As we continue working through the church building process step by step, it’s time to talk funding. You should now have a good sense of how much money will be required to complete the church building process from the budget developed in the last step. Now it’s time to figure out where that money will come from. Preparing a [...]
The McKnight Group discusses the capital stewardship campaign, and how that process integrates with the money churches borrow when they finance a church building or remodeling project.
The McKnight Group outlines the financial aspects (leadership, borrowing, debt service potential) that lenders consider when churches finance a church building or remodeling project.