There is a growing trend among churches for serviceable loans from commercial banks.
Pastors are divided over the proprietary or otherwise of the facility. Some say it is okay as long as it is for developmental purposes. Others feel if it is God then he should provide.
I have spoken with bank officials and they agree banks prefer to grant loans to churches. One, they hardly default and too the weekly incomes make up for the servicing. As a matter of fact, many commercial banks have enticing offers for churches to take up loan facilities.
What is your take? Let's roll.