Should you get a loan to help fund your vision?
The process of getting a loan involves asking and answering a lot of questions. The right answers to the right questions can bring clarity and confidence when you approach a lender about financing or refinancing. Here’s what you should be asking. [read more]
Are you ready to refinance?
Games make sense and are easier to play when you know the rules. The same is true when it comes to refinancing your ministry’s mortgage. And the economic challenges of the past decade have prompted significant changes in lending requirements. If you’re looking to refinance, here are the rules of the game today. [read more]
Could your organization get a loan today?
When professional sports teams consider acquiring new players, one major consideration is a prospect’s health. The same is true for lenders reviewing loan applications. They’re looking for healthy borrowers, those that can handle the prospective debt. [read more]
With interest rates still lingering around historically low levels, we often have conversations with church leaders who wonder whether this would be a good time to refinance their mortgages. You may have the same question. As you try to answer it, here are a few things to keep in mind. [read more]
Now Is a Good Time to Talk with Your Banker
When managing ministry money, every season has its focus. So when is it a good time to talk with your banker? [read more]
Business Credit Cards: An Unflashy Way to Be Better Stewards
Not long after I first joined a church staff, the senior pastor said something that stuck. Here it is: Ministry is 90 percent mucking out the stalls. In ministry, much of what you do isn’t flashy. Especially when you’re managing money and facilities. A business credit card is in this unflashy category. [read more]