The Philadelphia Early Childhood Education Loan Fund offers early childhood education providers in Philadelphia the ability to maintain quality, sustain unforeseen circumstances, and build out better financial practices. These loan funds are structured to offer maximum flexibility through below-market, fixed interest rates; flexible repayment provisions (including fully amortizing loans that do not constrain operator cash flow and carry no prepayment penalties); and minimal collateral requirements.
Loans from $5,000 to $50,000* are available to support a broad base of working capital needs and facility improvements or upgrades.
Interested applicants should complete a contact sheet and provide information about their proposed project. Please email the completed form to karen.bustard@reinvestment.com
* A very limited number of loans greater than $50,000 may be made available on a case-by-case basis for facility improvements or as a short-term bridge loan for contracted slots, but will need to meet additional criteria.
All loan applicants must meet the following program requirements:
This program is currently in a quiet period and not accepting new applications. Please check back for program updates in fall 2024.
If you would like to get on the pipeline for potential future loan opportunities, please complete a Contact Sheet and provide information about your proposed project. Please email the completed form to karen.bustard@reinvestment.com.
Contact Sheet for future loan opportunitiesFor more information, contact Karen Bustard