July 14: Answered Prayer – Help in Paying a Commercial Mortgage

Daniel W. Whittle
Daniel W. Whittle

Certain verses of Scripture become far more meaningful when we are in need. Today’s account may be a little technical, but if you’ve ever ran a business – you know exactly what this account is about. Another answered prayer from Daniel Whittle’s book.

To the chief Musician, A Psalm of David. Blessed is he that considereth the poor: the LORD will deliver him in time of trouble.

Psalm 41:1

A business man in New York had several large amounts due for payment. An unprecedented series of calls from tradesmen wishing their bills paid sooner than customary, drained his means, and he was satisfied from the situation that his means would not be sufficient to pay them all. His business receipts, at this juncture, fell to one-half what they had usually been. A loan was due at the bank; a mortgage on his property, as well as large notes. He could do no more than ask the Lord constantly in prayer, to either send supplies of business, or open ways of relief. Committing his cares all to the Lord, he endeavored to throw off his burden and with diligence in trade do what was possible for protection.

He was greatly surprised when the bank loan fell due to learn that a trifling payment would be acceptable, and the rest extended at his convenience. This was remarkable, as the security had depreciated somewhat, and the loan had been then extended longer than usual.

The holder of the mortgage did not call as usual for his interest. In great surprise the tradesman dropped a note, saying he would meet his demand, but if not all the mortgage was needed, its extension would benefit the use of the capital in his business. To his surprise, he received a reply that the mortgage would be extended one-half until the next interest day, and the rest might be paid now if it could be spared. This was just the money which the tradesman could spare, and was intending to propose, but refrained from mentioning it.

A sudden opportunity in business arose which enabled him to see how to use the rest of the money he had on hand, as capital, whereby he could clear within three months the remainder of the mortgage before it became due.

Thus the Lord in answer to prayer, relieved his necessities, eased his creditors, gave him knowledge and intelligence of profitable ways of trade, and helped him freely according to his faith.

Thus business needs prayer, as well as the interests of the home, the church and the soul. When the means derived in business is used to bless the Lord’s poor, “The Lord will deliver him in time of trouble.”

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