Child Care Financing Program

The children in your care deserve the best. Imagine new playground equipment, lockable cabinets, cribs and books. When you improve your learning environment
with upgraded equipment and educational materials, you help to increase safety and advance learning opportunities.

You can make improvements with a zero interest loan from the Child Care Financing Program. If you own a qualifying child care center or a family day home, you have up to seven years to repay that loan– while the children you serve enjoy a safe, healthy and nurturing environment.

Now that’s a big investment.


Child Care Financing Eligilibilty

Step #1: Ensure Your Eligibility

To begin, make sure you are (all 3):

  • Doing business in Virginia
  • In good standing with Licensing or Child Care Subsidy programs
  • Able to demonstrate repayment capability


If you have a Child Care Center, make sure you are one of the following:

  • Licensed by Virginia Department of Education (VDOE)
  • Certified by VDOE (preschools only)
  • Religious-exempt


If you care for children in a Family Day Home, make sure you are one of the following:

  • Licensed by VDOE or operating under a local ordinance
  • Participating in the Child Care Subsidy Program
  • Voluntarily registered
  • Part of a licensed family day care system
  • Participating in the USDA Food Program

Step #2: Determine How You Will Use The Funds

The Child Care Loan may be used for:

Purchase of items and completion of improvements directly related to the health, safety, and welfare of the children and overall learning environment.


  • Infant care equipment
  • Fencing and playground equipment
  • Resilient surfacing of playgrounds
  • Tricycles
  • Tables and chairs
  • Locakable cabinets; child cubbies
  • Cribs; cots; blankets
  • Books


MINOR remodeling or upgrades to the child care facility necessary to comply with VDOE health and safety standards.

Subject to review by the Virginia Department of Education. 


  • Building changes to meet requirements for children with special needs
  • Upgrades to increase building functionality


Purchase of qualified transportation equipment (centers only)

Step #3: Review Terms For Your Loan

  • Family Day Home providers may borrow up to $15,000 for repayment up to 7 years
  • Child Care Centers may borrow up to $150,000 for repayment up to 7 years 
  • Child Care Centers may borrow up to $250,000 for repayment up to 10 years


At this time, no interest or fees apply.

Step #4: Apply For Funding

Funding is provided by the U.S. Administration for Children and Families through The Virginia Small Business Financing Authority (VSFBA), in partnership with the Virginia Department of Education. To learn more or apply for a loan, contact the VSBFA:


phone:  (804) 786-1049

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