Self-Supporting Congregations
Loans smaller than $250,000 can be approved in 72 hours or less after receipt of:
• Letter requesting the loan and specifying anticipated repayment plans
• Financial statements for past four years
• Copies of parochial reports for past four years (may be omitted if reports were filed with International Center - LCMS)
• Financial statements for current year-to-date
• Budget for current year
A complete loan application is required for larger construction projects and other loans larger than $250,000. These loan requests are approved by the Board for Church Extension.
Loans for Missions
The Texas Board of Mission Administration and Church Extension Fund of our District identifies areas ripe for harvest and opens new mission stations, Church Extension is there to make available the funds needed to provide land and facilities where the Gospel can be preached and taught.
Other Loans
Texas CEF makes loans to congregations for a variety of other purposes, including:
• Refinance Existing Debt
• Buses, Vans, etc.
• Office Equipment & Computers
• Lines of Credit
• Facility Renovation & Repairs
For more information, contact us. Or download an application now.
