When God’s blessing necessitates “enlarging the place of your tent,” CFS has flexible financing for new construction, renovation, and facility expansion. Our construction loans, with interest-only payments during a construction period, ease pressure on cash flow. Followed by the assurance of a guaranteed, no-cost conversion to permanent financing at competitive rates and terms after the construction period. Our all-in-one loan packages simplify financing, enabling churches to more fully focus on building the vision.

The Problem

Many churches find construction projects to be complicated, often frustrating endeavors. Construction may expose a church to risks related to the design and construction process – a complex undertaking subject to fallible people, fragile material, uncertain environments and unpredictable weather. Other risks are unique to the project itself – the design, the builder and the budget. Often, the unfortunate result is cost overruns that may delay progress or, worse yet, jeopardize project completion or permanent financing.

Common causes of construction cost overruns include:

• Underestimation of hard (construction) costs.
• Failure to adequately provide for necessary soft costs such as architectural services, permits, fees and taxes.
• Failure to budget adequate funds for necessary equipment, furnishings and fixtures.
• Over-reliance on donated labor and/or materials.
• Poor management of change orders.
• Unforeseen or unplanned zoning or regulatory requirements.

The Solution

To assist churches in better managing construction projects and costs, we've Partners in Construction. This innovative program provides churches with professional consultation in the planning, design, construction and funding of new or remodeled church facilities.

Specific services include:

• Assist churches in better estimating and managing the costs associated with construction projects through application of value engineering concepts.
• Oversee construction fund disbursement and management (including lien control).
• Provide ongoing project monitoring including periodic site inspection meetings.
• Supervise management of cost overruns and change orders for projects that exceed budgeted amounts.
• Offer general consultation regarding the use of materials, construction techniques, architect selection, builder selection, bidding procedures, construction management options, etc.
• Make referrals to qualified strategic planning and architectural consulting firms, as requested.

The goal of Partners in Construction is to help churches “count the cost” as Jesus instructed in Luke 14:28. These innovative tools will enable churches to effectively build God’s kingdom while remaining good stewards of His financial resources.

Your Partners in Church Construction…

With PiC, you have the ability to pick up the phone and talk to an experienced professional construction consultant –whenever you need us. Our innovative program provides Churches with professional consultation and support in the planning, design, budgeting and construction processes –all at no additional cost to the Church! No added fees, just added value.

PiC will provide services that other conventional lenders don’t even think about;

• Square Footage cost analysis. Real square footage costs for your project.
• Ongoing project monitoring, including periodic site visits.
• Help supervise and manage cost overruns and change orders.
• Oversee construction fund disbursement
• Budget management. Counting the Cost to completion every month.
• Value-Engineering. Money savings hidden in plans and drawings.
• Referrals to qualified architectural and construction firms.

At Commercial Finance Solutions, we share your commitment to the Kingdom and to the continued success of your ministry. These services and many more, are just another example of the resources that CFS brings to the table.

“We’ll not only help you plan your construction project, we’ll be your Partners in Construction.”