Finance Options for Child Care

First Point Group can provide finance options for investors / owners of Child Care Centres. 

Below is a brief summary: 

Loan Purpose: 

Our Consultants can provide funding options for Child Care Centres looking to finance any of the following: 

  • Purchase of existing Child Care Centre 
  • Purchase of additional Child Care Centre  
  • Converting commercial or residential premises into Child Care Centre  
  • Child Care Centre being built by applicant  
  • Superannuation contributions

Maximum Loan Amount:   

Freehold Premises:  

Purpose Built: up to 70%  

Greenfield: up to 60% 

Converted Residential: up to 80% 

Leasehold Premises: up to 70%  

Existing/Greenfield: up to 35% of a going concern valuation by a bank instructed Valuer. 

Loan Term: 

Freehold: Purpose Built or Converted Residential: 15 years 

Leasehold:  the lessor of 10 years, or within initial loan term  

Security:

Partnership/Firm: : Mortgage over Freehold premises or Mortgage over Leasehold premises, Specific Security agreement (SSA)  

Company: Mortgage over Freehold premises or Mortgage over Leasehold premises, General Security Agreement (GSA), Directors’ Guarantees. 

Please contact us to discuss any opportunities.