CAM offers facilities financing for higher learning institutions seeking to acquire property or improve existing facilities. These loans are typically 1 to 3 years in length with a 5 to 7-year amortization.
Higher learning institutions often require substantial capital for campus improvements. CAM’s facilities loans deliver the resources you need for new construction, renovations, and infrastructure upgrades. We offer competitive rates, and flexible terms, and understand the unique needs of colleges and universities.
Securing funds for major facilities projects can be a complex process for higher-learning institutions. CAM’s facilities financing streamlines this process providing tailored solutions designed for your campus needs. Whether it’s a new academic building, residence hall, or research lab, we’ll help you achieve your vision.
An Overview of the Application Process
- CAM will conduct our own appraisal for the valuation of the property and conduct other assessments such as Phase I environmental assessments, zoning, and condition assessments as needed.
- We suggest having a facilities plan that is in line with your growing enrollment numbers before you apply for higher learning institution facilities financing. Make sure that the plan meets the needs of your growing higher institution.
- After you take the first step in applying for a loan for your building or renovation, our professional team of experts will reach out to you to discuss the details.
- We will then proceed with loan agreements and set up accounts to further the process.
- As we prepare to close, we finalize the agreements, borrowing base, and compliance items.
- When all these steps are taken, we will begin the closing process, which could take anywhere from two to four weeks.
Talk to A Financing Expert for Higher Learning Institution Building and Renovations
CAM knows that financing for your higher learning institution’s buildings and renovations is critical for your institution’s future. This program is one of the most economical methods for a higher learning institution to receive facilities financing. You can apply either on our website or by speaking with our professional team. Talk to us about how this program could fund the improvements your institution needs.