Youth Camp: Refinance

Loan Amount: $450,000
Interest Rate: 1.78%
Payment Savings Per Month: $3,000

“Semble’s program provided a payoff strategy the camp never had before and now we can look towards the future… It has created new relationships with people that hadn’t given in the past.”— Executive Director

The camp was trapped in a perpetual state of debt thanks to a bank loan carrying an interest rate of nearly 7 percent. As a result of Semble’s assistance with this loan, the camp was able to dramatically lower its interest rate, pulling it out of the perpetual state of debt and putting it on a path to retire the loan in just seven years. It also helped them develop strong donor relationships with families who had not historically donated to the camp. The camp paid off its loan in just over three years after investors forgave more than $50,000. They credit Semble’s assistance as a vital key to becoming debt free.

Own vs. Rent

Loan Amount: $2,300,000
Interest Rate: 3.77 %
Payment Savings Per Month: $9,200

“When I think of Semble, I think of good stewardship. Working with Semble has been great… we highly recommend them.”— Senior Pastor

The church was able to transition from renting space on a weekly basis to owning their own beautiful facility, a move that would have been impossible with a traditional bank option. Recognizing that renting space often limits the capacity for growth, the church enlisted Semble’s help to provide a loan solution that was manageable based on their existing financial condition. As a result, they were able to buy their own permanent location, which led to significant increases in attendance and giving, enabling the church to accelerate paying off their debt. Investors expressed genuine gratitude for the opportunity to realize a return while knowing their money was making a difference in their community.

School: Expansion

Loan Amount: $7,000,000
Interest Rate: 3.98 %
Payment Savings Per Month: $23,200

“It is through Semble’s service that we were able to complete the elementary building project. You have created a long-lasting effect on the education of many students now and far into the future.”— Headmaster

During a time when construction financing was difficult to secure—despite the school’s creditworthiness—Semble was able to secure financing for an expansion project on the school’s main campus. This allowed them to transition their elementary grades to this campus, which now serves students from pre-kindergarten to 12th grade. Semble’s approach provided a more cost-effective solution than traditional bank financing and opened the door to expanding the school’s relationship with community donors who, without the investment opportunity, would not have engaged. The school has mentioned on numerous occasions that it plans to utilize Semble for any financing needs it may have in the future.

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Other Nonprofits Serving: Affordable Housing, Community Nonprofits, Humane Societies, Home Owner Associations