A Strong Partnership for Success Between New City Schools and Charter School Capital
With so many choices for where go to access financial resources for your school, it’s important to select the right one for you. At Charter School Capital, we believe in the power of charter schools and their leaders to deliver quality education to families across the country. And we’re proud to provide the reliability and stability charter leaders require as they walk their journey to better educate more students today—and in the future.
Please watch and listen as Sabrina Bow, Executive Director, New City Schools, shares her experience working with Charter School Capital during some very difficult financial times for charter schools in California.
This video was originally published Jul 17, 2014. While we are not currently funding New City Schools, we are proud of the way our support helped them meet the needs of their students, parents, and teachers. Our team is dedicated to helping your school become financially stable, successful, and set up for future growth. To learn how other school’s have achieved success by partnering with us, check out our other success stories here and filter by the content type, “School Spotlights”.
Watch the short video to hear Sabrina’s story and find the transcript below. You can learn more about Charter School Capital here.
Sabrina Bow: Executive Director, New City Public Schools:
“We are a small Charter Management Organization in Long Beach, California. We offer a dual language program in English and Spanish, and our focus is on social justice, collaboration, the natural environment, and technology. Charter schools are increasingly having to find other ways of funding. We’ve made commitments to students, parents, and teachers to provide a high level of education and really an all-inclusive second family, if you will, for students.
We’ve made those long-term commitments to be there, and unfortunately, with the state of the economy and the state of deferrals, we find ourselves having to find different options.
Charter School Capital is a financial partner that comes in, understands the school, understands the school leaders. They take the time to do that.
In my experience, Charter School Capital is a financial partner that comes in, understands the school, understands the school leaders. They take the time to do that. They’re able to sit down with us and create a funding plan and be part of our financial plan, provide the technical expertise to schools, and present it in a straightforward way.
There’s always a cost to finance. Some of the criticism has been Charter School Capital, and other providers who purchase receivables are taking advantage of charter schools. I think that that really diminishes the responsibility that charter school operators have to build not only a solid educational program but also to build a solid business infrastructure that supports that educational program.
It’s never been a doubt for me that Charter School Capital is deeply concerned, deeply interested, in the well-being of schools, and beyond the financial well-being is the ability of schools to continue to provide a solid education for students. I’m happy that Charter School Capital is able to work with schools and work with us to help us so that we can continue to meet the needs of our students, parents, and teachers. I view them as a close partner.”
Since the company’s inception in 2007, Charter School Capital has been committed to the success of charter schools. We provide growth capital and facilities financing to charter schools nationwide. Our depth of experience working with charter school leaders and our knowledge of how to address charter school financial and operational needs have allowed us to provide over $1.8 billion in support of 600 charter schools that have educated over 1,027,000 students across the country. For more information on how we can support your charter school, contact us. We’d love to work with you!