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Money Minute Monday with North State Bank: Lending for religious organizations

Monday, February 22, 2021
Money Minute Monday with North State Bank: Considerations for religious organization borrowing
North State Bank answers common questions for religious organizations that may be seeking a loan.

In this video segment Sharon Moe, Downtown Raleigh Market President, North State Bank, answers common questions for religious organizations that may be seeking a loan:



- When lending to religious organizations, such as churches, how does the bank determine how much can be borrowed?



- Should a religious organization consider running a capital campaign to address their need?


- What can religious organizations do if they do not qualify for the size loan needed to build the facility they want?