Church Financing

Grant Business Strategies, Inc. specializes in church financing and provides the following services as your financial partner:

Financial Review: The financial review is a written document that analyzes the transactions in a format similar to the way the financial institutions will underwrite the project to enable the client to:

• Assess their financing request before going to the market for financing.
• Accentuate the positives and mitigate the negatives related to the credit request.

Church Objectives: Develop an understanding of the church's long term and short- term goals, objectives and needs.

Detailed analysis of Financial Statements: Conduct an in-depth analysis of financial statements to include:

• Review annual and interim financial statements
• Meaningful interpretation of the financial statements to capture changes in revenues, income and expenses, cash flow, financial ratios, liquidity, leverage, and profitability to identify business risks, opportunities and cost saving potentials
• Analyze variance of budgeted versus actual financial performance
• Comparative analysis of the church's financial performance with the industry benchmark and trends

Recommendations: GBSI has a broad and a deep understanding of how religious organizations operate. We have analyzed the financial characteristics of hundreds of churches to guide you and help you make decisions that are in the best interest of your ministry. Following are few examples of important guidance and information we provide:

• Financial strength and weaknesses, risk mitigants
• Debt or borrowing capacity
• Repayment source analysis
• Ways to minimize financing expenses

Financing Package: Prepare a financing request letter and a package for the banks of choice

Negotiation: GBSI will negotiate a flexible, creative, and optimal financing structure at the least financing cost to include:

• Construction/permanent loan closing
• Interest only during construction and during transition to new church facility
• Review and negotiate proposed credit facilities or commitment letters
• Consult, and negotiate on proposed credit facilities, pricing (LIBOR vs..PRIME), loan structure, covenants, financial guarantee issues, refinancing, loan modifications, prepayment penalties, amortization schedules, commitment fees, interest rate risk management etc.

Other Banking Services: Review depository and treasury management services, and all other non-credit banking services.

WHY GBSI?
GBSI has the experience, knowledge, commitment and dedication to result in long-lasting successful relationships. We know the unique financial characteristics of the religious community.

• GBSI has extensive banking relationship with numerous financial institutions to get the best deal
• The principal has successfully completed & approved church financing deals totaling over $350 million - in current and prior banking executive capacity within the last 5-10 years. See list of clients. (This file is large and will take a little time to open.)