Milestones Early Learning Center

Borrowers acquired a closed pre school with seller financing. In a year the borrowers had gone from zero students to 149, the max their licensing allowed and afterwards a big bank provided an SBA loan to take out the seller financing. Several years later the borrowers wanted to expand their pre-school by constructing a facility that was twice the size of the existing facility. The borrowers financing request was too great for both big banks and local banks to gain comfort. I found a non bank lender from another state that was looking for large projection deals to be financed with the SBA 504 program. One year after the completion of construction the borrowers hit their new student capacity of 300 children. They are the largest preschool in Northern NV.