You may copy any and all documentation which is helpful to your congregation. This shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state in which such offer, solicitation or sale is not authorized. The mission of LACE is to provide low-cost loans to churches, providing a helping hand to congregations as they proclaim the Word of God. LACE provides a channel through which people can put their investments to work for the church.
Investors receive annual interest on their investments.
The tool that LACE uses is the Designated Certificate. The interest is paid annually by check, or it may be left on deposit. Although LACE is not obligated to redeem 5-year certificates prior to maturity, historically LACE has been able to redeem certificates on request. We are asking our members to invest in LACE with the investment designated for our program. To invest, we will send you an Offering Circular, which contains detailed information about LACE's operation and an Application.