Lending Requirements
Charter Asset Management (CAM) partners with established educational institutions to provide flexible financing solutions tailored to their unique needs. The following outlines our general lending requirements and helps determine whether CAM is the right financing partner for your institution.
Eligible Institutions
CAM provides financing to the following types of educational organizations:
- Public and Private Universities
- Public and Private Colleges
- Community Colleges
- Technical Colleges
- Charter Schools
- Charter Management Organizations (CMOs)
- Private and Independent Schools
Institutions must be currently operational. CAM does not provide financing for pre-operational or start-up institutions.
Operating History
- Institutions must have at least three (3) years of operating history
- Start-up or pre-opening institutions are not eligible
Financial Requirements
To evaluate a financing request, CAM requires:
- At least three (3) years of audited financial statements
- Latest three (3) months of unaudited financial statements, including:
- Balance Sheet
- Income Statement
- Statement of Cash Flows
- Statement of Shareholders’ Equity
- Balance Sheet
- Financial projections for three (3) to five (5) years forward
- Current accounts payable information
- Current year budget
- Enrollment data or revenue information, where applicable
- Details on existing debt or financing arrangements
Financial documentation requirements may vary based on the size, structure, and purpose of the financing.
Use of Proceeds
CAM financing may be used for a wide range of institutional needs, including:
- Working capital and liquidity support
- Facilities acquisition, construction, or renovation
- Bridge financing for short-term or time-sensitive needs
- Refinancing existing obligations
- Additional capital structured on parity with existing bonds
- Strategic growth and expansion initiatives
Credit Considerations
Each financing request is reviewed on a case-by-case basis. CAM considers factors such as:
- Financial performance and stability
- Enrollment trends and revenue sources
- Governance and management strength
- Collateral and security structure
- Regulatory and compliance standing
- Factoring Requirements (If Applicable)
For institutions seeking factoring or receivables-based financing, CAM typically requires:
- Eligible and assignable receivables (such as state or government funding)
- Clear documentation of payment source and timing
- Compliance with applicable state and regulatory requirements
Our Approach
CAM takes a relationship-driven approach to lending. We work closely with institutional leadership and finance teams to understand goals, challenges, and timelines, and to structure financing solutions that support long-term stability and success.
Meeting these requirements does not guarantee approval, but they help determine whether CAM is a strong fit for your institution.
Get Started
If your institution meets these general requirements, we encourage you to contact our team to discuss your financing needs and explore potential solutions.