What criteria are used in approving a Church Bond issue?
Through many years of experience, and literally hundreds of Church Bond issues, Great Nation has developed what we believe to be conservative requirements for a sound Church Bond issue. We use criteria such as, and certainly not limited to, minimum per-member giving ratios, past history of growth, and a favorable percentage of Church equity to proposed debt. Great Nation also utilizes a proprietary state-ofthe-art computer model unparalleled in the Church Bond industry, in order to calculate and analyze various financial ratios and cash flows to obtain an accurate picture of an individual Churchs financial health prior to underwriting a Church Bond issue.
