The educational path for many children and young adults isn’t as simple as generations past. They don’t just go to one elementary school, high school, or attend a traditional university. Additional resources are required to meet their unique needs or foster their talents. This is the purpose of private learning institutions, including music schools, aviation schools, cooking schools, driving schools, or the increasingly popular trade schools.
The heightened demand for private learning institutions cannot be satisfied without sufficient funding. There’s the matter of obtaining significantly more equipment and learning materials, all of which must be up-to-date so students can apply their skills in the real world. This is especially costly for schools that prepare students for careers in fields like manufacturing or computer science. Should the ongoing demand for their services increase any further, it’s safe to say many private learning institutions will likely be forced to find larger physical spaces.
But despite the aforementioned increase in popularity, there are still plenty of parents who are not aware of today’s institutions’ capabilities and accessibility. Therefore, these businesses must ramp up their marketing efforts so parents can understand all the education-related options currently available for their children.
United Capital Source has many years of experience facilitating Small Business Loans for Private Education Centers across America. Contact us today for your FREE business funding consultation!
Since private learning institutions are known for having limited funds at their disposal, they might assume their options for small business loans are slim. At United Capital Source, however, we work with myriad businesses facing similar predicaments. Borrowers do not have to be heavily capitalized, nor does their cash flow have to be perfectly consistent throughout the year. This allows us to facilitate various types of business loans when clients are in their slow seasons but must prepare for upcoming busy periods, such as the beginning of a school’s first semester.
We also understand that the largest investments of private learning institutions (equipment, apprenticeships, property) do not immediately produce revenue that could be used to pay off the debt. Our famously flexible terms can be adjusted so that the business is not expected to make substantial payments right away. Extensive marketing campaigns, for example, will bring in more students over time. We may be able to negotiate a repayment system that bases payments on the number of students enrolled at different periods.
Some of the most successful private learning institutions are franchises like Mathnasium. However, the cost of opening a new center is much higher than when the first Mathnasiums were opened nearly 20 years ago. This is why UCS offers special franchise business loans designed to help cover numerous operating and expansion costs, such as the notoriously outrageous “franchise fee.”
Franchises can find themselves in cash flow crunches due to a confluence of factors like seasonality, required refurbishments, and mandatory marketing deductions. When multiple expenses pile up simultaneously, our franchise business loans can save you from having to dig too far into operational funding or endangering profitability. Mandatory expenses aren’t always imposed at the most convenient time, but we can help you cover these expenses and repay the debt when it is most convenient for your financial cycle. Apply now to see how much you qualify for!
| LOAN TYPES | MAX AMOUNTS | RATES | SPEED |
|---|---|---|---|
| Merchant Cash Advances | $5k – $1m | Starting at 1-6% p/mo | 1-2 business days |
| SBA Loan | $50k-$5.5m | Starting at Prime + 2.75% | 8-12 weeks |
| Business Term Loan | $10k to $5m | Starting at 1-4% p/mo | 1-3 business days |
| Business Line of Credit | $1k to $1m | Starting at 1% p/mo | 1-3 business days |
| Receivables/Invoice Financing | $10k-$10m | Starting at 1% p/mo | 1-2 weeks |
| Equipment Financing | Up to $5m per piece | Starting at 3.5% (SBA) | 3-10+ business days |
| Revenue Based Business Loans | $5K – $1m | Starting at 1-6% p/mo | 1-2 business days |
