Loans
The Foundation offers deposit-secured loans to creditworthy churches and agencies
in the Louisiana Annual Conference.
The Foundation has loaned $37 million since its first church loan in 1993. These loans are made to churches and other ministries to address the needs for:
Expansion or improvement of worship facilities
Unexpected repairs
Other strains on a church budget.
Why might a church need a loan?
-
Expand
Develop a financial plan that will incorporate ministry, stewardship and fundraising, while determining a "safe" debt level.
-
Refinance
With a loan from the Foundation, you may be able to lower interest expense which increases funds for ministry.
-
Cash Crunch
Unexpected repairs or equipment upgrades can put a strain on the budget. Short-term loans can help your church focus on its ministry.
A loan success story
Years ago on Palm Sunday evening, a fire broke out at Northwood United Methodist Church in Lafayette, La.
This church was blessed by a Foundation loan that afforded them better facilities and a lower payment.
Your church can be the next success story!
Loan Application
If you’re interested in a church loan, complete the online application below and submit, OR download the loan application pdf, print it, and send it to the Foundation office. If you have any questions, please contact us or call us at (225) 387-8362.