SBA Loans for Child Care & Daycare Centers
29,236 SBA loans have funded child care & daycare centers nationwide, averaging $529K across 1,748 active SBA lenders, at an average note rate of 7.1%. SBA 7(a) loans up to $5M fund acquiring a daycare or child care center and owner occupied facility real estate; SBA 504 loans cover owner occupied real estate and equipment with as little as 10% down. PeerSense reads this lending history and sources capital for a child care center.
Published: ·Last updated: ·By Ed Freeman, Capital Advisor. PeerSense
Source: SBA 7(a) and 504 loan records (NAICS 624410), 2000 to present.
29,236
SBA Loans Funded
$529K
Average Loan
7.1%
Avg Note Rate
15 yrs
Avg Term
1,748
Active Lenders
11.9%
Charge Off Rate (resolved loan basis)
What child care & daycare centers use SBA loans for
Where child care & daycare centers get SBA financing
| State | SBA Loans | Capital Deployed |
|---|---|---|
| Texas | 3,376 | $2.8B |
| Florida | 2,664 | $1.8B |
| California | 2,170 | $1.2B |
| Georgia | 1,705 | $1.4B |
| Ohio | 1,313 | $481.2M |
Talk to PeerSense about SBA capital for a child care center.
Tell us your loan amount and use of funds. PeerSense sources capital for a child care center, anywhere in the US.
SBA 7(a) / 504, Child Care & Daycare Centers: The desk will reach out. No obligation.
How child care & daycare centers qualify for an SBA loan
SBA 7(a) loans are the most common path for child care & daycare centers financing acquiring a daycare or child care center. They run up to $5M, fund up to 90% of a project, and amortize over 10 years for a business purchase or up to 25 years when real estate is included. SBA 504 loans pair a bank loan with a CDC debenture for owner occupied real estate and heavy equipment, typically at 10% down.
With 29,236 loans on record across 1,748 lenders and a 11.9% historical charge off rate, child care & daycare centers are a well understood credit to SBA lenders, but not every lender is active in this profession or comfortable with its deal structure. PeerSense reads the lending history and sources capital through a curated network, then stays with you through closing.