” can help a religious organization determine if it’s prepared to borrow.
Read More >How to keep from running a deficit in your church
So, how’s your church budget doing this year? It’s March now, which means it’s also a good time to look at church finances.
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