7 REASONS TO CHOOSE CHURCH CAPITAL
1. Quick Funding
Most of our loans take 2 to 3 weeks to process, unlike 2 to 3 months with other loan sources. Once the equity in the Church’s real estate is established, and the title search on the property is completed, funding follows shortly thereafter.
2. Easy Qualifying
Our loans are based primarily on the equity in the Church’s real estate. If the Church has the equity we require it’s rare we can’t arrange the loan. We don’t require credit reports and we don’t ask for income tax returns or profit and loss statements.
3. Minimal Paperwork
The information we need from the Church mostly involves photocopying existing material. Please note our, “Checklist of Items Required to Process a Loan Request”.
5. Various Repayment Schedules
We don’t offer a “one size fits all” loan program. Instead, we can design a loan that best meets the needs of the Church. Loans can be anywhere from interest only to fully amortized or any repayment schedule in between.
7. Convenient
The Church does not have to travel to meet with us. We will come to the Church to meet with you and sign loan documents.
4. Fixed Interest Rate
In most cases regardless of the term of the loan, the interest rate will be fixed. Therefore, the Church can make plans accordingly knowing the interest rate and monthly payments will not increase.
6. 3 to 25 Years Terms Available
In addition to various repayment plans we also offer a variety of loan terms depending on what best fits the Church. Some Churches prefer a longer term with lower monthly payments while others prefer to pay back the loan sooner and save on the overall interest.