FINANCIAL_SERVICESDISCUSSSED

Columbia Bank Proposes $25 Million Credit Facility

Columbia Bank has issued a non-binding term sheet expressing interest in underwriting a $25,000,000, 12‑month working capital revolving line of credit for Aspire Public Schools, secured by LCFF intercepts on eleven charter schools. The facility would carry a floating WSJ Prime-based interest rate with monthly interest-only payments and include standard financial covenants and reporting requirements.

Status
DISCUSSSED
Document date
November 24, 2025
Contract type
FINANCIAL_SERVICES
Vendor
Columbia Bank
Agency
Aspire Alexander Twilight Secondary Academy District · CA

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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
Proposal is for a 12‑month renewal of an existing revolving line of credit secured by LCFF intercepts for eleven charter schools; closing is subject to full underwriting and formal credit approval and is not yet committed.
Document type
Proposal
Source document
Aspire Public Schools Proposal Term Sheet 2025-11-24

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Aspire Alexander Twilight Secondary Academy District?

Columbia Bank was awarded this financial services contract by Aspire Alexander Twilight Secondary Academy District, as recorded on November 24, 2025. The contract value is $25,000,000.

How much is the Columbia Bank contract with Aspire Alexander Twilight Secondary Academy District worth?

The Columbia Bank contract with Aspire Alexander Twilight Secondary 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 Public Schools Proposal Term Sheet 2025-11-24 (Proposal), dated November 24, 2025 from Aspire Alexander Twilight Secondary 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.

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What is Aspire Alexander Twilight Secondary Academy District currently buying?

Explore Aspire Alexander Twilight Secondary Academy District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Aspire Alexander Twilight Secondary Academy District's profile

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