The sanctuary of Pilgrim Rest Missionary Baptist Church, beautifully restored and updated to serve its Milwaukee, WI, community, thanks to an ABEC Loan.
Why ABEC? Organizations that support and build the church and served church members are their communities are part of the rich heritage of being an American Baptist.
ABEC is the organization that helps finance church extension all across the U.S. and in Puerto Rico.
We are the entity through which American Baptists — churches, clergy, lay leaders and congregants — form a pool of funds through their investments in ABEC Notes. From a portion of those funds, churches and church-related entities borrow with ABEC Loans in order to build and renovate their facilities; the balance supports our operations and liquidity. Our investors know that their money is only benefiting institutions that share their Christian values.
For our borrowers, we are a dedicated organization that focuses on the needs of churches. The building planning services we provide to our church borrowers are broader and deeper than those offered by many financial institutions.
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