Daycare Funding
There are more than 635,000 daycare businesses in the United States, with the childcare industry valued at $54 billion. Running a daycare requires significant investment in staff, facilities, and supplies to maintain high-quality care and stay competitive. Secure up to $500,000 in funding from NextGen Capital in as little as 24 hours to help grow and enhance your daycare center.
Reliable Daycare Funding:
The childcare industry faced revenue declines during the COVID-19 pandemic, but with an increasing number of dual-income households, it is expected to recover and grow. This presents both challenges and opportunities for daycare businesses looking to stand out in a competitive market.
Parents seek the best possible care for their children, whether through early education programs, after-school services, full-day childcare, or specialized infant care. While traditional lenders may offer funding to daycare centers with stable revenue and a strong financial history, the application process can be lengthy, requiring extensive paperwork with no guarantee of approval.
With a simple online application and flexible approval criteria, NextGen Capital can approve more daycare funding than traditional lenders—and at a much faster pace. Funds ranging from $3,000 to $500,000 can be deposited in as little as 24 hours. Our funding solutions support a variety of daycare businesses, including home daycares, large daycare centers, and specialized childcare services.
Daycare Funding Solutions
Our friendly, expert Funding Advisors will work with you to determine which funding option will help you
achieve your goals without compromising your daycare’s cash flow.
Merchant Cash Advance
You get working capital when you need it. We’ll receive a percentage of your daily or weekly credit card sales until the advance is repaid.
Invoice Factoring
Sell us your pending invoices in exchange for the net amount in cash. You’ll receive the balance of the invoices’ value when we receive payment (minus our fee).
Collateral Loan
A secured loan that uses commercial real estate to reduce risk. Because the loan is secured, you may be approved for larger loan amounts with lower rates and fees.
Business Line of Credit
Borrow as much or as little as you need without the obligation of a fixed term loan. Draw and repay as you go, and only ever pay interest on the amount you've borrowed.
How To Use daycare funding:
There are no limitations on how daycare funding from NextGen Capital can be used. It is most effective when applied toward growth initiatives that increase revenue and improve service quality, such as:
- Implementing direct invoicing and online payment systems
- Providing ongoing education and training for staff
- Hiring additional employees to meet demand and expand enrollment capacity
- Offering educational resources and support for parents
- Upgrading daycare equipment, including furniture, toys, and technology
- Renovating facilities to enhance safety and create a better learning environment
- Installing security systems like CCTV cameras for improved monitoring
- Investing in marketing strategies to increase referrals and enrollment
Will You Qualify for Daycare Funding?
Exact qualification requirements depend on the type of daycare funding you are seeking. Approval for daycare funding from NextGen Capital isn’t based solely on your credit score or financial history. Instead, we focus on the overall health of your daycare center, including:
- Business revenue
- Cash flow
- Vendor payment history
- Years in business
- Public records
How daycare funding Works:
Daycare Funding Q & A:
Absolutely! Enhancing your technology and software to streamline client invoicing and payment processing is a smart way to use daycare funding. Investing in these upgrades can improve efficiency and customer satisfaction while making payment collection more convenient.
Traditional banks often take weeks or even months to process loan applications, and many daycare businesses are denied funding due to industry risks. As an alternative lender, we offer more flexible approval criteria and faster processing times. In most cases, funding can be approved within 24 hours, helping you cover operational expenses, supplies, and other essential costs without unnecessary delays.
Yes! Expanding your daycare center by bringing in more qualified staff is an excellent use of funding. We offer multiple financing options to support business growth, including invoice factoring, merchant cash advances, and collateral loans. Speaking with a Funding Advisor can help determine the best funding solution tailored to your daycare’s specific needs.
Daycare funding can be utilized in various ways, including hiring and training staff, investing in marketing and advertising, purchasing equipment and software, renovating facilities, and expanding service offerings. Consulting with a Funding Advisor can help ensure you allocate your funds in the most effective way to maximize business growth and sustainability.
