Skywater Business Funding takes one request by phone or the request form and hands it to funding partners, who decide on any terms.
An equipment loan or lease fits espresso machines, grinders and cases; a working capital loan fits menu costs that nothing secures. Water lines, drains and a drive-up window are building work outside this site.
At a glance
- Snack and nonalcoholic beverage bars, Oklahoma County, OK
221 employer establishments (CBP 2023)
- Snack and beverage bars with fewer than 5 employees
75, or 33.9% (CBP 2023)
- Snack and nonalcoholic beverage bars with a ZIP 73003 address
11 employer establishments (ZBP 2023)
- Paid employees at snack and beverage bars, Oklahoma County, OK
2,550 (CBP 2023, March pay period)
A two-group espresso machine at an Edmond, OK cafe: loan or $1 buyout lease?
A two-group espresso machine and a pair of grinders are the core of a coffee bar, and a partner may offer them on an equipment loan or on a lease with a $1 buyout. The machine and grinders are equipment. The water line, drain and any filtration plumbed into the building are property work outside this site.
| Equipment loan | Lease with a $1 buyout | |
|---|---|---|
| Monthly payment | $511.34 | $538.90 |
| 48 payments | $24,544.32 | $25,867.20 |
| Buyout at the end | None | $1.00 |
| Total paid | $24,544.32 | $25,868.20 |
The loan in this invented example runs at an 11.5% annual rate. The lease costs $27.56 more a month and $1,323.88 more over the term; partners price leases differently, so comparing the total paid on each offer shows which costs less.
Cold brew gear, blenders and a pastry case: equipment for a menu expansion in Oklahoma County, OK
A cafe adding cold brew, blended drinks and baked goods buys equipment that plugs into an outlet: a cold brew system, blenders and a refrigerated pastry case. All of it can go on one equipment loan. The pastry case holds its own compressor, so it needs no refrigeration lines; a case with a remote condenser would need property work outside this site.
| Item | Quantity | Cost |
|---|---|---|
| Cold brew system | 1 | $2,780 |
| Blenders | 3 | $1,755 |
| Plug-in refrigerated pastry case | 1 | $5,940 |
| Total | $10,475 |
In this invented example, $10,475 over 36 months at a 14.4% annual rate is $360.05 a month; the 36 payments total $12,961.80, and $2,486.80 is interest.
When a cafe's grinders fail in Oklahoma County, OK: a short equipment loan for the replacement pair
A coffee bar with one espresso machine depends on its grinders as much as on the machine. When both on-demand grinders wear out in the same season of use, the bar slows at every rush until they are replaced. Grinders plug into an outlet, so a pair priced from a dealer quote is a plain equipment request.
Illustration only, invented figures: two grinders at $2,865 each make $5,730. Financed over 18 months at a 13.6% annual rate, they cost $353.70 a month, and $636.60 of the $6,366.60 paid is interest in this invented example. A partner may set a different term or rate, and each partner decides for itself.
Menu expansion costs at an Edmond, OK cafe: a working capital loan for what equipment loans skip
Adding menu items costs more than the equipment: ingredients for recipe testing, staff hours for training, new menus and the first order of ingredients. None of it secures a loan, so it fits a working capital loan with fixed payments.
| Cost | Amount |
|---|---|
| Recipe testing ingredients | $1,240.00 |
| Staff training (64 hours at $16.50) | $1,056.00 |
| Printed menus and a freestanding menu board | $790.00 |
| First ingredient order for the new items | $2,310.00 |
| Total | $5,396.00 |
Over 10 months at a 14.25% annual rate, the $5,396 total in this invented example is $575.47 a month, $5,754.70 in all, with $358.70 of interest. A cafe that would rather have the cost collected from card sales can compare a merchant cash advance, which is not a loan and costs a fixed factor rather than interest.
Snack and nonalcoholic beverage bars in Oklahoma County, OK: the counts behind the cafe trade
Coffee shops are counted under snack and nonalcoholic beverage bars (NAICS 722515), a code that also covers juice bars, ice cream shops and snack counters, so the count is wider than coffee shops alone. County Business Patterns counted 221 of them with paid employees in Oklahoma County in 2023; they had 2,550 employees in the March pay period and $46,390,000 in annual payroll, and 75, or 33.9%, had fewer than five employees.
Nonemployer Statistics counted 57 snack and nonalcoholic beverage bars without paid employees in the county in 2024, a separate count never added to the employer figure. For ZIP 73003, inside Edmond, ZIP Code Business Patterns shows 11 snack and beverage bar employers in 2023.
Restaurants and other food businesses are on the industries hub, and the Edmond, OK page looks at the city as a whole.
By Skywater Business Funding · Updated
