CAM’s term loans for charter schools are typically used for working capital, facilities improvements, new programs, and special projects. The loan period ranges from one to three years based on a variable interest rate based on the underlying prime rate. 

Your school can receive the full amount of the loan upfront at closing or schedule several delayed draws. Term loans have a closing fee and an early termination fee. The loan can be amortized longer than the loan period which will reduce the monthly debt service by the school allowing great flexibility.

Advantages of Our Term Loan Program

CAM term loans for schools have long amortization periods. This means that the monthly debt service obligation for the school is reduced. The term loan is either funded in full at closing or in several delayed-draw installments. The structure of CAM term loans makes it easy to plan for the future of the charter school.

Your loan is offered based on the state aid generated by your student enrollment. Most banks can’t do this, but CAM can.

Term loans for schools Can Fund Projects Like:

  • Facilities acquisition 
  • Facilities renovation
  • Capital expense projects
  • General working capital
  • Maintenance of daily operations
  • Overall school growth
  • Tenant improvements

Reach out to us to start the funding process for your school administration loan.

Term Loans– Step by Step

Apply For a Term Loan.

Applying for a term loan can be done either on our website or by reaching out to our team of professionals directly.

CAM Will Review Your School Situation

In order to receive term loans for schools, and for a better understanding of your financial situation, CAM may ask for additional documents or information to review.

CAM Loan Offer

Once the review process is over, CAM will reach out with a loan offer. We can then discuss making modifications if needed.

Closing Process

If you decide to move forward, we will establish the loan terms and provide agreements for further review, verify financing amounts, and finalize the loan.

Term Loan Funded

Once the closing process is complete, the agreed amount of the loan is funded upfront at closing to your charter school.

Talk to a Charter School Funding Expert

Term loans for charter schools are often the perfect solution for capital projects such as expansion or improvements.

Contact us to apply for a term loan today.

Talk to us about getting your school funded

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