Experts Reveal How to Get Started with Church Financing in 2022
Griffin Church Loans’ mission has always been to help churches, financially grounded and struggling, across the nation to unlock bucket-loads of opportunities. This mission has made it possible for over 1,500 churches to get financing as swiftly as possible. The number one church loan firm endeavors to take the hassle out of getting financing for major church real estate needs including construction, purchase, renovation, and consolidation.
Founded in 1999, Griffin Capital Funding has grown to become one of the largest church financing companies in the country. With their large funding, the company has closed over $1.5 Billion in church loans to over 1,500 churches. Whether big or small, every church has an opportunity of getting financing with Griffin Church Loans as the company offers loans ranging in size from $75k to $35,000,000.
Churches in need of financing can apply using their simple one-page application and the last three years’ Profit and Loss statements and balance sheets. The process is designed to be as quick and as easy as possible; most churches receive an answer in 24 hours and nobody is kept waiting unceremoniously. Churches with partial financial statements or no financial statements can still apply as the Griffin Church Loans and the analysts will work with the church to help them understand what is needed to move forward.
The application and financial statements will be reviewed by an experienced church loan analyst who will then draw up an easy-to-understand loan proposal. This proposal will include the terms of the loan, interest rate, and fees that will be charged for the loan. A loan processor will be introduced once the church agrees to move ahead with proposal. After the Credit Memo is completed by the analyst, the loan is presented for approval to an underwriter who reviews the documentation and asks any pertinent questions.
On approval, the loan processor works closely with the church to complete the due diligence items. After all that is completed, Griffin Church Loans will set a convenient time and location for the loan to be closed. Most of the loans that Griffin Church Loans offers do not have personal guarantees, do not use the personal credit or assets of members or church leaders and so the members of the church do not stand at risk if the loan is unpaid in the future.
Griffin Church Loans stands out from the rest because they offer financial education to churches. The church loan experts help churches to better understand their financial position through free advice.
For more information, visit, https://www.church-loan.com/.
Media Contact
Company Name: Griffin Church Funding
Contact Person: John Berardino
Email: Send Email
Phone: (800) 710-6762
Address:1135 Heatherstone Dr. Suite 102
City: Fredericksburg
State: VA 22407
Country: United States
Website: https://www.church-loan.com/
