Helping daycare centres grow

Your business partner
Your daycare centre. Your brainchild and creation. Your budding career. You want to see it grow and achieve its full potential, so that you can take care of what really matters. So that you can thrive. Are you ready to take on the challenge? If so, we re ready to guide you.

At Laurentian Bank, when it comes time to support and inform you, we do our homework. Transferring knowledge is something we know all about. Whether you re looking for financial advice, management tools or business solutions, our understanding of the market and our resources will help you achieve your goals.

Ready to do more to grow with you
Our specialized services were designed for two purposes: to optimize your business and maximize your success. To do so, we take great care in looking after your financial well-being. We do this with a dynamic, proactive, humane and innovative approach. The formula is simple: the more we do, the more you’ll have the means to go further. Are you ready?

Benefits of doing business with our team
- An expertise tailored to businesses
- Account managers who are available to guide your actions and help you make the right choices
- Flexible and customized financing solutions
- An alert team capable of reacting quickly

Finding funds is no child’s play. However, a well thought-out and well crafted business plan managed by passionate, committed people will always find funding. With these conditions, anything becomes possible. So, open your daycare centre. Expand your operations. Take over an existing centre. Buy a property or build something new. Whatever your dream, you can make it happen.

When it comes to financing solutions that will maximize your business and simplify its management, we do not limit your choices to just one. Whether you’re thinking short term or long term, we can offer you a solution customized to your situation.

Type Solution Uses

Short-term financing

Line of credit

  • Purchase of supplies and other goods
  • Payment of short-term accounts payable
  • Settlement of various operating expenses
  • Fulfillment of operational needs

Long-term financing

Term loan
Financing of daycare operations

  • Purchase of equipment
  • Modernization of equipment

Term loan
Real estate financing

  • Purchase of real estate for an expansion or relocation
  • Opening of a new location
  • Purchase of land for a construction of a new building

Term loan
Leasehold improvements

  • Modernization of facilities
  • Renovation of existing facilities for an expansion

The conditions that apply to each solution will depend on its use. For the primary solutions,
pricing will be determined according to the value of your collateral, the financial health of your
daycare centre, and its growth potential. Your capital, meanwhile, will be reimbursed based on a term related to the useful life of the assets you acquire.

Are you ready?
Have your plans been well thought out and your needs well defined? Talk to our Account Managers.

David Bonneville
Assistant Vice President, Business Centre
514-789-2734, ext. 283