History of the Organization

Since 1955, the Free Methodist Investment and Loan Fund and its predecessor, the Church Extension Loan Fund, have provided a meaningful investment opportunity to members and friends of the Free Methodist Church.  In addition to earning interest, investors in the fund experience the satisfaction of seeing their money used to build churches and ministries. 

As investments are received, the fund assists new and developing ministries of the Free Methodist Church.  To date, hundreds of Free Methodist churches throughout the United States have benefited from the investments of Kingdom conscious individuals and institutions.

 

Our Primary Purpose

The primary purpose of the Free Methodist Investment and Loan Fund is to assist new and developing ministries of the Free Methodist Church in the acquisition, construction and expansion of physical facilities by providing user friendly loan services. Loan recipients do not pay points or fees for loan services. 

The terms of our loans are 10, 15, 20 and 25 years.  The rate will be adjusted at 5 year intervals from the date of approval. The internal loan committee at The Free Methodist Foundation reviews loan applications.  The board members of The Free Methodist Foundation also review all loan applications of more than $250,000.  All loan decisions are based upon an analysis of historical guidelines, relevant circumstances and the availability of funds.  No loan request is guaranteed approval.

All loans are compliant with requirements defined by the Free Methodist Book of Discipline and the offering circular.  Loans are secured by first mortgages and conferences co-sign all loans to churches.  Site visits are normally required for loans exceeding $250,000.  The Foundation's general counsel assures that the fund is compliant with all securities regulations and manages the loan closing process.

Accountability

The Free Methodist Investment & Loan Fund is supported by the strength of The Free Methodist Foundation and is a member of the Evangelical Council for Financial Accountability:

The Free Methodist Foundation (FMF)

Evangelical Council for Financial Accountability (ECFA)

Testimonials

"The greatest benefit of working with The Free Methodist Investment & Loan Fund is simply 'people who get it' as it relates to the work of the Kingdom of God.  Working with The Free Methodist Investment & Loan Fund has created the friendliest terms possible, offered a very good loan rate, and improved cash flow so that more of our resources go directly to our God-given mission." 
-Ed McDowell, Director, Warm Beach Christian Camp

"The main benefit of working with The Free Methodist Investment & Loan Fund is that we are family."  As a result of the assistance received from the Free Methodist Investment & Loan Fund, the church now has four congregations on Sunday.  Lives are being impacted as a result.
-Foothill Community Church in Azusa, California

Our church has experienced the benefits of receiving funds from The Free Methodist Investment & Loan Fund.  As a result of Kingdom conscience investors, the facilities have been updated, parking expanded, attendance more than doubled, and most importantly, lives have been changed.
-Willow Vale Community Church in San Jose, California

Investment certificates are unsecured general debt obligations of The Free Methodist Foundation. Investment is subject to risks, which are described in our Offering Circular, including: • no sinking fund • no trust indenture • no FMCNA guarantee • not FDIC or SIPC insured • not bank deposits or bank obligations • no public market • reinvestment rates may change • loans may be secured by special purpose property • borrowers may be dependent on contributions for loan repayment. This is not an offer to sell you our securities and we are not soliciting you to buy our securities. The offer is made solely by the Offering Circular. We will offer and sell our securities only in states where authorized.