Revolving Loan Fund
ChurchCare receives funds from church closures and reinvests those funds in new church plants. When new churches start, it is nearly impossible to get local funding until the buildings are constructed and financial history is established. ChurchCare works with Baptist Church Planters’ missionaries in funding building programs.
Fund Goals & Objectives:
- Stimulate church planting within the United States.
- Encourage sound financial policy and establish financial history.
- Provide financing not available from other sources.
- Encourage purchase of land for future church plants.
- Provide flexible loan terms.
Emmanuel Baptist Church in Hamlin , NY received over $200,000 in loans and grants for this new building, completed
in 2007.