- Published: Wednesday, 13 February 2013 16:00
For Corey Britt, the founder and owner of Fresh Start Day Care Center in Chicago, a partnership with Urban Partnership Bank is literally opening new doors for his business.
Since Britt established Fresh Start in 2000, the center has operated with an inspired vision of what a child care center could be. “Unlike a lot of day care centers or child care providers, we advocate learning,” Britt says. “We have a robust curriculum, with lesson plans and planned activities.”
It is a model that has proven very successful. When Fresh Start opened in 2000, it served three children. By 2012, it had grown to approximately 300 kids and employed a staff of 45 at two locations, in Chicago’s Austin and Galewood neighborhoods.
Now, thanks to an SBA 504 Loan provided by Urban Partnership Bank and nonprofit lender Growth Corp., Fresh Start is continuing to expand. The loan enabled the organization to purchase and renovate a 7,500-square foot building in Berwyn that will serve as its third location. Britt anticipates that his new location will provide much-needed services for 140 kids and create more than 20 new jobs.
As an Urban Partnership Bank business customer, Britt credits the bank with helping him realize his dream of building a successful business. He especially appreciates the flexibility and personal service that Urban Partnership Bank showed throughout the process of getting the loan. “They’re great relationship bankers,” he says.