The Child Care Capital & Infrastructure Fund offers low-interest loans to child care providers in rural Colorado, helping to expand the availability of affordable, high-quality child care. The fund enables new and existing child care providers to access financing to secure properties, expand operations, and renovate outdated facilities to meet the growing demand for services.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 child care services or activities
- Applicants must be located in a rural area in Colorado
- Applicants must have proof of proper license to run a child care 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.