Finance Options for Independent Schools
First Point Group can provide finance options for Independent Schools. Below is a brief summary / example:
Loan Purpose:
Our Consultants can provide funding options for independent (non-government) schools carrying government accreditation with more than 150 students.
Maximum Loan Amount:
Based on the school’s ability to service debt (gross interest cover requirements must be met as per transaction risk appetite guidelines).
Gross interest cover (EBITD/interest paid) must be > 2x
Loan Term:
20 years
Security:
A mortgage over the school’s real estate and a General Security Agreement (GSA) over the school’s property and operation.
Please contact us to discuss any opportunities.