One phone call or short form reaches Ivyvale, which forwards the request to its funding partners. The building's own walls and pipes are a separate matter.
The infant-room refrigerators, tablets and buggy make a small equipment agreement. A commercial washer and dryer can be bought on a loan or leased; in the invented example the lease costs more in total. A director handover is a working capital amount for a set number of paydays. Cabarrus County, NC child day care employers run larger than several trades here: 32 of 46 had five or more employees.
At a glance
- Child day care services payroll, Cabarrus County, NC (CBP 2023, NAICS 624410)
$21.1 million for 768 employees
- Child day care employers with fewer than five employees, Cabarrus County, NC (CBP 2023)
14 of 46
- Employees per child day care establishment, Cabarrus County, NC
about 17 (our arithmetic)
- Child care services businesses with no paid employees, Cabarrus County, NC (NES 2024, NAICS 62441)
273
Equipping an infant room at a Cabarrus County, NC child care center: bottle refrigerators, tablets and an infant buggy
An invented infant room, priced item by item: two under-counter refrigerators for labeled bottles at $1,180 each, four tablets with cases for feeding and nap logs at $415 each and a six-seat infant buggy at $2,110. The quote totals $6,130. Cribs and changing tables count as furniture and stay outside this site.
In this invented example, as equipment financing for 36 months at 12.70%, that equipment costs $205.66 a month. Thirty-six of those payments make $7,403.76; take away the $6,130 and the interest left is $1,273.76.
Equipment of this size is a modest request, and a funding partner may ask for less paper than a vehicle or a large machine would need. Records that may still come up:
- Business bank statements showing tuition deposits
- An enrollment summary by age group, with any waiting list for infants
- The dealer quote with model numbers
- Current agreements on vans, kitchen equipment or software
Daycare center financing for a commercial washer and dryer: loan or lease in Kannapolis, NC
A center that washes its own crib sheets, bibs and nap blankets might price a commercial pair; for illustration, this one is $9,840.
| Route | Each month | Total to own | Beyond the price |
|---|---|---|---|
| Loan, 48 months at 11.90% | $258.64 | $12,414.72 | $2,574.72 |
| Lease, 48 months plus a $984.00 buyout | $244.00 | $12,696.00 | $2,856.00 |
In the invented comparison, the lease asks $14.64 less each month and ends up $281.28 more expensive once the buyout is paid. A center that wants to hand the machines back at the end and never pays the buyout would see the lease differently.
Connecting the machines to water, power and a dryer vent is work on the building, handled with the landlord or a contractor, outside what Ivyvale arranges.
Working capital for two directors' salaries during a handover at a Kannapolis, NC center
A director who is retiring gives notice, and the owner wants eight weeks of overlap so the new director meets families and staff before taking over. In this invented case the new director's pay is $1,980 every two weeks, so the overlap holds four paydays, $7,920 in all.
Working capital sized to that invented amount and paid back over nine months at 13.25% would cost $929.29 a month, $8,363.61 in total, $443.61 of it interest.
The overlap has an end date, which makes it simpler to size than an open-ended payroll gap. A partner may ask for the payroll report and the start date in writing.
Matching each daycare cost to equipment financing, a term loan or working capital in Cabarrus County, NC
One center can carry several needs at once. This table pairs each with a funding type; the funding partner sets any terms.
| Cost | Funding type | Why |
|---|---|---|
| Bottle refrigerators, tablets, an infant buggy | Equipment financing | Model numbers and prices for every piece |
| Commercial washer and dryer | Equipment financing or a lease | A machine with resale value |
| Two directors' pay during a handover | Working capital | A fixed number of paydays with an end date |
| Several smaller items bought together, such as books, a laminator and a laptop | A term loan | One amount on one schedule |
| Walls, plumbing or other changes to the building | Not arranged here | Work on the property, not the business |
A term loan also suits a mix that does not split neatly, as long as the total and the uses are written down.
Child day care services in Cabarrus County, NC: staff size, payroll and the providers with no payroll
The 768 people on child day care services payrolls in Cabarrus County, NC drew $21.1 million between them in 2023 (CBP). Divided evenly that is about $27,423 apiece by our arithmetic, though part-time staff sit in the same count.
These are bigger operations than several trades in the county. Only 14 of the 46 employer establishments had fewer than five employees (30.4%), and the average is about 17 employees each by our arithmetic.
Providers with no payroll sit in a different file: Nonemployer Statistics counted 273 child care services businesses (NAICS 62441) with no paid employees in the county in 2024, with $3.5 million in receipts.
The Kannapolis, NC page has the office ZIP's figures, and the industries page links the other trades. Buggies, a classroom camera kit and check-in tablets are covered in the child care funding post.
By Ivyvale Capital Group ยท Updated