Today is a guest post by John Ottinger, a friend of mine and a proven ministry leader. I invited him to contribute a post that would allow him to discuss the merits of hiring a church financing consultant and to share with you more about Darra Consulting.
“Without counsel plans fail, but with many advisers they succeed.” (Proverbs 15:22 ESV)
While you may have been through the construction process before, none of the things that were true of the markets for the last ten years are true anymore, and churches, especially, are bearing the brunt of it. For instance, my own firm, Darra Consulting, has weathered tough credit markets before and has designed unique solutions and programs that can help solve or avoid the problems almost every church will encounter. And it's a no risk proposition. We offer initial consultations at no cost, and even if you don’t engage us, we are more than willing to provide advice and get you started on the road to your new building construction, refinance, renovation, or expansion.
Because traditional bank lending has closed ranks so tightly, it is imperative that churches be open to unusual and creative sources of financing and find consultants that can think outside the box. This goes beyond even the idea of bond financing to things like Sale/Leaseback options selling off a portion of your property, or including the construction of a senior housing facility or school on the property as part of the financing. New ideas come from Wall Street all the time, and as long as we do not violate Scripture in doing so, it is a good idea for churches to be open to creative options. Darra Consulting keeps tracks of the trends and new ideas coming out of these touch economic times and applies Scriptural values to assessing and modifying them for use in promoting the Kingdom of God.
Pastors, you are the head and voice of God in the church, and Christians, you are its body, seeking God’s perfect will and telling the world of His coming. Let Darra Consulting or others take the burden of financing from your shoulders so that you can focus what you are called to do – “make disciples of all nations” (Matthew 28:19).
John Ottinger III is the president of Darra Consulting, a church finance consulting firm (www.darraconsulting.com). He can be reached at firstname.lastname@example.org or (404) 775-9224.