The COVID-19 pandemic caused a decline in revenue for daycare businesses in 2020, but the childcare industry is projected to rebound and small businesses will continue to dominate the daycare landscape in Canada. That means there’s lots of competition—and lots of opportunity for your daycare business to grow.
Parents expect the highest level of care for their children, whether you offer early education programs, after school care or all day child care, or specialized care such as infant care. With stable revenue and a strong financial history, you may be able to get funding you need from a traditional lender, but the application process can take months and requires extensive paperwork, all with no guarantee of approval.
With a streamlined online application and flexible approval requirements, Greenbox Capital® can approve more daycare funding than traditional lenders—and we can approve your funding faster, with funds deposited in as little as 24 hours. With several daycare funding options from as low as $3,000 up to $500,000, Greenbox Capital can help grow businesses in all specialties, including home daycares, daycare centres, specialized care, and more.