FINANCIAL_SERVICESPENDING

Columbia Bank proposes $25M credit line to Aspire

Aspire Public Schools received a term sheet from Columbia Bank for a $25 million, 12‑month working capital revolving line of credit secured by a pool of eleven charter schools with LCFF intercept. The proposed facility features a Prime-based floating rate, interest-only payments, and financial covenants including minimum coverage and liquidity requirements.

Status
PENDING
Document date
November 24, 2025
Contract type
FINANCIAL_SERVICES
Vendor
Columbia Bank
Agency
Aspire Benjamin Holt College Preparatory Academy District · CA

Trusted by teams at

Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
$25,000,000
Contract type
FINANCIAL_SERVICES
Contract term
12 months
Renewal
This term sheet relates to a renewal of an existing revolving line of credit; renewal documents will be prepared subject to Columbia Bank’s underwriting and credit approval. The facility is structured as a 12‑month revolving line with an expectation of periodic renewal, subject to compliance with covenants and bank approval.
Document type
Proposal
Source document
Aspire Benjamin Holt College Preparatory Academy District Proposal Term Sheet 2025-11-24

Related contracts

Other contracts from Columbia Bank.

View all →

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Aspire Benjamin Holt College Preparatory Academy District?

Columbia Bank was awarded this financial services contract by Aspire Benjamin Holt College Preparatory Academy District, as recorded on November 24, 2025. The contract value is $25,000,000.

How much is the Columbia Bank contract with Aspire Benjamin Holt College Preparatory Academy District worth?

The Columbia Bank contract with Aspire Benjamin Holt College Preparatory Academy District is valued at $25,000,000, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a proposal record.

Where was this contract approved?

This contract appears in Aspire Benjamin Holt College Preparatory Academy District Proposal Term Sheet 2025-11-24 (Proposal), dated November 24, 2025 from Aspire Benjamin Holt College Preparatory Academy District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Columbia Bank hold?

Columbia Bank may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Columbia Bank's profile

What is Aspire Benjamin Holt College Preparatory Academy District currently buying?

Explore Aspire Benjamin Holt College Preparatory Academy District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Aspire Benjamin Holt College Preparatory Academy District's profile

Bring us your territory.
We'll show you what is forming.

B2G and SLED sales intelligence. Surface government procurement signals from 80,000+ state, local, and education agencies months before the RFP.

Try Civic IQ for free