CONCORD – Merrimack County Savings Bank is committed to strengthening our communities experiencing a childcare crisis with the launch of its CareWork Loan Program, designed specifically for licensed childcare providers. Working in partnership with A Place to Grow, the CareWork Loan Program offers financing and support needed to operate a successful childcare center.

“The lack of affordable childcare is a top concern among the communities we serve,” said James Gallagher, senior vice president at The Merrimack. “To address the growing issue, we had to think outside the box to create a program that not only supports childcare providers but families in New Hampshire.”

Whether you’re just starting out or looking to expand services, The Merrimack can help provide the capital needed to jumpstart a business, purchase equipment or cover operational expenses. Created with childcare providers in mind, the CareWork Program empowers growth without the fear of not being able to make ends meet.

“Solving the childcare crisis will require a lot of out-of-the-box thinking, as traditional lending programs just don’t work for early childhood educators,” said Jennifer Legere, founder and director of A Place to Grow. “By partnering with experts in the industry, like A Place to Grow, The Merrimack is able to support those who would like to transition from worker to owner/entrepreneur.”

To learn more about the CareWork Program, visit themerrimack.com/childcare-financing/.