Boldmoor Financial of Lumberton, NC helps child care center owners compare funding for payroll, equipment, renovations and purchases; funding partners review each request and decide. Robeson County, NC counted 46 child day care employer establishments with 467 employees in 2023 (County Business Patterns).
At a glance
- Child day care with payroll, Robeson County, NC
46 (CBP 2023)
- Employees
467 (CBP 2023)
- Child care without paid employees
269 (NES 2024)
Child day care in Robeson County, NC
Child day care services (NAICS 624410) counted 46 employer establishments in Robeson County, NC in 2023, with 467 employees and $12.6 million in payroll (County Business Patterns). 23.9% had fewer than five employees, so most centers with payroll run a team of five or more.
| Industry (NAICS) | Employer establishments | Employees | Annual payroll | Under 5 employees | In ZIP 28358 |
|---|---|---|---|---|---|
| Child day care (624410) | 46 | 467 | $12.6 million | 23.9% | 18 |
By our arithmetic, that is about 10.2 employees per center. Nonemployer Statistics, a separate program, counted 269 child care businesses with no paid employees in 2024 (NAICS 62441), a group that takes in home-based providers as well as others.
Small business loans for child care centers in Lumberton, NC
A child care center's costs are mostly people and space: teacher payroll every week or two, rent or a mortgage, food, and insurance. Revenue comes from parent tuition and, for some centers, payments from public programs that arrive on their own schedule. That gap between payroll and payment is what working capital covers.
Loans for daycare business for Robeson County, NC businesses
Daycare requests cover payroll during an enrollment ramp, classroom furniture and playground equipment, a van, a kitchen upgrade, a renovation for more classrooms, or buying an existing center. Each points to a different structure, and a partner will want to know which one you mean.
Daycare financing program
Some lenders and public bodies run named daycare financing programs. Boldmoor has no tie to any public program and cannot speak to eligibility for one. For private funding, the request is the same as any business: what the money pays for, the enrollment and tuition record, and the bank statements behind it.
Working capital for daycare business around Lumberton, NC
Illustration only, invented figures: a center with a $7,800 payroll every two weeks waits 3 weeks for a program payment. Over those 3 weeks, one or two payroll dates can fall before the payment lands, so $7,800 to $15,600 goes out first. Working capital sized to that one or two payrolls, not to annual tuition, is the request to make.
How to get funding for a daycare center: a short answer for Lumberton, NC
- Name the bill: payroll, equipment, renovation or purchase.
- Gather enrollment and tuition records and recent bank statements.
- Have the lease or deed and any renovation quotes.
- Send the request form or call, then compare any offers by total cost.
The longer version is in the daycare loan article.
Business loan for daycare center: a Lumberton, NC primer
Buying a center or adding classrooms is a term loan request: one sum, fixed installments. Cribs, tables, playground sets and a van are equipment financing requests, with the items as collateral.
A center's month of cash around Lumberton, NC
- Payroll goes out every week or two.
- Parent tuition arrives weekly or monthly.
- Program payments, where a center takes them, arrive on the program's schedule.
- Rent, food and insurance are paid monthly.
- Enrollment changes shift the next month's figures.
The center's gap is the space between the payroll dates and the program payment dates. Writing them on one calendar shows the size of the gap.
Records a center brings to a request
- Enrollment by classroom and the tuition schedule.
- Program payment records, if any.
- Bank statements for the months since the last enrollment change.
- The lease or deed and any renovation quotes.
- An equipment list with vendor prices for any purchase.
Child care payroll per center in Robeson County, NC
By our arithmetic from County Business Patterns 2023, child day care centers in Robeson County, NC averaged 10.2 employees and $273,739 in annual payroll per establishment, or about $26,964 per employee. Counts include part-time workers, so the per-employee figure is not a wage rate.
Payroll per center is the bill a working capital request is usually built around, because it repeats every pay period while payments follow their own calendar.
Matching a center's bills to structures
| The bill | Structure to compare | Why it can fit |
|---|---|---|
| Payroll while payments are pending | working capital | Covers staff during the wait |
| Classroom and playground equipment | equipment financing | The items secure their financing |
| Renovation or buying a center | term loan | Level installments across an agreed term |
Nearby pages: physician practices and insurance agencies; all sectors on the industry pages.
By Boldmoor Financial · Updated