Many of you know that when we purchased our new building we received a loan from National Covenant Properties (NCP) an organizaton affiliated with the Evangelical Covenant Denomination. They lend money to churches at competitive or lower interest rates, and the interest we pay is loaned out again to help build other churches. A win-win situation so to speak.
So why are we talking about it? We were recently notified by NCP that our interest rate (along with several other churches) was cut by 0.5% reducing our payment by almost $90 a month. Good news for us! Here is a link to the article with more information on the Covenant’s website.
Did you know that you can support our church and earn money at the same time?!? NCP is funded by private investors, and a great way to invest your 401K or retirement fund. To learn more about investing in NCP click here.