We're here to serve Christian ministry.
We understand the challenges of churches and work alongside you to overcome them. In addition to offering a flexible range of loan products we can assess your loan application using ministry focused lending criteria.
Loans are available to churches and Christian organisations to purchase, renovate and construct property including manses and places of worship and to develop ministries including schools, aged care and community services.
An Information Pack is available to assist you in your property purchase, construction project or other venture and associated borrowing.
All interest calculations on variable interest loans are based on 365 days.
Secured
Instalment Loan
This provides repayment of the loan over the nominated term.
- Monthly Principal & Interest Repayments
- Loan Offset Savings Accounts available
- Maximum loan term 20 years
Overdraft Loan
Assists with short term cash flow management.
- Bridging, GST and cash flow finance
- Limited term available
Interest Only Loan
Useful for bridging purposes where property is being purchased and sold or other short term purposes.
- Monthly Interest Payments
- Loan Offset Savings Accounts available
- Limited term available up to a maximum of 3 years.
Construction Loan
These loans are spcifically designed for building and construction projects.
- Drawdown funds over the period of the project
- No interest payments during the construction period
- Loan Offset Savings Accounts available
Unsecured
Unsecured Loans
These loans are available to Baptist churches and accredited/ordained Baptist pastors only.
- Maximum Loan amount $35,000 for a brand new vehicle, otherwise $25,000
- Maximum Repayment Term 5 years
- Loan must be for a ministry/work related purpose only
- Churches are eligible for 2 loans of up to $35,000 each to provide vehicles for pastor and associate, or a loan up to a maximum of $75,000 including provision of vehicles for pastor and associate and for needs such as renovation and repairs.
Contact us for a free information pack to assist you in your property purchase, construction project or other venture and associated borrowing.
We're here to
Get in touch with your local Relationship Manager by filling out the form below.
wolfgangz@bfs.org.au
jeremyp@bfs.org.au
shelleyb@bfs.org.au
glent@bfs.org.au