Industry
Childcare Business Loans
We help education companies, private schools and child care businesses secure SBA loans
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Growing a childcare center is no small feat when it comes to finding financing
Childcare centers face rising overhead costs—higher rent, competitive wages, and constant facility upgrades (not to mention safety padding for those inevitable tumbles). Parents expect top-tier programs, modern facilities, and advanced learning tools, adding to the financial strain. On top of this, evolving state and federal regulations require regular compliance updates.
With demand for childcare services rising as more parents return to the office, many providers are eager to expand or enhance their services—but how can they fund growth when cash flow is tight?
Childcare demand is booming – and so can your business!
The good news is that childcare demand is booming—and so can your business! Recent research has shown that:
- More parents, especially single and working mothers, are returning to the office
- There is increased support from state and federal programs offering assistance to families
- The childcare market value is expected to grow 4.3% to $88.22 billion by 2033
To keep pace, childcare providers need access to capital for growth and improvements. SBA loans, backed by the U.S. government, offer affordable financing for everything from renovating facilities and upgrading safety features to expanding locations or buying equipment. SBA 504 loans are ideal for purchasing property or upgrading equipment, while SBA 7a loans are great for short-term needs like licensing and working capital.
First Bank of the Lake specializes in SBA 7a and 504 loans designed to cover everything from working capital and facility upgrades to purchasing equipment or even acquiring another childcare center. We’ve worked with childcare businesses of all sizes, so we understand your industry’s unique challenges—and we’re here to help you navigate them. With over $1.1 billion in SBA financing provided to small businesses across industries, we have the experience to help you secure the funds you need to grow, all with a friendly, professional approach.
The Numbers
in Loans 2024
Largest SBA Lender^
Small Businesses Helped 2020-2024
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The First Bank of the Lake rep and I bonded over faith, fishing and finance. They got my loan done in under 30 days in very, very trying circumstances.
Issac Reed
President, Reed’s Moving Services
If we ever need business capital, my first call would be to First Bank of the Lake. Why would I look elsewhere?
Barry Norfleet
Co-founder, Lifetime Green Coatings - Kentucky
I got my $345,000 SBA loan approved from First Bank of the Lake in 35 days!
Kasia Anderson
President, Woof Gang Bakery - Bradenton, FL
First Bank of the Lake was the best banking experience I have ever had.
Andy
Co-founder, President, Winter Park Ski Rental
The bank process was as easy it could be. The biggest thing is how transparent and reliable they were.
Tyler Green
Co-founder, President, Freelite AZ
My First Bank of the Lake rep was great – Easily the finest banker I have dealt with in my life.
Dan Billings
President, Tint World - San Antonio
Big thanks to Emil and the First Bank of the Lake team. I would recommend them to anyone else in a heartbeat and I would absolutely use them again.
Rock Katic
President, Perfect Moving
SBA Industry Loans
Talk to an SBA Childcare Business Loan Expert Today
We made $600MM in SBA loans in the last year alone
