Can a home daycare or in-home childcare provider get funded?
Licensed home childcare providers can qualify if they have a separate business bank account and consistent documented income. Unlicensed informal arrangements typically do not qualify for business financing.
Can I get funding to open a second childcare location?
Yes. Second location build-out, leasehold improvements, equipment, and working capital for a new facility are all eligible uses of funding.
Do I need to show enrollment numbers to qualify?
We look at your monthly bank deposits, not enrollment numbers specifically. Consistent tuition deposits of $10,000+ per month are the primary qualification factor.
Can I use funding to meet state licensing requirements?
Yes. Compliance-related expenses including facility modifications, equipment upgrades, and safety improvements are fully eligible uses of childcare business capital.
How does tuition payment seasonality affect my qualification?
Seasonal enrollment dips (summer drop-off, holiday closures) are factored into our evaluation of your average monthly revenue. We look at a 3–6 month average, not just your best month.
Can a daycare center with SBA debt get additional funding?
Yes, in many cases. We evaluate your net cash flow after existing debt service. Having existing SBA debt does not automatically disqualify you.
What is the fastest I can receive funding?
Qualified childcare businesses can receive same-day ACH deposits for working capital needs. Speak with a specialist about your timeline.
Can I finance a daycare van or transportation vehicle?
Yes. Vehicles used for childcare transportation qualify for equipment financing with rates starting at 5.9% APR and terms up to 72 months.
Does staff turnover affect my loan application?
No. We evaluate the financial performance of the business, not HR metrics. Staff turnover is a common industry challenge and does not directly impact financing approval.
What documents do I need?
Three months of business bank statements, your business license or childcare operating license, a completed application, and government-issued ID.