Financing Private Schools; Long term Loans in the Industry
Education and knowledge is power. That being said, giving children access to good education reduces poverty and inequality, increases life expectancy, and gives women and girls more decision-making power. However, 617 million children worldwide are not meeting basic proficiency levels in reading and mathematics — or are not in school at all. When children lack good education, it perpetuates poverty and global inequality, generation after generation.
Financing and investment in private schools helps in providing affordable, quality background in the industry by connecting private sector finance to education providers in low- and middle-income countries.
we are tackling the global education crisis and helping more children attend better schools.
Initial Cost for Investment and Financing a Private Schools.
While implementing a construction of new school, it is general rule determining how much money needed to finance a new school. For instance, if you’re expecting to collect $50,000 in tuition twice per year, you should have about $50,000 in start-up funds to keep your school running until the tuition money comes in. If you plan to collect the $100,000 all at once, experts recommend having $100,000 in start-up money to tide you over until all the tuition has been collected.
Source of Financing and Investment for Private Schools
Personal Funding: It is interesting to note that a good source to finance a private school is though a personal savings which you’re willing to invest it until the time comes that you can pay yourself back. Be sure to keep detailed records and set yourself a reasonable timeline or milestone at which point you’ll pay yourself back.
Grants: Getting funds through grants can be relatively difficult, but can result in helpful contributions to your school. Our private capital financing listing includes some good starting points for researching grants available to private schools.
Government: The Small Business Administration offers some funding opportunities for starting a small business, but the criteria can be quite stringent. It is worth investigating if you qualify, but know that it is difficult to make this your primary source of funding.
Commercial Banks and Financial Institutions: Acquiring funding through a business loan or line of credit can be a good option but requires planning. Most lenders will want to see a detailed business plan, as well as some kind of collateral as assurance you’ll pay them back.
If you are considering construction of a large private school, make Havelet Finance Limited your first option. We have the capacity to finance your project on affordable 2% annual rate.
Contact Havelet Finance Limited for all kinds of Loans.
Our Service Includes;
• Loans in euros or other currencies at the request of the client.
• The maximum amount of financing is up to 100% of the investment cost.
• Corporate refinancing of both operating and under construction enterprises.
• Long term and flexible payment schedule.