An equipment loan fits play gear and cameras; a working capital loan fits a materials replacement. Fencing, installed playgrounds, security doors and cable runs are property work outside this site, and providers without revenue yet are outside it too.
At a glance
- Child day care services, Oklahoma County, OK
244 employer establishments (CBP 2023)
- Child day care establishments with fewer than 5 employees
93, or 38.1% (CBP 2023)
- Child day care services with a ZIP 73003 address
8 employer establishments (ZBP 2023)
- Child care services without paid employees, Oklahoma County, OK
1,253 (Nonemployer Statistics 2024, NAICS 62441)
Loans for daycare centers around Oklahoma County, OK: indoor play equipment for a gross-motor room
A gross-motor room gives children space to climb, crawl and ride indoors. Its equipment is mostly freestanding: soft climbers, foam blocks, floor mats, tunnels and riding toys. Climbing walls bolted to a wall and outdoor play structures set in the ground are a different case, because installing them is property work outside this site.
| Item | Quantity | Cost |
|---|---|---|
| Soft play climber set | 1 | $3,480 |
| Foam building block set | 1 | $1,260 |
| Floor mats | 8 | $1,512 |
| Tunnels and balance beams | 1 | $845 |
| Ride-on trikes | 6 | $1,284 |
| Total | $8,381 |
Spread over 30 months at a 12.1% annual rate, the $8,381 set in this invented example costs $325.14 a month. By the last of the 30 payments, the center has paid $9,754.20, including $1,373.20 of interest. Loans and leases for other equipment are set side by side on the equipment financing page.
Classroom cameras at an Edmond, OK daycare: 36 or 48 months on an equipment loan
A center that lets parents view classrooms, or that reviews footage after an incident, needs cameras, a recorder and monitors for the office. Those are equipment. Running cable through walls and ceilings is property work outside this site, so a quote that combines the two can be split before a request.
| Term | Monthly payment | Total of payments | Interest |
|---|---|---|---|
| 36 months | $192.67 | $6,936.12 | $1,226.12 |
| 48 months | $153.47 | $7,366.56 | $1,656.56 |
The system in this invented example is 14 cameras at $265, a $1,380 recorder and two $310 monitors, financed at a 13.1% annual rate. The 48-month schedule is $39.20 a month lighter and $430.44 more expensive in interest, a trade worth setting beside how long the cameras are expected to stay in service.
Funding learning materials in Edmond, OK: replacing every room's set at once
Learning materials wear out and go missing: manipulatives, puzzles, books, sensory bins, art easels and dramatic play sets. Replacing them room by room spreads the cost, while a center that replaces every room's set at once pays for all of it in one order. Nothing in an order like that secures a loan, so it fits a working capital loan with fixed payments.
Illustration only, invented figures: 6 rooms at about $1,870 each make an $11,220 order. A 12-month working capital loan at a 14.55% annual rate turns that into $1,010.32 a month, $12,123.84 over the year, with $903.84 of interest.
Split across the 6 rooms, the payment in this invented example is about $168.39 per room each month, a figure the director can set beside what each room brings in.
A second center for an operating Edmond, OK daycare: what a request can and cannot cover
An operating provider adding a second location in leased space has costs of two kinds. Movable items can be part of a request; work on the building cannot.
| Cost at a second center | Part of a request here? |
|---|---|
| Indoor play equipment and riding toys | Yes, as equipment |
| Cameras, a recorder and office computers | Yes, as equipment; cable runs are property work |
| Learning materials and books | Yes, through a working capital loan |
| Security doors, keypad entry and door hardware | No, property work outside this site |
| Fencing and installed playground structures | No, property work outside this site |
| Buying the building | No, real estate is outside this site |
A larger package of movable items for the new location may suit a term loan. A partner may ask how long the first center has operated and for its bank statements when it reviews the request. Providers without revenue yet are outside this site.
Child day care counts in Oklahoma County, OK
County Business Patterns counted 244 child day care services establishments with paid employees in Oklahoma County in 2023 (NAICS 624410), with 2,926 employees in the March pay period and $73,720,000 in annual payroll. At 93 of those employers, or 38.1%, the staff numbered under five.
Nonemployer Statistics uses a broader code, child care services (NAICS 62441), and counted 1,253 providers without paid employees in the county in 2024. That count comes from a separate program and is not added to the employer figures.
ZIP Code Business Patterns lists eight child day care employers at ZIP 73003 addresses for 2023, a ZIP inside Edmond. Other service businesses with pages are on the industries hub, and the page for Edmond, OK looks at the city as a whole.
Payroll timing, classroom tablets, learning software and a passenger van are worked through in a child care blog post.
By Skywater Business Funding ยท Updated
