Charter School Financing

We have developed a real passion for charter school funding because we believe so strongly in them. Not only in principle but also in observing the practical application in schools we are working with, we are zealous converts to the charter school cause.

We enjoy relationships with several lenders and bond underwriters who understand charter schools and are open to these types of credits. If your charter school is in it's third year of successful operations, or longer, and it is either a non-profit or a for-profit entity, we have financing programs that should be of solid interest to you.

One common mistake that many charter schools make is to finance short to intermediate term assets with long-term money. For example, they may pay for new audio-visual equipment with proceeds derived from the mortgage. In doing so, they will be paying for this equipment long after it is worn out and replaced. It is usually advisable to finance equipment, such as furniture, seating, audio/visual, HVAC and etc. with intermediate financing facilities such as equipment leases or loans. At Providence, we offer specialized leasing services tailored to the unique needs of non-profits so we can help you with your intermediate financing needs as well as your long term financing needs.

Particularly in charter school financing, each case requires individual evaluation and a customized approach to financing. One of our primary strengths at Providence Financial is our creativity in finding a financing solution to the most challenging problems. It costs you nothing to call us and see if we can find a solution for your project.