BeachCoders Academy Inks $20 Million in Tuition Funding for Tech Training
Los Angeles, CA May 27, 2021, BeachCoders® Academy, a highly acclaimed Los Angeles-based web coding school has secured a tuition finance credit facility with a venture-backed income-share model tuition finance company.
BeachCoders® Academy, an innovative ‘Silicon Beach’ (Los Angeles) web-coding school known for its supportive small class or 1on1 student training model with part-time, flexible classes workable for anyone’s schedule has now opened up access to even more students with this new income share program. In addition to their tuition already being less than one-third the costs of other schools in the industry, adding this income share program has removed all barriers to students desiring to step up into high-paying tech jobs and much-needed remote work in today’s world.
This income share agreement (ISA) was customized to BeachCoders’ unique specifications to support student’s needs by offering the most generous entry requirements and deferred payments until the graduate secures a job with a threshold salary. Once payments commence, there is a fixed term and payback cap on a sliding scale based on the salary amount that is the most competitive in the industry and is favorable for all parties.
“Offering this unique income share agreement supporting our students’ needs is on par with the core values of BeachCoders® and we’re grateful to partner with a finance company that shares our vision.”, said founder and CEO of BeachCoders, James DeCicco. “The leadership and staff truly rolled out the red carpet for us to offer exciting terms for our students that go beyond anything we’ve previously seen in the Income Share financing space”, DeCicco said.
About BeachCoders® Academy: Beachcoders® Academy is an industry leader for in-person and live-online web development and user experience training. Their student-facing ‘hospitality’ instructional model has set them above and apart from others in the ‘coding-boot camp industry and has empowered students from all walks of life and age groups skilling up into better professional lives has grads working at Google, Space-X, Snap-Chat, and Legal Zoom. The Los Angeels, CA-based school opened in 2015 and is privately held. For more information visit https://www.Beachcoders.com/