Business Concepts, Inc. specializes in finding financing for new construction projects, building purchases and mortgage refinancing for Christian Churches and ministries.

Business Concepts uses the following parameters to determine whether we can assist you.

• 33% Income Test- Your organization's annual debt service should not exceed one third of its income.  For example: If a church has general funds income of $750,000, the annual mortgage payment should not exceed $250,000.  Building-fund monies can be used in the calculation in some instances.

• 75% loan to value ratio- The percentage of the loan to the value of existing buildings, land, and the project being financed by the loan should not exceed 75%.  Example- Appraised or "book" value is $2,000,000.  That amount, multiplied by 75% suggests a $1,500,00 loan amount.

• The organization must have an operating history of more than three years.

• We have a minimum loan requirement.

• A fixed-price construction contract is required on new building projects.