Rocketship is a national network of high-performing elementary schools in underserved communities in California, Texas, Tennessee, Wisconsin, and Washington DC. CAM is proud to serve as a financial catalyst by providing a $5M – $10M revolving line of credit for Rocketship Education via an accordion structure. This credit facility provides working capital, fuels growth, and mitigate cash flow challenges. This credit line works seamlessly with Rocketship’s facilities bonds.
Rocketship Public Schools aim to help their students reach their potential by personalizing education, developing each individual’s existing talents, and empowering parents to champion their kids’ education. Through a well-rounded set of classes including STEM, humanities, nutrition, gardening, dance, and more, Rocketship focuses on the child’s whole development by always promoting persistence, empathy, responsibility, and respect in every lesson.
So far, nearly 25,000 students have been educated in over 20 Rocketship schools across the country. They look forward to further growth through opening new campuses, reaching more children, and lifting up more communities. CAM will continue to support that growth through our $5M – $10M accordion-style revolving line of credit for all of its California region’s working capital and growth needs.