New Beginnings UMC Refinance is a Dream Come True
Rev. Dr. Mike Shearon, Senior Pastor of New Beginnings UMC in Kennesaw, Ga., shares his experience working with GUMF.
The Georgia United Methodist Foundation found a creative way to refinance and restructure New Beginnings UMC’s original loan to accelerate our debt repayment. NBUMC is very grateful and humbled by the amount of time and effort GUMF put into our refinance.
There has been great optimism since obtaining a 20-year fixed loan. Our financial state and attendance are improving. We are seeing many first-time visitors. Our small groups are growing in volunteers and participation is surging. NBUMC is still a very strong supporter of local ministries and the Red Bird Mission in Beverly, Ky. I will be leading our church on their first international mission trip to Nicaragua in January. Both our short- and long-term ministry plans are now based on solid numbers.
I cannot say enough about the expertise and professionalism of GUMF’s staff and Loan Committee. They have not only strengthened my belief that United Methodists take care of one another, they have also affirmed that The United Methodist Church connectional system is stronger than NBUMC and I ever imagined. GUMF literally took an impossible “nightmare of a situation” and turned it into a manageable “dream come true.”
This article was originally published in the Georgia United Methodist Foundation's Fall 2017 Faith & Money.