About ASAL International
ASAL International (Anabaptist Savings and Loans International) is a conservative Anabaptist non-profit. It promotes Christian stewardship and business. It makes business loans, and interest rates vary by loan type. It also gives borrowers mentoring, training and a library of resources. Its programs cover people development and business development.
Its mailing address is 900 McDuff Avenue, Suite 7, in Grandview, Texas. It launched in Latin America in 2019 and aims to have representation in every region. Steve Leid is chief executive officer. He spent more than 12 years in management at Christian Aid Ministries. Leland Ulrich is founder and CEO emeritus. Ervin Helmuth is chairman. Board members represent several Anabaptist church groups and have backgrounds in business, finance and missions.
Funding Rounds (SEC Form D)
| First sale | Filed with SEC | Amount sold | Investors | Avg. check | Terms | Filing |
|---|---|---|---|---|---|---|
| Not yet | Oct 23, 2026 | $0target not set | 0 | — | DebtRule 506(b) | Form D ↗ |
| Not yet | Jul 14, 2026 | $0of $20.0M target | 0 | — | DebtRule 506(b) | Form D ↗ |
| Not yet | Jun 10, 2025 | $0of $20.0M target | 0 | — | DebtRule 506(b) | Form D ↗ |
| Not yet | May 1, 2024 | $0target not set | 0 | — | DebtRule 506(b) | Form D ↗ |
| May 4, 2023 | Apr 28, 2023amended Apr 24, 2024 | $3,613,921target not set | 54 | $66,924 | DebtRule 506(b) | Form D/A ↗1 earlier filing |
| Feb 8, 2023 | Jan 4, 2023amended Dec 30, 2024 | $674,160of $50.0M target | 7 | $96,309 | DebtRule 506(c) | Form D/A ↗2 earlier filings |
| Sep 4, 2019 | Mar 11, 2019amended Oct 21, 2022 | $24,567,000of $50.0M target | 55 | $446K | DebtRule 506(b) | Form D/A ↗1 earlier filing |
| Total, seven offerings | $28,855,081 | |||||
First sale is the date the first investor in the offering committed to invest. Companies must file Form D within 15 days of that date, so filing dates run later.
Why Investors Backed ASAL International
ASAL International is a conservative Anabaptist non-profit that makes business loans and offers borrowers mentoring and training. Its mailing address is in Grandview, Texas, and it launched in Latin America in 2019. It aims to serve Anabaptist groups in every region of the world. Its board members represent several Anabaptist church groups and have backgrounds in business, finance and missions.
What the product does
ASAL's discipleship program has three parts: kingdom impact, social impact and financial impact. The first asks that vendors, employees and customers feel they spent time with Jesus when they deal with a kingdom business person. The second asks that a business give its community more than it takes out. The third asks for a healthy net income. ASAL's view is that this brings better paying jobs and gifts to local causes, schools, churches and missions. Its loans cover a broad range of business activities.
Progress so far
The site's Projects page gives an overview of a few projects and invites readers to sign up for updates. One testimonial, from someone named Marlin, says ASAL is helping extend a hog business and set up a small plant to cut up, package and sell the meat. ASAL also plans to grow its library, from business coaching literature to conferences.
We wrote this summary from public statements by ASAL International and its investors. It is not investment advice.
Leadership Team
Executive officers and directors listed on ASAL International's Form D filed Oct 23, 2026.
Earlier filings also listed Daniel Stover (executive officer, last listed Dec 2024).