The revolving line of credit or credit facility is our most flexible and efficient loan program. Revolving credit lines are typically between one and three years in length with a variable interest rate aligned against the going prime rate. There is usually a closing fee and an early termination fee along with ongoing reporting requirements. 

With a revolving line of credit, your school will have access to funds that can be drawn down and repaid at any time during the course of the loan. Revolving lines of credit are used for working capital and cash flow management.

What Sets CAM Apart

With CAM, your school can qualify for a revolving credit line without having real estate as collateral. CAM provides lines of credit to charter schools based on your school’s annual revenue generated primarily per pupil state funding. CAM’s credit lines are typically between $1 million and $25 million in size depending on the scale of your organization.

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Revolving Line of Credit – Step by Step

When your school applies for revolving credit, our client services team will formulate a plan with you. We will then underwrite the line of credit for your charter school and conduct due diligence. Next, we will present an offer for your line of credit that will delineate the terms and conditions. If you choose to proceed, we begin the closing process which includes the legal agreements and other items specific to your school.

At closing, we process the line advance and wire the funds to your school’s account. The entire process can take from a few weeks to a month. The more lead time you can give us to get started, the better. Once the line is open, additional line advances only require five business days to fund.

 Apply for the Revolving Line of Credit

You can apply for the revolving credit for schools online or by contacting us directly. Our client services team will respond to you within one business day.


To underwrite the loan, we will request and review school financials, governance information, enrollment data, etc.

 Line of Credit Offer

We will present a proposal for your charter school’s line of credit which will delineate the terms of the line. We will present the proposal of our line of credit for your school to you and make adjustments as needed.

 Line of Credit Closing Process

Should you decide to proceed, we will begin the loan closing process and set a closing agenda. This process includes the review and execution of loan agreements, verifying the borrowing base, implementing cash dominion, and finalizing the loan advance.

 Line Advance Funded

Once all agreements are signed and the closing items completed for the revolving credit for your school, we will process the line advance and wire the funds to your institution’s account for your school funding credit.


Talk to a Charter School Funding Expert

Start by consulting with a school funding professional at CAM who can learn more about your school and help you get started. We’ll assist you through the process of a getting line of credit for your charter school every step of the way.

Start here and give us a call.

Loan Timeline

Funding Programs

Facilities Financing

CAM’s facilities financing program provides charter schools with access to capital to acquire, build, or renovate school facilities. The program is designed to be flexible and affordable, and it is available to charter schools of all sizes and locations.

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Revolving Line of Credit

This is CAM’s flagship program. A line of credit is a revolving loan that runs between 1 to 5 years. Once the line is open, your school can drawdown at any time. The school makes monthly payments based on an average outstanding balance. Our revolving line of credit is low-cost, flexible, and ideal for general working capital purposes.

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Term Loans

In a term loan, the full loan amount is funded upfront. The school makes fixed monthly payments amortized over the duration of the loan. Term loans are between 1 and 5 years and are ideal for capital projects like tenant improvements and other expansion purposes.

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Bridge Financing

Bridge financing is a short-term loan that bridges the gap between a charter school’s current financial resources and the amount of money it needs to complete a specific project. CAM offers bridge financing to charter schools for a variety of purposes including acquiring or renovating a school facility, expanding or improving educational programs, and covering unexpected expenses.

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Pre-Bond Financing

Pre-bond financing is a medium-term financing tool that helps bridge to a bond issuance. CAM loans your school the funds you need for pre-development and other bond issuance related costs. The bond then takes out CAM’s loan.

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Factoring is a short-term financing tool where CAM purchases your school’s future state-aid and advances the capital to you now. Factoring is great to fuel enrollment growth, mitigate state-aid deferrals, and bridge cash gaps. Although factoring is fast and reliable, we recommend using it for urgent situations and as a last resort.

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