Making an Impact: How a loan helped Francis Asbury UMC?
The Development Company (DevCo) is here to assist churches and church families with finding ways to maximize the return on your investments and increase the availability of operating cash flows. What better way to celebrate successful missionary than to expand your ministries and outreach into your communities? During the past three years, we have been able to help over thirty-five churches to increase their cash flow through obtaining a loan with DevCo. This action has been the stimulus in seeking to build the Kingdom of God. Churches have been able to better recognize their potential by examining the resources and financial tools that can be enhanced through DevCo’s access to capital model.
As we are well aware, many churches find themselves struggling to meeting monthly expenses. This struggle often results with churches painfully grappling with whether valued programs and cherished ministries must be cut from their budgets. Such weighty and consequential decisions can be very stressful for both church administrators and church members alike. DevCo stands ready to assist in assessing your financial posture and options for strong solid financial health and for putting more funds into your church’s treasury.
Francis Asbury United Methodist Church, Virginia Beach, is one church that comes to mind, when we speak of how DevCo changed a church’s perspective in regards to reducing debt.
“The Development Corporation has been such a blessing in the life of our congregation. They have been exceptional in their professional yet caring manner while offering sound guidance and extending a loan for our 2-Fold renovation and new building project. Wrapping the existing church debt into our new loan has saved considerable money and has helped to secure the future ministry and mission of our church. Devco was able to provide a loan package that was unmatched and not available in the commercial market place. Thank you DevCo!”
Since its inception in 1959, this church has created a legacy of tremendous rich history.
We hope that the information you have read will make you comfortable in collaborating with us and seeking our assistance. Moreover, as we work closely together, DevCo is a natural partner in meeting your church’s initiative to continue to promote “Stewarding Potential to Build His Kingdom.”