From Spreadsheets to Sandpits

A First-Time Childcare Adventure

The Game

Two brothers who usually crunch numbers for a living, and their tech-savvy mate, decided to swap balance sheets for building blocks. Their mission? Buy their very first childcare centre – the whole package: freehold and going concern.

The Crayons

Early on, they realised this wasn’t going to be child’s play. Banking, funding, compliance, and day-to-day management were all new territory. So, they teamed up with one of Brisbane’s biggest childcare operators to help keep the crayons inside the lines. Great idea, right? Well, not according to a few banks who weren’t quite as enthusiastic.

That’s when we stepped in. Our challenge: secure up to 70% of the purchase price at a competitive rate. We hit the market, negotiated hard, and delivered. The result? Approval and settlement for 70% of the centre and business cost, with a rate in the 5s – all thanks to a second-tier lender backed by a major bank.

Now, these brothers and their IT friend are officially in the childcare game, proving that with the right support, even accountants can build castles in the sand.

Picture of Steve Donnell
Steve Donnell

As one of the founding members of ‘ClearPath Financial Management (CFM)’, Steve brings a wealth of experience and knowledge to his role as a ‘Trusted Advisor’ to his clients.

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We’d love to chat!