Secured Notes

These notes issued by Ministry Partners are secured by a portfolio of loans made to evangelical churches and ministries. Because of this added security feature, offered rates on Secured Notes will generally be lower than rates on Class 1 Notes. In general, we use the proceeds of Secured Notes sales to make loans to evangelical churches and ministries. We may also use proceeds to pay off maturing notes or other borrowings, or for general corporate purposes. We can only use proceeds from the sale of secured notes by pledging church or ministry loans as collateral. We must maintain a ratio of 102% collateral relative to the amount of outstanding notes.

Secured Notes are available in two series:

Fixed Series – This note pays a fixed interest rate established at the time of purchase. It is available in maturities between one and five years. You may request an early redemption, which we may grant in our sole discretion. A three month interest penalty may apply to premature redemptions. A minimum $1,000 investment is required.

Flex Series – This note pays fixed interest established at the time of purchase. It matures in seven years. You may reset the interest rate to the currently offered rate once in each anniversary year, after the first anniversary (with certain limits.) You may redeem up to 10% of your balance in any anniversary year, after the first anniversary year. A three months interest penalty may apply to excess premature redemptions. A minimum $25,000 investment is required.

Secured Notes are available to all investors in the following states: _______________________ If you live in another state, the Notes may be available under an exemption from registration.http://www.ministrypartners.org/wp-content/uploads/2014/05/Rates-Single-Final.pdf”>Click here to view currently offered rates for Secured Notes (PDF)

  • Click here to download a Secured Notes prospectus (PDF)