PRAYER #105 - Financial Help

Julie (Friendswood, TX, USA)

Hi my name is Julie. I started a non-profit organization.  Last year, it came to our attention that VA needs a residential treatment facility in my home state.   For months, the organization was negotiating a capital lease for a facility that would be needed to apply for VA grant and per diem assistance.  In December of 2011, a facility came on the market.  We feel that this facility will allow the organization a chance to own the facility and it will require less renovation cost. 

USDA Rural Development will fiance the property and renovations for a community facility so,  75% of the facility will be for homeless veterans and 25% will be for the community.  I received the application packet to fill out with approximately fifteen requirements on the check list.  One of the requirements is getting 3 letters from other financial lenders stating that we are not able to obtain credit.  I tried doing that today. I went to 6 banks.  To submit an application  for a business loan at a bank, it is required that the organization must have 2 years of financial history.  Considering that the organization is a start-up, we do not have that history. I call SBA and they don’t give   loans to non-profit organizations.

I’m doing all that I know how to do.  Please pray in agreement with me that if it is Gods will for our organization to provide this much needed service. God will give me and the organization a financial miracle. The only way this project is going to come to pass is God have to give me favor and a miracle. We took out a 120 day contract on the property with hope that we will receive funding and at least 35 days have pass. Please pray for us.