Loans, Experience, and
Expert Advice

Get financing for all of your ministry’s credit needs: purchasing property, constructing new buildings or additions, renovating existing buildings, refinancing existing loans, or lines of credit for any purpose. We are a partner that understands the unique needs of Alliance ministries.

divider

Related Article

Ministry Stories

Focused on All of Jesus for All the World

January 13, 2022

President’s Corner

Inflation: A Concern for All of Us

June 24, 2021 |Lawrence L. McCooey

President’s Corner

Thoughts on General Council 2021

June 15, 2021 |Lawrence L. McCooey

Project Insights

How to Prepare for a Church Building Project: Part 5 of 5

February 12, 2020 |David Graf

Project Insights

How to Prepare for a Church Building Project: Part 4 of 5

December 13, 2019 |David Graf

Project Insights

How to Prepare for a Church Building Project: Part 3 of 5

November 21, 2019 |David Graf

Project Insights

How to Prepare for a Church Building Project: Part 2 of 5

October 30, 2019 |David Graf

Project Insights

Is Your Church Building an Asset or a Liability?

May 14, 2019 |David Graf

Ministry Stories

For Christ and for the Community

April 1, 2019 |Orchard Alliance

Ministry Stories

Dreaming Big for God’s Glory

January 9, 2019 |Orchard Alliance

Ministry Stories

Bringing Light – Both Literal and Spiritual

December 27, 2018 |Orchard Alliance

Related Article

Ministry Stories

Focused on All of Jesus for All the World

January 13, 2022

President’s Corner

Inflation: A Concern for All of Us

June 24, 2021 |Lawrence L. McCooey

President’s Corner

Thoughts on General Council 2021

June 15, 2021 |Lawrence L. McCooey

Project Insights

How to Prepare for a Church Building Project: Part 5 of 5

February 12, 2020 |David Graf

Project Insights

How to Prepare for a Church Building Project: Part 4 of 5

December 13, 2019 |David Graf

Project Insights

How to Prepare for a Church Building Project: Part 3 of 5

November 21, 2019 |David Graf

Project Insights

How to Prepare for a Church Building Project: Part 2 of 5

October 30, 2019 |David Graf

Project Insights

Is Your Church Building an Asset or a Liability?

May 14, 2019 |David Graf

Ministry Stories

For Christ and for the Community

April 1, 2019 |Orchard Alliance

Ministry Stories

Dreaming Big for God’s Glory

January 9, 2019 |Orchard Alliance

Ministry Stories

Bringing Light – Both Literal and Spiritual

December 27, 2018 |Orchard Alliance

District Line of Credit

Each geographic and ethnic district of The Alliance can obtain an unsecured line of credit (LOC) up to $200,000. These LOCs carry a term of five years and interest rates will be subject to monthly adjustment.

LOCs are renewable through the normal application and approval process, and an LOC balance does not have to be paid off prior to renewal. Regular monthly payments are to be interest-only. Payments may be applied to principal balances following the same payment application rules as for standard Orchard Alliance loans.

Funds drawn on an LOC are to be used for the same real property purposes for which standard loans must be used. To request an LOC disbursement, the district must provide:

  • A formal request on district letterhead, signed by an authorized signer on file with Orchard Alliance
  • A detailed description of how the funds are to be used
  • An explanation of how the funds are to be sent and to whom, including wiring/ACH instructions, if necessary

We will send funds directly to district churches, if requested; however, we will not take responsibility for accounting for the borrowing of individual churches. If an LOC is used for multiple, simultaneous purposes, it is the responsibility of the district to account for principal and interest balances for each beneficiary. Beneficiaries of LOC funds other than the district may make payments directly to us; however, we will not keep record of which party makes a particular payment – this record keeping is the sole responsibility of the district. Likewise, we will not bill beneficiaries, nor will we consider beneficiaries liable for the borrowed funds.

Larger LOCs may be granted to districts, as long as the LOC is secured by district-owned property. The LOC must adhere to the 80 percent loan-to-value guidelines in addition to the LOC guidelines described above. Our board of directors must approve all secured LOC requests.

For more information, complete the form below or call 833.672.4255.

Questions about Loans?

We’d love to hear from you.