Capital CDC and Green Bank Finance Kids ‘R’ Kids in The Woodlands, Texas

September 03, 2014
Tags: small business, sba 504 projects, small business financing, sba 504, loan examples, financing, successful projects, sba, small business refinance, capital cdc, vetloan advantage, kids'r'kids, thewoodlands

Childcare franchise Kids ‘R’ Kids International was incorporated in 1985 in Atlanta, Georgia and currently has 150 operating academies in more than 12 states, with one international center opening soon. Kids ‘R’ Kids is now one of the fastest growing, most successful childcare franchises in the United States.

Using the SBA 504 Loan Program and VetLoan Advantage, James and Tracy Reece were able to acquire The Woodlands Kids ‘R’ Kids location in the fall of 2013.

The VetLoan Advantage program allows Capital CDC to waive a portion of the processing fee for SBA 504 eligible veteran-owned businesses with over 49% veteran ownership.

James Reece, a retired Army Commissioned Officer with over 23 years of operations, management and leadership experience, combined with Tracy Reece, a gifted accountant, have their sights set high. Mr. and Mrs. Reece commented, “Our goal is to become the leading childcare provider in The Woodlands, Texas area. We will accomplish this by providing an environment that will allow children to develop as a whole - through cognitive, emotional, social, and physical development.” 

James and Tracy make sure that every child that comes through their doors is not only in a high-caliber academic environment, but also a loving and nurturing environment. They believe in hugging first and teaching after. James and Tracy also make sure their doors are never closed to any child, which is why their business is expanding so rapidly. 

With their discipline and relentless work ethic, they hope to expand into multiple markets.

Capital CDC is thrilled for James and Tracy Reece and thankful for Green Bank’s partnership to get this project financed.
For more information and reservations, please visit www.kidsrkids.com

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