Reviews from daycare owners.
Business owners love that Lendio helps them get funding without the headaches.
Daycare business loans, fast.
Apply for financing today to build your business, upgrade your equipment, or fund your next project.
Applying is free and won't impact your credit*
Proven daycare lending expertise.
Get the answers and the funding you need with support all along the way.
$150,000
in small business funding facilitated in the last decade.
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50% repeat customers.
75+ lenders
providing broad coverage for small business lending.
*Qualification criteria, rates, and other funding terms will vary depending on the type and location of your business, and upon other factors. This is not a guarantee of funding, and it should not be relied upon as an accurate assessment of the availability or terms of the represented funding products.
How much can I qualify for?
Not sure what you need or what funding options are best for you? Use our simple calculator to get a rough idea of your options with no commitment, and apply when you’re ready.
Lendio knows the daycare small business.
Whether you’re looking to expand your daycare business or alleviate your short-term working capital needs, we have the loan product your daycare needs to not just succeed, but to thrive. At Lendio we’ve partnered with the best lenders offering the best loans, so you don’t have to waste time finding the perfect loan and can get back to doing what you do best—running your daycare business.
Bridge capital between enrollment shifts
Purchase supplies, furnishings and equipment
Refinance existing debt
Pay your staff
Invest in marketing
What type of commercial real estate funding is best for your business?
These are the most popular types of funding that other daycare-based businesses qualify for through Lendio.
Revenue-Based Financing
Access funding based on your future revenue and repay with regular payments.
Accounts Receivable Financing
Convert unpaid invoices into immediate cash flow by selling your accounts receivable to a third party.
Business Term Loan
Borrow a lump-sum with a set repayment schedule, and get funding quickly with online options.
What types of business loans are available to daycare businesses?
Revenue-based financing
Also called a business cash advance, revenue-based financing allows business owners to borrow money based on expected future revenue. The money is then repaid through daily or weekly withdrawals from the business’ bank account.
Term Length
1-15 months
Max Loan Amount
$1 million
Debt financing
Debt financing is a more traditional loan product, as borrowers receive the borrowed amount in one lump sum and then make regular monthly payments until the loan amount is paid back. For business owners, debt financing comes in two forms: term loans and SBA loans.
Term Length
6 months-25 years
Max Loan Amount
$5 million
Line of credit
A business line of credit works basically the same as a credit card: interest is only paid on money borrowed, and the available credit renews as the principal is paid down. Business lines of credit come with higher borrowing amounts and lower interest rates, which makes them a good financial tool for any business owner with general, intermittent capital needs.
Term Length
6-24 months
Max Loan Amount
Up to $250,000
FAQs
Find answers to some commonly asked questions in the daycare industry.
What is a daycare loan?
Daycare loans are business loans that are intended for general capital needs or major investments in a daycare. Once taken out, monthly payments are required until the full loan amount is repaid.
What are the requirements to get a daycare loan?
To get a loan through the Lendio platform, daycare business owners should meet the following minimum qualifications:
- A credit score minimum of 600
- Monthly revenue of $8,000 or more
- Time in business of at least six months
What are the benefits of an online loan marketplace?
Through a lending marketplace like Lendio, a single application connects you with a network of lenders, so you can quickly find the right loan option for your daycare business. A funding manager will guide you throughout the application and funding process.
What is an SBA loan?
SBA loans are insured by the federal government, but are fulfilled by standard lenders. Because they are insured by the federal government, lenders are able to offer borrowers lower rates and higher loan amounts. The difference between an SBA loan and a standard term loan is that SBA loans are typically harder to qualify for and can take longer to process.
What are the different types of SBA loans?
Business owners should be aware that there are three types of SBA loans, each of which has a unique purpose. Microloans are for small capital needs, with loan amounts that range between $500 and $50,000. 504 loans are for large capital needs and are intended for large asset purchases, such as long-term use manufacturing equipment. Both it and the 7(a) SBA loan are available for amounts up to $5 million. The difference between the 504 and the 7(a) is that 7(a) can be used for general capital needs and does not require a major asset purchase.
Ready for funding?
See what you can qualify for on the Lendio Marketplace.