Day Care Business Financing
Many day care centers are shuttered every year because of the high cost of operating first-rate facility. Banks and conventional lenders view child care businesses as “high risk,” and make it difficult to qualify for traditional small business loans.
Don’t be deterred by the strict requirements of traditional lenders. Business Lending Authority offers an unsecured business loan alternative that will help satisfy cash flow problems and keep your business running smoothly. With our day care center financing, you will have a cash advance of $1,000 to $1,000,000 in your bank account in just 48 hours!
Day Care Financing : Cover Your Business Expenses with Day Care Center Financing from Business Lending Authority.
The childcare business experts at Business Lending Authority know there is more to running a day care facility than babysitting children while their parents are at work. Employing a competent staff takes a healthy chunk out of your profits, and providing milk for dozens of children each day can cost thousands of dollars per month. A cash flow shortfall can greatly impact the operations of your business, causing you to cut corners and the overall quality of service to decline. But with Business Lending Authority’s day care center financing, you can cover food and beverage expenses, pay rent and meet payroll. Our unsecured business financing can also be used to pay for:
- Leases or mortgages
- Utilities and facility expenditures
- Building maintenance
- Insurance and state licenses
- Playground and other recreational equipment
- Educational materials
- Audio visual equipment
- Telecommunications
- Payroll
- Kitchen and dining equipment
- Cleaning services
- Pest control
- Cribs, mats, and play pens
- Furniture
How Our Day Care Center Financing Works
The multi-million dollar child care industry is highly competitive and you need healthy operating capital to outpace competitors. Day care centers have a hard time qualifying for small business loans because they don’t conform to the rigid standards of traditional lenders. Business Lending Authority is here to address your cash flow problems with our simple and easy day care center financing . With our fast unsecured business financing, a $1,000 to $1,000,000 cash advance could be deposited in your bank account in as little as two days. The day care center financing can be used to pay expenses, expand operations, or to upgrade your facility.
What You Need to Apply
- Must be a day care center business that has been operating for at least 6 months.
- No startups.
- No home-based businesses.
- Must have monthly gross sales of $15,000 or higher.
- Fill out the simple application form on the side of this page
- Speak with a Business Lending Authority representative to complete a few easy steps, once you fill out the application
What You Don’t Need to Apply for Day Care Center Financing
- Good credit
- Collateral which you could lose or demands for liens on your property.
- Restrictions on how you use the money you apply for.
- Traditional business loans that take months to obtain, if you pass all the strict requirements.
Bad Credit OK with Day Care Center Financing from Business Lending Authority
Whether you have good or bad credit, it’s possible to qualify for Business Lending Authority’s day care center financing. Banks and conventional lenders have strict requirements that borrowers must meet to qualify for a small business loan. You must have good credit, provide income statements showing healthy cash flow, and several years of tax returns. They also require personal guarantees and collateral. The chances of being approved are slim, but if you are, conventional lenders take months to grant access to the funds. Why waste time waiting by the phone to hear back from a traditional lender, when you could have access to day care center financing from Business Lending Authority? Fill out the simple form on the side of this page to get started.
Use Your Day Care Center Financing However You Want
Conventional lenders place strict requirements on the ways a day care center loan can be used. Often times, their restrictions keep you from using the financing to address your business’ most pressing needs. Business Lending Authority does not take the one size fits all approach to how your unsecured business financing can be used. We give the business owner the flexibility to use day care center financing however they see fit. You oversee your business everyday, and the lender should not dictate how to use your funds.
Ongoing Day Care Center Financing From Business Lending Authority
As an added bonus, Business Lending Authority offers additional unsecured business financing after you have paid back just 70% of your original cash advance. Conventional lenders require you to pay 95% to 100% of the original loan before letting you reapply for an additional loan. Their time consuming process could cause you to lose business or to miss out on a lucrative opportunity. With our ongoing day care center financing, you will have the comfort of knowing that operating capital is readily available to help you meet any unforeseen expenses, such as renewing a business license, repairing bathroom plumbing, or buying a new refrigerator after your old one suddenly stops working.
Grow Your Business With Business Lending Authority’s Day Care Center Financing
Take your child care business up a notch with day care center financing from Business Lending Authority. Whether you want to extend operating hours to serve parents with unconventional work schedules, or to start offering after school programs for school-age children, you will have the operating capital to meet the payroll increases that will bring your ideas to reality. Our day care center financing can also be used to build additional classrooms, purchase a school bus, redecorate the lobby area and offices, or to hire a childcare specialist to work with special needs children.
Apply for Business Lending Authority’s day care center financing and get the competitive advantage you need to grow and thrive in the child care industry. Simply fill out the form on the side of this page to get started. Apply now!