CAM Invests In Talladega College In Alabama

Charter Asset Management is proud to announce a new investment in Talladega College, a historically Black college renowned for its academic excellence and community leadership. The $3.4 million loan will empower Talladega College to accelerate its growth, enhance educational opportunities, and further its mission of fostering the next generation of leaders and innovators.

Founded by two freedmen in 1865, Talladega College is Alabama’s oldest private HBCU. The school consistently ranks as one of the Princeton Review’s Best Colleges in the Southeast, and was named by Kiplinger as the second-best college in the country for “low average graduating debt” in 2019.

Through their liberal arts program, Talladega’s mission is to equip their students for the global community through academic excellence, moral values, community service, and professional development. They’re part of a diverse global society, seeking to instill an understanding and appreciation of diversity through their curriculum, multicultural faculty, and portfolio of achievements in the sciences and humanities.

CAM is a private credit fund and lender specializing in short and medium-term financing solutions for higher learning institutions nationwide. Since 2012, we’ve become a trusted partner for institutions, offering competitive rates, fast turnaround, and flexible options often unavailable from traditional lenders. Our expertise in complex higher education finance helps colleges and universities achieve their strategic goals with loans that complement bonds and other financing structures.

CAM Products

Facilities Financing
Facilities Financing
Revolving Credit Line
Revolving Line of Credit

Term Loans

Bridge Financing

Pre-Bond Financing

Financing

CAM Financing Uses

  • General Working Capital
  • Real Estate Acquisition
  • Facilities Financing
  • Cash Flow Mitigation
  • Construction and Campus Improvements
  • Bridge to Bond or Other Long-Term Financing
  • Additional Capital on Parity With Bonds
  • Debt Restructuring
  • New Programs
  • Expansion and Replication

Contact the CAM team to talk about getting the right type of financing for your charter school, college, or university.

Notable Financings

Wilberforce University

Wilberforce University is the nation’s oldest HBCU located in Wilberforce, Ohio. WU is a four-year accredited liberal arts institution offering 21 academic concentrations.

Loan:

– $10 Million Revolving Line
– CAM Client for 3+ Years

Purpose & Use:

Restructuring and refinance of existing debt & funding for dormitory improvements.

Wiley University

Wiley University is a private, historically black college in Marshall, Texas. Founded in 1873 by the Methodist Episcopal Church, it is one of the oldest predominantly black colleges west of the Mississippi River.

Loan:

– $2.5 Million Term Loan
– CAM Client for 5+ Years

Purpose & Use:

Restructuring and refinance of existing debt & general working capital.