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Construction

Our Lenders analyze over $2.5 billion a year just in church loans and close on average over $100,000,000 a year in church loans.

A construction project can be very intimidating for a church; there are expenses related to everything from architecture, site development, project management, and of course construction.

So where should a church start?

Most churches make the mistake of hiring an architect to design a building and then a contractor to determine the cost to build. Then they approach our company or another financing company to see if they can qualify for a loan to build what has been designed. More than 30% of all construction plans created for churches go unused. The church simply can not afford to build what has been designed.

You should always start out by contacting the financing first. We offer free consultation; we will analyze your financials and tell you how much the church should be able to borrow. You can then take this free advice and go to the architect and tell them what the maximum costs need to be. This has the added benefit of allowing the architect to plan for future phases of the project right from the beginning. By way of example, your church may want space for a school or day care you plan to start in the future. Well if you go to the architect before the financing company the architect will just build these things into the plans from day one but if you give the architect a budget they will be able to tell you whether or not the new school and day care are within your budget. If not, they can plan for future phases of the building.

If you or someone you know is thinking about a construction project for a church I would like to send you a free book that will help you learn what steps need to be taken to make sure your project is a success. Just call or email me and I will get it out to you right away. And just like our financing consultation, it is free and without obligation.

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Over $2 Billion Dollars Placed and Funded

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THE OPERATOR OF THIS WEBSITE IS NOT A LENDER, does not broker residential mortgage loans to lenders and does not make/fund any product offerings, loans or credit decisions. This website does not constitute an offer or solicitation to lend. This site will securely submit the information you provide (note: we do not collect or store any personal or sensitiveinformation;

 

please review our privacy statement for further details) to a lender. Providing your information on this Website does not guarantee that you will be approved for a product offering. For details, questions or concerns regarding your application, please contact your lender directly. Any cash advances applied for are meant to provide you with short term financing to solve immediate cash needs and should not be considered a long term solution. Lenders will at their desretion perform credit checks with the three credit reporting bureaus: Experian, Equifax, or Trans Union. © Copyright Discount Business Associates, Inc., 2009. All Rights Reserved.