Posted by ACCU Staff ● Mar 13, 2019 12:00:00 PM

The Art of Lending

Sometimes, looking at a painting from 10 feet away — and again, from 10 inches away — can provide two very different perspectives. When applying for a loan, a church is usually seeing the “big picture” from 10 feet away. However, a lender is charged with the responsibility of looking at the loan from 10 inches; it’s studying the detailed paint strokes to determine whether a loan is prudent. The individual paint strokes, in lending terms, are called financial ratios. These ratios vary between fairly straightforward and very complex.

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