Church Financing - Helpful Information from the Church Loan Experts
The world of finance is an ever-changing market. Financial institutions must stay educated about current market information and be willing to make changes to their programs that best reflect the economy while helping their customers.
Griffin Capital Funding, one of the most well-known and respected church financing companies in the country, recently launched a new 20 year fixed loan program with no balloon and totally fixed rates for the entire term of the loan. This distinct program is not available in all markets and is currently only available for loan amounts of $1mm and less. We just closed our first loan under these new terms, and the church received a fixed rate of 4.29%. This program is just like most of our others in that it does not require personal guarantees and it is not a bond, there are no bond fees.
Griffin Capital Funding is currently offering loans to churches ranging in amount from $75,000 to $30,000,000 in most parts of the country. If your church is looking for a loan to purchase, refinance, renovate or construct a building, then please call one of our church loan specialists at (800) 710-6762 to discuss your needs. You can also visit us on the web at www.churchloan.net