Why use a broker specialist?

Borrowing money from a lender is a very complex process that involves several layers of analysis. The lender will put your organization under the microscope to assess if you are a good risk. This process can become stressful for you, the borrower.

Once you apply to a lender, you have only one shot to get approved and if your request is denied then you must start again with another lender.

Working with a Broker who specializes in nonprofit lending can ease that stress and help your organization successfully navigate through the process. At Church Loans, we understand what lenders are looking for when considering an organization for a loan. We use our knowledge and expertise to help ready you for the process by:

• Pre-underwriting the loan to catch common mistakes and errors
• Reviewing your financial statements, organizational documents and records

When your organization is ready to start the process, we will:

• Match your organization with lenders who regularly fund loans with other organizations similar to yours
• Submit your file to multiple lenders at once for preliminary quotes, saving valuable time
• Provide you with program options and translating complex loan terms, putting the power back in your hands, allowing you to decide what works best for you

At Church Loans, our business is helping you get the financing you need to grow your organization. However, we believe that a loan is only a temporary tool and should be paid off as quickly as possible. That is why we will work with you to draft a plan to eliminate the debt, so your organization can operate in a burden-free capacity and put the money back where it belongs in the ministry.