6.5.2 Loan EligibilityTo be eligible for an archdiocesan loan, the location must be in good financial standing and comply with the following requirements. The location must:
Not owe outstanding debts to the archdiocese (e.g., monthly assessments, insurance premiums, pension contributions or payroll advances)
Have no outstanding unpaid archdiocesan loans or archdiocesan lines of credit
Not receive a subsidy of any kind
Have a good repayment history on any prior loans and lines of credit
Deposit all funds in excess of three months of operating expenses into the Investment Portfolio
Deposit all building and construction funds into a restricted account in the Investment Portfolio