Practical Ministry Skills Church Loan FAQ Jennifer Schuchmann Answers to your church loan questions. See "Capital Fundraising" Training Pack

Store Code: PS04-I Format(s): Microsoft Word  Type: How-To Article

Topics:	Budget, Capital campaign, Debt, Finances, Fundraising, Giving, Loans, Planning, Purchasing
Filters:	Business administrator, Church board, Elder, Outreach, Pastor
References:	Proverbs 18:15
Date Added:	August 01, 2007
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When should our church borrow money?
Churches should borrow money when they need to prudently finance some type of expansion of their ministry. "As a general rule, churches should borrow primarily for capital projects," says Rob Dunn, vice president and senior credit products manager at First Union National Bank in Atlanta, Georgia.

When should our ...

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