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-   -   Member lending to church (https://www.askmehelpdesk.com/showthread.php?t=710906)

  • Oct 22, 2012, 08:08 AM
    Church40
    Member lending to church
    Is there anything wrong with a member lending his church $40,000.00 interest free for a new parking lot? The money would be paid back over a two year period as contributions from other members come in..
    Thank you for your kind interest. Church40
  • Oct 22, 2012, 08:21 AM
    NeedKarma
    Like any other business proposition both parties should sign a contract stipulating the obligations of both sides and the penalties of non-performance.
  • Oct 22, 2012, 08:27 AM
    excon
    Quote:

    Is there anything wrong with a member lending his church $40,000.00
    Hello C:

    Not in any sense of the word.

    Excon

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