Search for Small Business Loan Sources and receive your matched lender listSearch for Small Business Loan Sources

A Church loan can provide the financing necessary to take care of a church’s large capital needs. This can include building a new church, repairing and/or expending the existing one and paying back any debts the church may owe. While the term is commonly assumed to apply to Christian churches, it can also apply to houses of worship that belong to other faiths.

Private Commercial Loans

While private lenders can provide church loans, getting a loan can be complicated. Churches are non-profit institutions with no permanent, stable funding source. Each church has it’s own unique needs. This makes many commercial lenders reluctant to give loans to churches.

A church can increase its chances of getting a loan that fits it’s need by putting together a package that consists of the following documents:

  • List of  names, professions and addresses of church board members
  • Resume of the senior pastor – should include his age and salary
  • Church bylaws and proof of its non-profit status
  • Membership statistics – includes the average number of people that visit the church on weekly bases and on Sundays and how much they usually contribute
  • The Church’s financial records and description of assets
  • Letter of resolution – it should include the total amount of money needed, a detailed breakdown of what the loan will be used for and how much meney the church already has. It should be signed by at least one member of the church board.

Denomination-Based Church Loans

Most denominations provide loans to their members either directly or through affiliated organizations. Some denominations go further, providing special programs for minority-run member churches and churches in economically disadvantaged areas. Denomination based lenders are more likely to give their members low rates than private lenders.

Some important items to know to finance your are:


  1. How much money do you really need?
  2. Do you know your exact FICO scores?
  3. How do you plan to repay the loan?
  4. Who is going to borrow the money? You personally or another legal entity?
  5. What assets can you pledge to secure your loan?

Make sure you know you are pre-qualified before you apply. Our free business capital search engine will allow you to see the funding programs and lenders that are available to you and then you choose those you wish to apply for.

Search for Small Business Loan Sources and receive your matched lender listSearch for Small Business Loan Sources