Baptist Union Loans: Interest free period
This initiative enables any church that has a live building project with loans in the process of being drawn or bridging loans, which may be delayed due to the restrictions of Social Distancing, to avoid incurring any interest charges during October, November and December 2020.
The Baptist Union recognises that some of the work may have ceased and so by applying for this initiative the church’s loan will not increase because of interest charges.
Please note that interest will recommence on 1 January 2021.
To apply for this initiative please complete this Application Form