How to Choose a Lender for Your Charter School
Originally published in National Alliance for Public Charter Schools , October 25, 2021
A loan from a community development finance institution (CDFI) can finance a new facility, allow you to hire new staff, or ensure you have enough cash on hand to run your school effectively while you wait for reimbursement from a government grant. But not all loans are created equal, and choosing which lender to work with can be daunting. How do you decide which CDFI is right for your school?
In this blog post published by the National Alliance for Public Charter Schools, NFF's Dominique Fortune shares three questions she thinks all school leaders should ask when they're searching for a CDFI partner.