Presbyterian Asset Loan (PAL)
PAL is a small, short-term line of credit that can be used for projects such as technology upgrades, payroll, an unplanned capital project, or any emergency needs or repair. In this time of economic uncertainty, this can be a valuable resource for your church. For the PAL:
- There are no payments the first year
- Payments are made months 13-48
- Loan is secured by investments, either from your presbytery, church, or members.
- Call for current interest rate
To apply for a PAL line of credit, please download the application below. Fill out the application and mail to:
Mission Development Certificate Program
P.O. Box 423
Seahurst, WA 98062-0423
If you have any questions, please call 866.211.8230 or 206.971.4603.