Pay Employees
Use funding to hire, train new employees, and pay for staff while invoices are unpaid.
How Daycare Business Loans Can Help You
The cost to keep your facility operating smoothly can be expensive. Training employees, paying for insurance, and making sure your facility is safe for the children you care for are all expenses that can add up quickly. Small business loans for daycare facilities can help you pay for these business necessities.
Keep Your Daycare Safe
Purchase safety equipment like highchairs and car seats while paying for expenses to keep your daycare clean.
Expand to a New Location
Pay for the costs to advertise or expand your business.
Invest in Safe Transportation
Purchase safe and reliable transportation and cover the costs of maintenance.
How to Apply
How do daycare business loans work? Applying for daycare financing has never been easier.
Apply
Submit your application securely in minutes.
Connect
We’ll discuss the right financing option for you.
Fund
Receive financing and start growing your business.
Why SpringFi
Whether you run your daycare out of your home or have a large facility, the most important aspect of your business is providing expert childcare. To provide the best possible care for your clients and their children, you need access to funds to pay for employee training and other expenses. At SpringFi, our Funding Specialists take the time to learn about your business and your passions. Our small business loans for daycare facilities include flexible payment options and fixed-rate solutions.
Daycare Business Resources
An Daycare business loan is an investment in the growth of your company — but securing financing is only a fraction of what it takes to manage your finances. We’ve put together a list of resources to give you the whole story on loans, taxes, and managing the financial health of your company.
Quick solution with minimal documentation.
They are based off of your business cash flow without the needs of any asserts or collateral. having a low credit score or tax susses is not a deal breaker.
What Clients Say About Us
Frequently asked questions
If you have a query regarding a loan then we are here to your help you can arise your query also.
There are no restrictions on the usage of your funds. Once you’ve received funding, you can use it as you see fit.
The first step to receiving funding is filling out our online application. Once filled out, we’ll get in touch with you to discuss your financing options. Depending on your business needs, you may be eligible to receive funding with the documentation provided in your application. In the case a financing option requires additional documentation, we’ll let you know. Once you’re approved, you can expect financing in as little as 24-48 hours.
Bad credit isn’t normally a deal breaker. Your financing options are based on business cash flow. If your business receives over $5,000 in gross deposits, we encourage you to apply.
Once your application and bank statements are submitted, it only takes 4-10 hours to receive a decision from underwriting. If you accept the offer, we can have the funds in your account in as little as 24 hours.
We can typically finance anywhere from 100% to 200% of your average monthly gross deposits.
Once approved, you’ll receive funding in a few hours. Normally we can fund within 24 hours of receiving the application and banking statements.
There are no penalties for early payment. In some cases, we offer discounts for paying your loan off early.
Yes, we can consolidate existing loans into one note. And we can also fund advances while having existing ones without paying them off. There are options.
Fill out our online application or contact us directly, and one of our representatives will be happy to assist you. Feel free to call us at (347) -778-5195