What it means for you
Grow your ministry with a partner you can trust
This scheme is a special facility designed for well-established churches, supporting the completion of church projects or the acquisition of instruments and other assets. It also includes weekly Cash Pick-Up services deposited directly into their account.
CalBank Church scheme
Get the right financial solution to help your ministry grow sustainably.
- Opportunity to ease working capital in running the operations of the church.
- Guaranteed flexible terms of repayment.
- Readily available credit within timely periods.
- Prompt and special attention from a dedicated account relationship manager.
- Clients shall be updated on monthly loan repayment via CalBank Alert.
- The church must operate an account with CalBank.
The church must be registered, have a constitution and mandated to borrow.
- An introductory letter is required from the church or mother church (If applicable) authorizing it to borrow.
- The church building or any other acceptable building can be used as a security.
- Other relevant CalBank credit requirement may be needed.
- Monthly purchase of CIP depending on the amount granted.
