Interest-free Loans for Church Building Projects
Who can apply: Churches in membership of an approved Baptist Association in the UK and Ireland (BUGB, BUW, BUS, GBTC, ABCI) with an ultimate trust in favour of a Baptist cause. Applicant churches are expected to have raised at least 30% of project costs and the loan must comprise at least 75% of external borrowing for the project. Not normally used for manses or to repay existing debt.
Deadline: No fixed application deadlines; applications accepted by submission of completed form and required documentation. Process normally takes several months.