We recognize that improving educational outcomes requires more than just money, it requires new approaches. The mission of ACE is to make a bigger impact by expanding and improving educational opportunities in local communities. We are focused on finding SOLUTIONS. Money is not the only solution, but it is a key ingredient for successful schools. In an era of tight government budgets, our job is to help schools raise low cost capital to build and grow their facilities, refinance debt to lower costs, or provide initial operating capital if needed.
ACE relies on both its own internal capital as well as a network of external capital sources to provide financing to schools at all stages, whether at launch, to lease facilities, to buy facilities, or to refinance existing obligations. School financing is not well-understood by traditional lenders, and therefore we can help schools lower their cost of financing by connecting them to pools of capital that support and better understand the cash flows and risks. Charter school financing has too often come with excessively high rates, or strict limitations, and often both. ACE and its principals have placed more than $150 million in debt for charter schools over the last three years, and provided or committed over $5 million in its own capital over the past year, to help alleviate these issues. We also help structure the financing so that schools maintain maximum flexibility, so they have the choice to buy the property outright over time as the school grows and stabilizes, or lease it on a permanent basis.