What is CELF?

The Church Extension Loan Fund is a fund from which Free Will Baptist churches can borrow money to build buildings or buy properties. The investment program is one way to provide the base. Here is how it works. You can invest any amount over $500 in the program. In return, you receive a good rate of interest on your money.

The money is then loaned to Free Will Baptist churches. The church repays the loan at a reduced rate of interest. The repaid principle is never spent, but rather loaned to another new church. The money will be loaned to Free Will Baptist churches, so the longer the money can be invested, the more help it will be.

Interest on your investment is paid monthly or compounded, whichever you choose.
There will be no penalty for early withdrawal of deposits. (A thirty day notice will be requested.)

The CELF Investment Program affords you an opportunity to help a church get a much needed loan and at the same time earn interest on your investment.

Why Invest in CELF?

God has been good to Free Will Baptist National Home Missions. Through His leadership and blessings, new churches are being established all across the United States, Canada, Mexico, and the US territories, such as the Virgin Islands and Puerto Rico.

The burden of these young churches, in most cases, is obtaining funds needed for building and expansion.

Realizing this need, the National Home Missions Board authorized the Church Extension Loan Fund Investment Program to be incorporated as a religious, not for profit organization. As the list of participants grows for the investment program, it opens doors of opportunity never realized by Free Will Baptist Home Missions.

Let the Lord use your money through us and enjoy the satisfaction of knowing that YOUR MONEY is BUILDING while it is EARNING.

If you have any questions about the CELF Program, please call Sue Hayes at (Direct Line - 615.760.6137), or write to Church Extension Loan Fund, PO Box 5002, Antioch, TN 37011-5002.