Clad
Clad provides a financial platform for private schools and childcare providers, guaranteeing year-round positive cash flow by advancing 100% of tuition upfront through School Income Guarantees. Schools can access instant capital lines with interest-free subsidies up to $100,000 and offer families an enroll-now-pay-later option with no interest. The platform integrates with existing school systems and Stripe payment processing, with onboarding completed in under a week.
- Financial Technology
- Software Only
Funding
Founders
Founder details are not available yet.
Product
Problem
Private schools often face unpredictable cash flow because parents may delay or miss tuition payments, forcing administrators to chase down payments and manage budget shortfalls. This financial instability diverts time and attention away from student development and makes it difficult to plan for operational expenses throughout the year.
Solution
Clad provides a financial platform that guarantees year-round positive cash flow for private schools by advancing 100% of tuition upfront through School Income Guarantees (SIG). Schools can also access instant capital lines, including an interest-free subsidy of up to $100,000, and offer families an enroll-now-pay-later (ENPL) option with no interest to boost enrollment. The onboarding process is completed in under a week, with Clad working alongside existing school platforms to ensure seamless integration. Payment history with Clad also qualifies schools for working capital and expansion loans to support growth.
Target Audience
Primary customers are private schools, childcare providers, and similar pre-K to 12 educational institutions across the United States that need consistent cash flow and flexible tuition payment options for families.
Features
- School Income Guarantee (SIG) providing 100% of tuition upfront to schools
- Instant capital lines with interest-free subsidies up to $100,000
- Enroll-now-pay-later (ENPL) option for families with no interest charges
- Integration with existing school platforms and Stripe payment processing
- Banking services backed by JP Morgan
- Working capital and expansion loans based on payment history
- Mobile applications for iOS and Android for school administrators and guardians