At the Extension Loan Fund, we believe our investments are among the best of social investing opportunities, as invested funds are used primarily to fund loans to churches to expand the Kingdom of God, and we believe scripture has much to say about investing.
"Steady plodding brings prosperity; hasty speculation brings poverty."
Invest with liquidity in mind
"Teach those who are rich in this world not to be proud and not to trust in their money, which is so unreliable. Their trust should be in God, who richly gives us all we need for our enjoyment. Tell them to use their money to do good. They should be rich in good works and generous to those in need, always being ready to share with others. By doing this they will be storing up their treasure as a good foundation for the future so that they may experience true life." 1 Timothy 6:17-19
Invest with diversity and be diligent
"Send your grain across the seas, and in time, profits will flow back to you. But divide your investments among many places, for you do not know what risks might lie ahead. When clouds are heavy, the rains come down. Whether a tree falls north or south, it stays where it falls. Farmers who wait for perfect weather never plant. If they watch every cloud, they never harvest. Just as you cannot understand the path of the wind or the mystery of a tiny baby growing in its mother’s womb, so you cannot understand the activity of God, who does all things. Plant your seed in the morning and keep busy all afternoon, for you don’t know if profit will come from one activity or another—or maybe both." Ecclesiastes 11:1-6
TYPES OF INVESTMENTS
The purchase of Extension Loan Fund (ELF) securities is subject to risks, which are described in the Offering Circular. This is neither an offer to sell nor a solicitation of an offer to buy ELF securities. Such an offer is made only by an Offering Circular and only in those states where the ELF securities may lawfully be offered or sold. ELF securities are not bank deposits, are not insured by the Federal Deposit Insurance Corporation (FDIC), Securities Investor Protective Corporation (SIPC), or any other state or federally-regulated institution, nor are they guaranteed by the International Pentecostal Holiness Church or any other third party.
CURRENT INTEREST RATES
Interest rates currently offered on Certificates pursuant to the Offering Circular are as set forth below. These rates may be amended at any time by ELF in our discretion. The interest rates for Fixed Rate Certificates, IRA Certificates, and Building Fund Certificates are fixed for the duration of the term. The interest rates for Savings Certificates are variable, and we may change the applicable interest rate from time to time upon at least 30 days’ prior written notice.