I have a friend who wants to start his own church and wants to buy land or an existing building for the church?

Someone advised him to start a 5013c or something to that affect as a Non-Profit. My question is he can afford to get the land or building with his own credit, but would he be entilted to Government Grants or special financing from banks in order to start a church? He is an ordained Minister by the way.

Just: I might be missing something here, but it seems like your friend is putting the cart before the horse, so to speak.

The idea is to build a congregation first, then as it grows comes the consideration for a larger meeting place.

Your friend's organization through which he was ordained should have the proper procedure for obtaining the legal 501(c)3 non-profit designation. If not, try your state's licensing division for help.

I know of no government grants or special financing from a bank being offered to non-profit church start-ups. One more bit of advice: tell him to watch it when it comes to the use of his personal credit card for church purchases. It's an easy trap to fall in to....and it's been the downfall of many. Enough said!

Best wishes, and I hope this helps you....

I hope not since the churchs pay nothing into the govt' programs. Banks may buy into this but he just needs to go to his local banks, sit down and ask the questions based on his personal financial situation at this point in time.