Brookharbor Lenders in Charleston, West Virginia passes funding requests from Kanawha County child care centers to funding partners. This page covers added rooms, payroll gaps, buildings, options, equipment and county child care counts.
At a glance
- Child day care employers
Child day care services, Kanawha County, WV: 31 employer establishments (CBP 2023)
- Child day care employees
Child day care services, Kanawha County, WV: 707 paid employees (CBP 2023)
- Child care without employees
Child day care with no paid employees, Kanawha County, WV: 162 (Nonemployer Statistics 2024)
Daycare Center Commercial Loans for a Kanawha County, WV Center Adding a Room
Adding a room means construction or remodeling, furniture and equipment, and staff hired to the required ratios before the new children enroll. A partner will look at the center's enrollment history, its waiting list if it has one, and the cost of the room against the tuition it will bring in.
A term loan usually suits the room; equipment financing can cover furniture and fixtures. The state licensing steps for an added room come before the funding: confirm them with the licensing office.
Daycare Business Loans for Payroll While Tuition Payments Arrive
A center pays staff every week or two, while tuition comes in on its own schedule and subsidy payments may arrive later still. A working capital loan or a line of credit can cover payroll through that gap.
Bring the payment schedule: what share of revenue is private tuition, what share is subsidy, and when each is usually paid. The working capital page shows a worked claims-lag example from a practice that works the same way.
Business Loans for Daycare Providers Buying Their Building
A center that rents may be able to buy its building, ending rent and gaining control over improvements. A partner will review the purchase agreement, an appraisal and the center's finances; the building has to suit a licensed center, so inspection and zoning matter.
Compare the full monthly cost of owning, including loan, taxes, insurance and upkeep, with the current rent before deciding.
Daycare Financing Options Compared: Term Loan, Equipment Loan, Credit Line
| Option | Fits | Repaid |
|---|---|---|
| Term loan | Added room, remodel, building purchase | Fixed payments over years |
| Equipment loan | Furniture, playground equipment, a van | Fixed payments over the item's life |
| Line of credit | Payroll while tuition or subsidy arrives | Interest on what is drawn; draw again |
Many centers use two of these at once: a term loan for the room and a line for payroll. Compare the total cost of each for the amount actually needed.
Daycare Equipment Financing for Furniture, Playground Gear and a Van
Center equipment includes cribs, cots and mats, tables and chairs sized to each age group, cubbies and storage, outdoor play structures and safety surfacing, and a passenger van for field trips or school pickups. Each can be financed as equipment.
Playground equipment and surfacing have their own safety standards, and vans carrying children have insurance and inspection requirements. Confirm those before choosing a model.
Equipment for an infant room differs from equipment for a preschool room: cribs and changing stations in one, child-sized tables, easels and learning centers in the other. Pricing each room separately on the quote helps a partner see what the money buys, and it helps the director check the order against the licensing checklist for each age group before anything is delivered.
Child Day Care in Kanawha County, WV: 31 Employers and 707 Paid Staff
County Business Patterns counted 31 child day care employers in Kanawha County, WV in 2023, with 707 employees and an annual payroll of about $17.6 million. Only 3 of the 31, or 9.7%, had fewer than five employees, far below the county-wide share of 45.1%.
Nonemployer Statistics, a separate program, counted 162 child day care businesses with no paid employees in 2024. Three of the 31 employers had a ZIP 25301 address.
An Invented Toddler-Room Addition With Cribs, Cots and a Fenced Yard
Illustration only, invented figures: a Kanawha County, WV center converts a storage area into a toddler room with cribs, cots, furniture and a fenced outdoor area for $48,000. It finances the project over five years at an invented annual rate of 9.5%.
In this invented case the center pays about $1,008.09 a month over 60 months, about $60,485 altogether, so the financing costs roughly $12,485 (our arithmetic). The center would compare that payment with the monthly tuition from the added spaces, after the added staff costs.
How centers fund a classroom or a second van works through an invented example priced two ways.
By Brookharbor Lenders · Updated