BAMBINOS BOUTIQUE DAYCARE LTD
Bambinos Boutique Ltd is an award-winning, multi-site daycare that has been operating successfully for over eight years, under the skilled and experienced management team of Directors, Keri and Warren Jackson. They're returning Crowd2Fund clients with a perfect repayment history. They've built a reputation for excellence in early-year education and care, understanding the unique needs. Bambinos Boutique Ltd is now seeking funds for expansion and working capital.
Nurturing Little Minds, Shaping Bright Futures
At the core of our success are the exceptional services we provide, coupled with the unwavering trust we've earned from parents, carers, and professionals in the sector. We take pride in offering nutritious meals with a 5-star Food Hygiene rating, ensuring the health and well-being of the children. Our educational approach is not only excellent but also aligns with the Early Years Foundation Stage (EYFS) framework, guaranteeing the highest standards of learning and development. We understand that recognizing similarities and embracing differences not only enhances their learning experience but also cultivates valuable life skills. Each child progresses through their individual learning journey at their own pace, supported by our compassionate educators who tailor their approach to cater to each child's unique needs and learning style.
In 2016, Bambinos Boutique Ltd was honoured to receive the Step into Quality award, a testament to our unwavering commitment to delivering top-notch childcare and education. Our approach revolves around creating a nurturing and purposeful environment for the children, with a focus on recognizing and celebrating their uniqueness. Every child is an individual, with their own characteristics and temperament, and we firmly believe in their right to be included and respected. This principle has guided us in building strong and secure relationships with each child and their families, fostering their development at their own pace along a fulfilling learning journey. We are currently seeking funds for expansion and working capital.
The directors are providing a personal guarantee, which means that if the business fails the directors become personally liable for the loan. The funds will be used to repay a loan from Funding Circle, so the total indebtedness will not increase. C2Fs policy is to allow up to 67% of the advance to refinance debt. We have made an exception in this case noting that this is an existing customer. As part of the agreement made with the directors, this C2F loan will directly settle the Funding Circle Loan and with reduced payments will improve the business’s cash flow and consequently limit the risks to C2F investors. Both of the directors are homeowners, however, this does not ensure that there are sufficient assets should the loan need to be recovered. We have identified personal indebtedness and guarantees for loans made to the business will not be covered by the equity in the director’s property. This is a credit policy exception but is mitigated by the fact that the customer has a high level of debt serviceability.
As the majority of lending to the business is at a fixed rate, they will not be immediately affected by interest rate increases.
Where will the funds go?
"Nurturing Little Minds, Shaping Bright Futures"