Access In Action - Loudoun Country Day School
Overview of Transaction:
- An accredited, independent, coeducational school established in 1953 and located in Leesburg, Virginia that educates students in preschool through eighth grade. Due to increased enrollment, the School sought financing for their new building.
- Initially, their debt was scheduled to mature in early 2018 but required restructuring due to the changes in banking regulation following the 2008 financial crisis.
Significance of Transaction:
- Access National Bank and its Middleburg Bank division continued to support Loudoun Country Day School's mission outside of finances as well as support organizations and programs benefitting the greater community.
- The Access National Nonprofit Team laid out a holistic banking package to help finance Loudoun Country Day School's growth and foster a long-term banking relationship.