Holy Borrowers (eBook)

"e;Too many pastors and church leaders have lost countless hours of sleep - and even lost their church buildings - based on what they didn't know before they obtained financing."e; Lisa Miller Autry makes this telling statement at the outset of her groundbreaking book, Holy Borrowers: Equipping Church Leaders for Building Finance. Through economic downturns and recoveries, church leaders have continued to struggle with decisions surrounding building finance - evidenced by undue stress, loan defaults, and even church foreclosures.Holy Borrowers is a much-needed road map for all church leaders and others who desire to become better equipped in financing a congregation's largest tangible asset: Their church building. Written from the unique vantage point of a senior banking executive and pastor's wife, Holy Borrowers delivers a wealth of resources not previously taught in seminaries, and which never should be learned "e;on-the-job."e; Addressing such critical topics as the role of faith, the "e;Five C's of Credit,"e; unique lending requirements for churches, and best practices if a church loan "e;goes south,"e; Holy Borrowers demystifies the bank's lending process. Moreover, the author provides church leaders the necessary tools to evaluate their church's financial position for themselves, before ever approaching a bank! Holy Borrowers is an invaluable resource for all those who lead their churches in the 21st century with no prior training in building finance.