"This is the third time we have used Share Financial Services to guide us through a church bond program. I feel like this method of financing is an excellent practice in stewardship for churches. It allows church members and friends to receive more than a monetary benefit for their investment dollars. Thank you for providing this service to congregations across the United States."
Ms. Judy Howen
Coker United Methodist Church
San Antonio, Texas
Financing Services
Choices matter. Your organization matters. It is as unique as the people it serves. Needs change and circumstances vary, but the importance for financing options never diminishes. We are experts. When it comes to funding your organization’s dreams, we’ll be with you every step of the way. Remember, you’re working with professionals and industry leaders. So take a look at your financial planning options. Then let’s roll up our sleeves and choose the best plan for implementing those dreams.
Bond Issues
- Secured by real estate for long-term, fixed interest rates – with graduated or level principal – and interest payments over periods of up to 25 years.
- Low cost, popular Local Placement Issues are designed to sell all bonds on a best efforts basis – primarily to church members, their families and church friends.
- Local Placement Issues with Brokerage provides the option to offer a portion of the church’s bonds, through a broker on a best efforts basis, to outside investors after member sales are completed.
- Firm Underwriting Issues afford bond financing with no required membership involvement. The underwriter sells bonds to outside investors.
- Fully Brokered Bond Programs are designed for both non-profits and churches. Share Financial, on a best efforts basis, sells all of the bonds in the issue through its retail brokerage division to its established customer base.
Term Loans
- Funded by denominational or institutional lenders and strategic partner banks.
- Offer terms of varying lengths and are secured by real estate.
- Monthly principal and interest payments based on amortization periods of up to 25 years with fixed or floating interest rates.
Loan/Bond Combinations
- Provides benefits of Local Placement Bond Issue.
- Fully amortized, fixed interest rate financing for up to 25 years.
- Up to 50% of the desired financing funded through a conventional loan.
Construction Loans & Lines of Credit
- Offer funding for new facilities or existing facility improvement with loan advances scheduled according to the construction project.
- Mature with the anticipated completion of construction.
- Secured by real estate.
- Available with fixed or floating interest rates.
All above financing options are based on a church meeting established underwriting criteria that include, but are not limited to, the following:
- Total debt does not exceed 4 times undesignated contributions.
- Total annual principal and interest amortization does not exceed 33% of undesignated contributions.
- Debt is less than 75% of the collateral value.
- Church existence is a minimum of 3 years.
- Church leadership is proven and stable.