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When Should Your Church Borrow Money? with Nathan Elson

30 Views· 08/03/22
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Click here for the full show notes and transcript: https://get.tithe.ly/blog/nathan-elson/

Most churches will eventually find themselves facing the question of whether to take on debt.

Should you borrow money to grow your church?

How can you decide if that's right for your church?

Yes, we understand that the question of whether to take on debt is a big one.

When it comes to a church's mission or projects, debt is not necessarily harmful. It has the potential to assist the church in its progress. However, it is crucial to understand that the Bible does not advise every church to go out and take out a slew of debts to fund their mission.

“Growth could be numbers. It could be an impact. It can be different things."
-Nathan Elson

On this podcast, we're bringing Nathan Elson, an expert from this perspective, to help us unpack this concept. He will walk us through the steps so that when all is said and done, you can make an informed decision about whether or not taking on debt makes sense for your congregation!

By the end of this episode, you will learn:
✅ The financial considerations involved in borrowing money
✅ The indications of a financially stable church
✅ How to know if your church is ready for a loan
✅ A financing ministry that provides payment options to churches
✅ How Christian investment has aided the growth of the church
✅ And so much more…

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Tithely provides the tools you need to engage with your church online, stay connected, increase generosity, and simplify the lives of your staff.

With tools like text and email messaging, custom church apps and websites, church management software, digital giving, and so much more… it’s no wonder over 37,000 churches in 50 countries trust Tithely to help run their church. 

Learn more at https://tithely.com

#modernchurchleader #tithely

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