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The Promise Church |
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of Fishers, Indiana
“Our five-year lease was very expensive so we started searching for financing for a possible new church building,” said John Hollinger, treasurer of The Promise Church. “No banks or other conventional lending sources would talk to us, because we did not have a three year track record. Thanks to the United Methodist Development Fund and the Indiana United Methodist Loan Fund, we received the needed funding. The UM Loan Fund was able to fill our remaining needs.” Indiana UM Loan Fund is now serving all of Indiana. The Promise Church is the first church in South Indiana Conference to receive a loan from the Loan Fund. “Our new church building project could not have been completed without the Indiana UM Loan Fund's help,” said Hollinger. “The Indiana UM Loan Fund is allowing us to make draws as needed over the next two years. Allowing The Promise Church to save approximately $25,000 in interest. The Loan Fund interest rate is very competitive, so even if we could have borrowed on the open market, the cost would have been as much, or more.” According to Hollinger,
attendance of more than 1,000 in less than 10 “We have been called to specialize in inviting previously un-churched and de-churched persons. This is the first significant church experience for three out of four adults attending The Promise Church. We encourage them to have a personal relationship with Jesus Christ,” says Pastor Rusty Allanson.
The Promise Church’s name was inspired by 2 Timothy 1:1. “God himself chose me to be an apostle, and he gave me the promised life that Jesus Christ makes possible.” For more details on the Indiana UM Loan Fund and how it can assist your church, visit our webpage at: iumlf.org or call 866.669.2327. On the Web: www.ThePromiseChurch.org |
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