FINANCIAL_SERVICESPENDING

Columbia Bank Proposes $25M Credit Line for Aspire

Columbia Bank proposes a $25,000,000 working capital line of credit for Aspire Public Schools with a 12‑month term, secured by eleven charter schools and LCFF intercepts. The facility would carry a floating WSJ Prime-based interest rate, include several financial covenants, and is subject to Columbia’s underwriting and credit approval.

Status
PENDING
Document date
November 24, 2025
Contract type
FINANCIAL_SERVICES
Vendor
Columbia Bank
Agency
Aspire Centennial College Preparatory 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
Proposed 12‑month working capital revolving line of credit; renewal or extension would be subject to future underwriting and approval. This term sheet represents a renewal of an existing facility, with collateral structure unchanged from the previous year.
Document type
Proposal
Source document
Aspire Centennial College Preparatory Academy District 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 Centennial College Preparatory Academy District?

Columbia Bank was awarded this financial services contract by Aspire Centennial 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 Centennial College Preparatory Academy District worth?

The Columbia Bank contract with Aspire Centennial 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 Centennial College Preparatory Academy District Proposal Term Sheet 2025-11-24 (Proposal), dated November 24, 2025 from Aspire Centennial 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 Centennial College Preparatory Academy District currently buying?

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

View Aspire Centennial College Preparatory Academy District's profile

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