July 9, 2020
FOR IMMEDIATE RELEASE
COLORADO SPRINGS, Colo. — This month, more than 450 Alliance churches and ministries will receive loan interest rebates totaling $1 million.
Larry McCooey, president of Orchard Alliance, explains, “For the second year in a row, the financial markets have been strong, and our borrowers have been faithfully repaying their loans. Because Orchard Alliance is a non-profit ministry and not a for-profit bank, at the end of our fiscal year we are able to reinvest our financial surplus back into ministry.”
This is the third time in four years that Orchard Alliance has offered rebates to its ministry partners. For 2020, every church or ministry with a current Orchard Alliance loan will receive a proportionate amount of the total rebate—ranging from under $100 to over $30,000.
For more information, or to learn how Orchard Alliance can assist your Alliance ministry with the financing you need, visit www.orchardalliance.org, call toll free 833.ORCH.ALL (833.672.4255), or e-mail [email protected].
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Orchard Alliance exists to equip God’s stewards for greater Kingdom impact. Its vision is to see every person and ministry it serves empowered in biblical stewardship, accomplishing God’s purposes for His glory.
CONTACT:
David Graf, Vice President for Property Funding and Advisement
Orchard Alliance
Phone: (833) 672-4255
Email: [email protected]