Your church can be approved for a loan to purchase the equipment you need now.

We can finance pews, air-conditioning and heating systems, organs, sound and video equipment, pianos, computers, or just about any type of equipment your church needs.

We offer low rates and up to 60 months to repay.

Our Church Equipment Finance Programs

We offer 3 specific programs so that every church nationwide can qualify to get financing for any equipment their growing church needs.

Below is a list and a brief description of each program and
what a church would need to qualify for that specific program.

Established Church Program

  • Church must be established for 7 years or more if the church is part of a major denomination. 15 years or more if the church is non-denominational.
  • Church must maintain a minimum average bank balance of $7,000. Combined accounts will qualify, example: checking + savings.
  • Church must be listed with directory assistance.

Newer Church Program

  • Church must be established for 2-5 years or more.
  • Church must maintain a minimum average bank balance of $2,500. Combined accounts will qualify, example: checking + savings.
  • Church must be listed with directory assistance.

Start-Up Church Program

  • Any church that has been established less than 2 years.
  • Church must maintain a minimum average bank balance of $2,500. Combined accounts will qualify example: checking + savings.
  • Church must be listed with directory assistance.

Online

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What's Needed for Funding

  • Two (2) most recent tax returns WITH schedule of Debt Service Commitments (or audit), and
  • If the fiscal year end of the return (audit) is more than three (3) months ago, also provide current year-to-date Balance Sheet with Debt Service Commitments and Income Statement
  • For any fiscal year without a return (audit) provide comprehensive financial statements to include a Balance Sheet with Debt Service Commitments and an Income Statement
  • Four Most Recent Bank Statements (for all accounts)
  • Profit and Loss Statement and Balance Sheet For The Prior Year and Current Year-to-Date
  • Proof of Church Ownership - Incorporation Papers, Tax Exempt ID Number

FYI - Do nonprofits file tax returns? ... Even though most tax-exempt nonprofit organizations do not pay federal taxes (that is what “tax-exempt” means), most do have to file an informational return with the IRS.
This annual reporting return is called a Form 990.

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Phone : (954) 522-3773
email : credit@capital-leasing.com