What is the maximum amount that can be loaned through the Loan Fund?
The maximum amount we lend, assuming the church qualifies, is $400,000.00. Some key items to determine how much money a church can borrow includes their total raised the total cost of their project or purchase, and how much money they have in savings. Manual of the Church of the Nazarene states, “No institution may incur any debts on the strength of pledges.
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