Driving Scalable Operations: Driving Schools of Ohio Secures $2.1M Facility via Hum Capital
Funds secured
Driving Schools of Ohio Secures $2.1M Facility via Hum Capital
Company: Driving Schools of Ohio
Funding secured: $2.1M
Use of Proceeds: Working Capital
At Hum Capital, we specialize in structuring financing that reflects how businesses actually operate—even when they span multiple entities. Our recent partnership with Driving Schools of Ohio, a leader in driver education and training, demonstrates the power of comprehensive capital solutions for operationally complex businesses.
Capital for a Multi-Entity Operation
Driving Schools of Ohio came to Hum with a unique challenge: they operate through multiple distinct entities, each requiring financing, but traditional lenders often underwrite only at the individual-entity level.
To solve this, Hum Capital structured a $2.1 million facility through its Intelligent Marketplace, providing a global financing solution that covered all entities under a single umbrella. This allowed the company to streamline its capital stack and access significantly more funding than a fragmented approach would allow.
Supporting Expansion and Operational Efficiency
The financing will be used to:
- Expand training center locations and vehicle fleets
- Improve scheduling, technology, and instructor support systems
- Simplify financial operations across entities with centralized capital access
By delivering a holistic capital structure tailored to the company’s organizational model, Hum enabled Driving Schools of Ohio to focus on what they do best—safely educating the next generation of drivers.
About Driving Schools of Ohio
Driving Schools of Ohio is a premier provider of driver education programs across the state. With a commitment to safety, accessibility, and operational excellence, the organization offers classroom and behind-the-wheel training to thousands of new drivers each year. Their network of schools and instructors is trusted by families, schools, and local governments alike.