History of the Fund
Extension Loan Fund In the 1950’s, Robert L. Rex had a vision to provide a way for congregations to access the resources needed to construct a suitable worship center. He realized many churches would not be able to secure a loan through a local bank, and he dreamt of a church-based organization that would step in and help. His dream became reality in 1958, when his son, Lonnie Rex, made the initial $100 investment. Nearly 55 years and 2300 annual investors later, the Extensio