Serving our Iowa communities through day care center financing
- Up to 100% financing
- Floating, fixed interest rate adjustable or fixed-for-term
- Available to nonprofits and for-profits
Up to 100% financing Financing to cater to our communities' youngest members
Lincoln Savings Bank goes the extra mile to help Iowa communities and businesses achieve their financial goals. Our team of highly engaged business lenders will work with you to develop business financing solutions designed to fit your community child care center's needs. Lincoln Savings Bank has the expertise in government-guaranteed lending programs your child care center needs to thrive.
Our team of highly engaged lenders will work with you to develop financing solutions designed to fit your needs.
Business Financing Programs
| Community Facilities Program (USDA) | Business & Industrial Program (USDA) | SBA 7(a) Loan | |
|---|---|---|---|
| Project Size | Up to 100% financing on up to $100 million | Up to 100% financing on up to $25 million | Up to 100% financing on up to $5 million |
| Loan Term/Amortization | Up to 40 years | Up to 40 years | Up to 25 years |
| Interest Rates | Floating, fixed rate adjustable or fixed-for-term | Floating, fixed rate adjustable or fixed-for-term | Floating, fixed rate adjustable or fixed-for-term |
| Borrow Type | Non-Profit organizations & public bodies/municipalities | For-Profit or Non-Profit businesses | For-Profit entities |
| Eligible Markets | Population < 50,000 | Population < 50,000 | No restrictions |
| Potential | 80% Guarantee | 80% Guarantee | 75-90% Guarantee |
Community Facilities Program (USDA)
- Loan Term/Amortization
- Up to 40 years
- Interest Rates
- Floating, fixed rate adjustable or fixed-for-term
- Borrow Type
- Non-Profit organizations & public bodies/municipalities
- Eligible Markets
- Population < 50,000
- Potential
- 80% Guarantee
Business & Industrial Program (USDA)
- Loan Term/Amortization
- Up to 40 years
- Interest Rates
- Floating, fixed rate adjustable or fixed-for-term
- Borrow Type
- For-Profit or Non-Profit businesses
- Eligible Markets
- Population < 50,000
- Potential
- 80% Guarantee
SBA 7(a) Loan
- Loan Term/Amortization
- Up to 25 years
- Interest Rates
- Floating, fixed rate adjustable or fixed-for-term
- Borrow Type
- For-Profit entities
- Eligible Markets
- No restrictions
- Potential
- 75-90% Guarantee