Careers
Career & Professional Development Finance
No collateral requiredCareer-advancement funding for professionals and employers — executive education, professional certification, relocation and practice set-up.
- Indicative rate
- 6.9% – 11.5%*
- Amount
- $50K – $2M
- Tenor
- up to 10 yrs
*Indicative APR range. Subject to credit approval. Not an offer of credit.
- Amount
- $50,000 – $2,000,000
- Indicative APR*
- 6.9% – 11.5%
- Representative rate
- 8.5%
- Max tenor
- 120 months (10 yrs)
*Indicative only. Subject to credit approval.
6.9% – 11.5% · up to 10 yrs · Arrangement fee 1%
Calculate repaymentsCareer & Professional Development Finance funds the next step in a professional's career — executive education, professional certification and licensing, international relocation and practice set-up.
It complements our Scholarships & Education Funding: scholarships fund students and programs, while career finance funds working professionals and employers investing in talent. No collateral is required and repayment can be deferred until the program is complete.
Key features
- Executive MBA, certifications and professional licensing
- International relocation and practice set-up
- Employer-sponsored talent and upskilling programs
- No collateral required; deferred repayment available
Eligibility
- Working professional or employer sponsor
- Admission letter, offer letter or relocation plan
- Verifiable income or employer sponsorship
- Repayment plan aligned to post-program income
Use of proceeds
- Executive MBA and executive education
- Professional certification and licensing
- International relocation for a new role
- Medical, legal or advisory practice set-up
- Employer upskilling and talent programs
Typical covenants
- Funds paid directly to institutions or providers where possible
- Program completion confirmation
- Income or employment update annually
- Employer guarantee where sponsored
Draw schedule
Per term or invoice, paid directly to the institution or provider; relocation draws against documented costs.
Indicative term sheet
Indicative terms — Career & Professional Development Finance
- Borrower
- [Professional / Employer Sponsor]
- Amount
- Up to USD 250,000
- Tenor
- 7 years
- Pricing
- Fixed 8.5% p.a. (indicative)
- Fees
- Arrangement 1.0%
- Security
- Unsecured; employer guarantee where sponsored
- Repayment
- Deferred during program, then monthly amortising
Ready to finance your next milestone?
Submit a proposal in minutes. A Westford deal officer will respond within two business days.
