Daycare center financing for Silver Bow County, Montana child care centers, from Sprucewood Financial: the county's child care figures, financing options by purchase, passenger vans, classroom furniture and payroll, cribs and playground equipment, buying or building out a center, and the payroll gap when enrollment lags, with invented examples worked in dollars.
At a glance
- Child day care employers, Silver Bow County, MT
25 (CBP 2023)
- With fewer than five employees
60.0% (CBP 2023)
- Child care services with no paid employees
38 (NES 2024)
Child Day Care in Silver Bow County, MT: Centers, Staff and Payroll
| Measure | Value | Source |
|---|---|---|
| Employer establishments | 25 | CBP 2023 |
| With fewer than five employees | 15 (60.0%) | CBP 2023 |
| Employees | 145 | CBP 2023 |
| Annual payroll | $3.7 million | CBP 2023 |
| Employer establishments in ZIP Code 59701 | 25 | ZBP 2023 |
| Child care services with no paid employees | 38 | NES 2024 (NAICS 62441; separate program) |
Payroll averaged about $25,738 per employee at the county's child care employers in 2023 (our arithmetic from Census Bureau, County Business Patterns 2023), and the 38 child care businesses without paid employees counted in 2024 include home-based providers (Census Bureau, Nonemployer Statistics 2024). For a center, wages recur every pay period, and ratios set by licensing tie the wage bill to enrollment.
Daycare Financing Options for Silver Bow County, MT Child Care Centers
- A passenger van: equipment financing, with the van securing the loan
- Cribs, tables, shelving and playground sets: a small equipment loan or a line of credit
- A building purchase or a lease build-out: a term loan, read on the center's record and the property
- Payroll while new rooms fill or tuition lags: working capital or a line of credit
- Buying an existing center: a term loan, with the license and enrollment as central questions
Some public and nonprofit programs fund child care facilities; ask the state's child care office which ones are open before taking on private debt for a building project.
Whichever route fits, a partner looks at the same three things on a center's file: tuition deposits month by month, the enrollment and waitlist behind them, and the license that sets how many children the center may serve. A center that keeps those three current, and can explain any month that looks out of line, gives a partner little left to ask on the first call.
Passenger Van Financing for Silver Bow County, MT Child Care Centers
Illustration only, invented figures: an invented center finances a $58,000 passenger van at 9.5% over 60 months for about $1,218 a month (our arithmetic). A partner checks the van's title, the center's insurance for transporting children and the driver policy, along with the bank statements that show tuition deposits.
Butte, MT Business Loans for Daycare Providers: Classroom Furniture and Payroll
| Item | Invented amount |
|---|---|
| Cribs and cots | $6,400 |
| Tables, chairs and shelving | $7,800 |
| Playground set and surfacing | $21,000 |
| Kitchen equipment | $9,800 |
| Total | $45,000 |
Illustration only, invented figures: the invented $45,000 package financed over 48 months at 11% costs about $1,163 a month (our arithmetic). Furniture and playground equipment resell for little, so partners read this kind of request on deposits rather than on the items. Licensing inspections may set requirements for equipment and surfacing, so confirm them before ordering.
Daycare Equipment Financing: Cribs, Playground Sets and Kitchen Gear in Silver Bow County, MT
Separate the items that hold value from the ones that do not. A commercial dishwasher or a range for the center's kitchen can secure its own equipment loan; cribs and cots cannot. Bundling everything into one loan leaves one payment to track, but the partner prices it on the weakest collateral in the bundle. Ask for both quotes.
Daycare Center Commercial Loans for a Building Purchase or Lease Build-Out in Butte, MT
Illustration only, invented figures: an invented center buys a building for $410,000 with 20% down, leaving $328,000 to finance. A building purchase is a real estate loan, with an appraisal and a long term, from a bank or credit union; the center's equipment, working capital and any business purchase price are business funding. Zoning and building approval for a child care use come first; the zoning and building permits guide covers the city-county steps.
Daycare Business Loans in Butte, MT When Enrollment and Payroll Don't Line Up
Illustration only, invented figures: an invented center opens a new room and hires staff to meet ratios at $26,000 a month, but the room starts 8 children short of capacity, leaving $7,200 a month in tuition it had planned on (our arithmetic at an invented $900 per child per month). A $20,000 working capital loan over 12 months at 12% costs about $1,777 a month (our arithmetic). A partner wants the waitlist and enrollment history to see how fast the room is likely to fill.
The article on what a child care expansion needs works through a full expansion, and the industries page and Butte, MT data page have the county figures.
By Sprucewood Financial ยท Updated
