Prop Corp offers a banking service that maximises your return on investment.
Our Savings Scheme offers competitive interest rates without banking fees or charges. Finance options that banks simply can’t match.
The status of Prop Corp is defined as a Conference partner department whose function it is to benefit the Churches of Christ. This means we can direct the surplus on our margins toward reducing loan interest rates and loan fees to churches. Less fees ensures higher returns for you.
You can benefit by assisting your church to grow as a movement by adding to our asset base. This means that we can pass on significantly reduced loans for churches looking to develop their facilities and accommodate growing mission.
Take advantage of our no fees finance options now.
Low loan interest rates compounded quarterly, not monthly – longer quarterly compounding periods make our church loans even more affordable.
No fees or charges – banks charge for a range of services from loan establishment to mortgage discharge which can add up to thousands of dollars in bank fees and charges. This includes no early payment or break fees and no fees for refinancing loans.
No mortgage requirements or associated costs where we hold the church title as trustee.
Personal service – we will visit your church and meet with the leadership to discuss the loan and property development. We stay in close touch with each church ensuring their finance and property requirements are being serviced and prudentially managed.
Low doc loans – commercial loan documentation can be complex and time consuming generating thousands of dollars in legal costs. As the church Trustee for Conference we already hold the property title for churches. We understand your church’s financial position is based on congregational tithes and offerings. This means our loan documentation is substantially simpler and far less demanding than commercial loan finance documentation.