Each year, CIF works with a variety of churches across the country to help them finance construction projects, new facilities or real estate. Learn how CIF partnered with GracePoint Evangelical Free Church in Pennsylvania with a church loan to build a new facility.
GracePoint Evangelical Free Church
Project Location: Pennsylvania
Project Highlight: Loan to Build New Facility
The Problem:
For GracePoint Evangelical Free Church, worshiping in a warehouse for seven years did not provide the necessary space for discipleship and fellowship they needed for their ministry. The church, which began in 2013, is a church plant from nearby Hershey Evangelical Free Church.
In 2018, GracePoint conducted “a capital campaign with the goal of building a facility that would allow for a broader scope of ministry,” said Bob Sproul, senior pastor of the church.
The Solution:
In January of 2020, the church moved into its new facility, which “includes a 500-seat multi-use worship center, a large lobby, 14 classrooms and a commercial kitchen,” Sproul continued.
The entire process was a success, and the church of 350 people is doing well.
Why CIF?
“We are blessed to have been able to work with CIF,” Sproul concluded. “They were extremely helpful and responsive in leading us through the entirety of our project. If we expand our facility in the future and are in need of a church loan, we will definitely consider partnering together with them!”
If your church need helps with a church loan—or just wants to discuss loan options — Contact us! We’re happy to run the numbers for you.
COVID-19 Update
“Having a new building during COVID-19 has enabled us at GracePoint to be more flexible in ministry than we would have been had we been in our rental facility,” Sproul said. “Whether holding services outdoors or having more space to physically distance, the building has been a blessing for us, despite the disappointment of not being able to use it as fully as we would like!”
To read more stories of churches that have partnered with CIF on a church loan, church refinancing or on other church financing needs, click here!
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