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S T A R T . S T R E N G T H E N . S E N D .
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Webinar presenters
Barb Ehlers Relationship Specialist
Barb.ehlers@converge.org
Kirk Tate
- Assoc. Director of Church
Lending
kirk.tate@converge.org
Converge Cornerstone Fund The Impact of COVID-19 and Ministry - - PowerPoint PPT Presentation
Converge Cornerstone Fund The Impact of COVID-19 and Ministry - - PowerPoint PPT Presentation
Converge Cornerstone Fund The Impact of COVID-19 and Ministry Lending S T A R T . S T R E N G T H E N . S E N D . Webinar presenters Kirk Tate Assoc. Director of Church Lending kirk.tate@converge.org Barb Ehlers Relationship Specialist
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Distinctives of a Cornerstone Fund Partnership
- As a member of the Converge Family, we are committed to being
a partner with you in ministry.
- With 65+ years of experience, we have experience in working
with churches through difficult times.
- We are committed to the mission of starting and strengthening
churches worldwide. In both 2018 and 2019, the Converge Cornerstone Fund gave back $1.8MM each year to help start and strengthen churches globally.
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Partnering through the crisis
- Is the Cornerstone Fund still lending during this time?
- How have Cornerstone Fund’s rates been impacted as a result of
the COVID-19 crisis?
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Cares Act and the PPP
- Does The Payroll Protection Plan Loan (PPP) Impact Existing or
Future Loans With CSF?
- Does the PPP loan impact collateral?
- Will the church receiving the PPP loan impact their ability to get a
future loan with Converge Cornerstone Fund?
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Lending amidst COVID-19
- How Does The COVID-19 Crisis Impact Churches Exploring Current Or Future Loans?
- How is the Cornerstone Fund going to address a decrease in giving and/or attendance
during the period of the COVID-19 crisis?
- What if the church is still not able to gather at full capacity at the time of the loan
application?
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Ways we can partner with your church
- Investment options
- Building purchase
- Construction/ Renovation
- Land purchase
- Refinancing
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Never too Early
- If your church is looking to:
- Determine what a reasonable debit limit may be
- Want help strategizing for future ministry expansion
- Need help knowing how much your church may need to raise
- Free Financial Analysis
- 3-years Profit and Loss Statements
- Year to Date Profit and Loss Statement
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Question and Response
- Opening the group for questions.
- If you have a very specific question or would like to schedule a free
financial analysis, please email loans@converge.org.
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Thank you
Barb Ehlers Relationship Specialist
Barb.ehlers@converge.org
Kirk Tate
- Assoc. Director of Church
Lending
kirk.tate@converge.org