Financing Your Child Care Dream
We understand the passion and dedication it takes to provide quality child care.
Your Experience
- Slim profit margins with specialized staffing needs
- Traditional lenders overlook your unique business model
- Struggling to build financial stability despite your essential role in local economies
FCF is the only national lender that works exclusively with child care businesses.
Our Commitment to You:
We offer innovative, sustainable, and flexible loans backed by a dedicated team that walks with you:
From your first call…
through understanding your story...
to closing your loan...
all the way through repayment.
We’re here, even when your story has a few rough chapters.
How You Can Use Your Loan
Facility Improvements
Heating and Cooling Systems
Flooring
Fencing and Sheds
Learning Materials, Equipment, and Toys
Playground Equipment
Furniture and Appliances
Business Operations/Working Capital (including payroll)
Training and Professional Development
Computers and Software
Purchasing Land and/or Facility
(often with additional funding partners)
Loan Details
Loan Amounts
- Family Child Care Businesses: Up to $25,000
- Center Child Care Businesses: Up to $125,000 ($50,000 max for start-ups)
- Start-up Definition: A child care business that has been in operation for two years or less
Interest Rates and Fees
- Interest rates start at 8% and are determined during underwriting.
- Factors that can affect the interest rate include past credit history and collateral available.
Application Fees
- Family Child Care: $25
- Center Child Care: $100
Closing Fees
- Processing fee: 1 percent of total loan amount
- Any third-party fees
Important Considerations Before Applying
- The process from first contact to loan closing takes time
- Reach out early and start conversation now to ensure funding when needed
- Cannot proceed if you’re in legal proceedings
- Cannot proceed with recent bankruptcy (However, 24+ months after discharge can be considered)
- Cannot proceed with outstanding tax obligations
- We review your credit history
- No minimum credit score requirement
To get started, contact Lending Support Navigator Haley Ramsey by calling her directly at 612-223-7239 or by sending her an email. You can also utilize the form below.