|
|
| Need LCEF forms, literature, or general information? |
|
|
|
|
|
Loans
Providing Low Cost Loans
LCEF provides low-cost loans to build space and place to help fulfill God’s mission.
Whether your needing commercial loan assistance to build, remodel or purchase equipment for your church or if you’re a rostered church worker needing personal loan assistance, LCEF can provide many types of loan products
|
Growing your congregation by building, remodeling, purchasing equipment or refinance...
|
|
Purchase, refinance or receive a home equity loan for your primary, single family residence or consolidate debt...
|
|
|
Providing Loan Funds and Demographic Services in Fargo
LCEF was blessed to serve the new ministry of Crosspointe Lutheran Church in Fargo, North Dakota. LCEF provided loan funds for the development of Crosspointe, along with providing demographic studies of the area, and creating direct mail listings for invitations and additional communication to the community. The congregation is led by Rev. Michael Giddings. |
|
New Building will be a 'Restart' for St. Paul Lutheran Church
Members of St. Paul Lutheran Church are preparing to break ground this summer for an 8,000-square-foot building in Mechanicsville, Va. For nearly three years, the congregation has worshiped at a local funeral home after selling its former church building. “We’re sort of restarting,” said Pastor Rodney Bitely. “We were down to about 50 in worship and, after thinking and praying, we came to the decision to move.”
To help make its vision a reality, St. Paul partnered with Capital Funding Services as well as LCEF’s loan department for a bridge loan to purchase the property. After a year of fundraising, the congregation already has received more than half of its goal. |
|
LCEF Loan Hits High Note with Good Shepherd, Chiefland, FL
“When our church organ would malfunction and just stop in the middle of hymns,” remembers Pastor Graham Glover of Good Shepherd Lutheran Church, “We knew we needed to purchase a new one.”
The congregation, located in Chiefland, Florida, about 45 miles west of Gainesville, knew its 20-year-old Baldwin was on its last leg. In 2004, members decided that their organist Martha—and their own ears—needed to seek a harmonious resolution. |
|
St. Paul Lutheran Church, Memphis, MO
St. Paul Lutheran Church in Memphis, Missouri, has a unique history. Located northeast of Kirksville, the congregation has worshipped in a number of facilities since its founding in 1963. For most of those years, the members of the church have worshipped in a house that was refurbished to accommodate worship services. The congregation also has used an adjacent building for other meetings and fellowship. |
|
LCEF Loan Allows for Construction of New Family Life Center
St. Paul Lutheran in Ankeny, Iowa received LCEF loan funds for construction of a new Family Life Center and parking lot expansion. Both the congregation and the preschool ministry will make great use of this new space. The new center now holds an additional worship service on Saturday evenings. In addition, groups from the community are welcomed in the new space allowing for the opportunity to share the Gospel with all who enter. |
|
|
|
Rostered Church Worker Home Equity Loan Program
A home equity loan is a financial product that allows a borrower to use the equity in his/her home as collateral for a loan.
Homeowners often use the money from home equity loans to pay off higher-interest debt, purchase an automobile, make large-scale home improvements, pay tuition, or for other major purchases.
LCEF's Home Equity Loan Program is the newest loan option for LCMS rostered church workers. Our program is designed to lend personal financial assistance to LCMS ordained and commissioned ministers, allowing them to effectively focus on their calling--witnessing and teaching the Gospel of Jesus Christ to others.
LCEF is actively pursuing each state for authorization to make home equity loans to our Rostered Church Workers. Click here to see if LCEF has been authorized to make home equity loans in your state. |
|
Lines of Credit for Organizations
Use Lines of Credit to fund non-budgeted expenses and for anticipated cash flow deficiencies in your operating budget on a recurring basis. LCEF's Lines of Credit offer loan dollars and ministry-focused services to help your church as it seeks to fulfill God’s mission. LCEF is your lending partner! |
|
Christ’s Kids Preschool, Shakopee—Your LCEF Investments at Work
LCEF investors have helped fund a new preschool ministry in Shakopee (a southwest suburb of the Twin Cities) via a jump start loan to help with expenses over the first three years.
“Christ’s Kids Preschool plans to reach out to our community with the Good News of Jesus Christ,” said Pastor John Grohs of Christ Lutheran. “The Disciples of Christ Lutheran have been looking for ways to reach the community and are excited to move forward. Our community is growing and many new families are moving into the area. This is a way we can reach out and meet some community needs. Our main mission is pointed outside of our congregation to unchurched families, in addition to serving the children already in our church. Juanita Krueger will be installed as Director/Teacher sometime after the first of the year, as we continue to ready our facility for this preschool.” |
|
|
