The Childcare Capital & Infrastructure Fund offers low-interest loans to childcare providers in rural Colorado, helping to expand the availability of affordable, high-quality childcare. The fund enables new and existing childcare providers to access financing to secure properties, expand operations, and renovate outdated facilities to meet the growing demand for services.
Eligibility:
- Business must derive the majority of its revenue from childcare services or activities
- Applicants must be located in a rural area in Colorado
- Applicants must have proof of proper license to run a childcare facility in Colorado from the Colorado Department of Early Childhood (CDEC)
- Family, Friend, and Neighbor (FFN) are also eligible
- Family, Friend, and Neighbor (FFN) are also eligible
- Any new business (in operation less than 3 years) will be required to show evidence they have participated in some form of technical assistance prior to loan application
Loan details:
- Max loan amount: $2,000,000
- Rate: 3-6+%, depending on loan amount
- 90-day payment deferral (as needed)
-
5–25 year terms
All loans are subject to credit approval.