Frequently Asked Questions
Who are you guys?
We are a permanent, non-profit church loan fund that has been serving churches for over sixty-five years. BCLC Church Lending accepts loan applications from Baptist churches, which cooperate with their local Baptist association or their state Baptist convention, and from BCLC Supported Churches as defined in our Vision, Mission, & Core Beliefs.
What is your primary purpose?
To help churches make good financial decisions in regards to borrowed funds. Our loan products give our customers the opportunity to have efficient and affordable church real estate loan options.
What types of loans do you make?
We make loans for numerous purposes such as land and church building purchases; remodeling and renovation projects; construction of a church sanctuary, educational building, children’s building or family life center; and refinancing of existing debt. See Loan Types.
What states do you currently serve?
Texas, Georgia, Alabama, South Carolina, North Carolina, Florida, Virginia, Arkansas, Kentucky, Tennessee, Oklahoma, Arizona, Mississippi, & Louisiana.
How much can our church borrow?
There is a borrowing capacity calculator that can give you an estimate, but the only way to get a true borrowing capacity amount for your church is to complete and send a church loan application to our office.
Do you take collateral on church loans?
Yes. We take first lien on all church land and improvements.
How does our church start the process?
The Pastor or Church Business Administrator simply completes the application and emails it to BCLC Church Lending. See Apply Now.
How much does it cost to send an application?
Nothing. Processing your loan request is free.
How long does it take to get a response?
When we receive your church’s completed loan application, we will contact your church either by email or phone within two to three days.
What are your current rates?
Our lending rates are as low as 3.75%. See Current Rates and Terms.
Do you make personal loans to pastors and staff?
No. We only make loans to incorporated churches for real-estate purposes.