trustee

by S. Cook
(Newburgh NY)

Can a church obtain a loan based on a Pastor s signature solely: do you need to seek the attorney general's approval for a 25o,ooo loan? Is their a procedure for a loan of any amount without the congregation's consent.

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trustee - can a church obtain loans
by: Dr. Thomas

To answer your question: "Can a church obtain a loan" -- the answer is "of course". However, the requirements of lenders vary according to criteria they have for borrowers. Here are some links to get you started. Good luck.

http://www.mif.elca.org/loanoptions

http://churchleaders.com/pastors/pastor-how-to/158604-bryan_miles_how_churches_really_get_loans.html


https://www.youtube.com/watch?v=pixB2FdbL5Q


https://www.mycccu.com/ministryloans

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