Pre-Qualifying For A Loan

We can help you determine the amount of money your church can borrow without overburdening your ministry with debt. Providing this type of guidance to churches is our ministry; this is how we help churches grow. We are deeply committed to the religious community through out the Midwest.

If you provide us with the information listed below, we will perform a debt capacity analysis for your church, at no cost or obligation. If you have a specific financing need, we will provide you with a term sheet outlining the terms, conditions and pricing for a proposed loan.

To pre-qualify for a loan, please provide us with:

• • A brief description of the financing request, including purpose and desired loan amount.Church Loan Application.doc
  • Minimum of three years of financial statements (five years is preferable) and a Year-to-Date financial statement for the current year. Include both balance sheets and income statements.
  • Minimum of three years' average adult worship attendance history.
  • Annual contributions from each of the largest 15 donors for the previous year (the names of the donors are not required).
  • For construction or major renovation projects, please include approximate costs. Click here for the Sources and uses.pdf form to use as a guide.

  Minimum standards for qualification under our Church Lending Guidelines include:

  • Church must be established at least 2 years.
  • Minimum loan amount is $500,000.
  • Average adult worship attendance must be at least 100 for the last year.