Quarrymoor Financial, a small-business funding service in Kingman, Arizona, arranges loans and leases for machines and fixtures through funding partners for Mohave County, AZ contractors, restaurants, repair shops and practices buying new or used equipment. This page covers how equipment financing works, used equipment, restaurant and contractor equipment, loans versus leases and soft costs. Partners make credit decisions and set rates and terms.
| Building-trade employers in Mohave County, AZ | 672 payroll-paying firms on the CBP tally for 2023 |
|---|---|
| Full-service restaurants with employees | 3,039 on payroll at 155 employer sites (CBP count, 2023) |
| Auto repair and maintenance employer locations | 773 on payroll at 135 employer sites (CBP count, 2023) |
| Usually secured by | The equipment itself |
How does equipment financing work when the machine is the security?
The partner pays the seller for the equipment, and you repay over a fixed term. Because the equipment secures the deal, partners focus on what it is, what it is worth, and how long it will stay useful. A quote from the seller, with the make, model, year and serial number for used items, is the starting document.
A business loan to buy equipment is often easier to review than an unsecured loan of the same size, because the partner can recover the machine if payments stop. That does not make it automatic: the business still has to show it can carry the payment.
Used equipment financing
How do you finance used equipment? The same way as new, with more questions. Partners want to know the age, hours or mileage, condition and who is selling it. A dealer sale with an inspection report is simpler than a private sale; a private sale may need an appraisal and a lien search to make sure the seller owns it outright with no lien on it.
Used equipment financing companies tend to set shorter terms on older machines, because the term should not outlast the equipment's working life. If a used machine costs much less and has years left, it can still be the stronger choice.
Commercial restaurant equipment financing for a working kitchen
Kitchen equipment loses value quickly once installed, so restaurant equipment deals lean on the business's cash flow as much as on the equipment. Ranges, hoods, reach-in and cold-room refrigeration, dish machines and point-of-sale systems are typical items. Installation, venting and electrical work can be a large share of the cost, which brings up soft costs (below). The page on restaurant business loans in Kingman, AZ covers the rest of a kitchen's cash cycle.
Contractor and construction equipment financing
Construction equipment financing companies look at the machine and the work it will do. Excavators, skid steers, trailers, compressors and service trucks hold value better than kitchen gear, and many partners finance them over longer terms. A contractor with signed jobs that need the machine has a clear story. Quarrymoor's full page: contractor business loans for Kingman, AZ for draws, retainage and crews.
Repair shops have their own equipment list: lifts, alignment rigs, diagnostic scanners and tire machines. The post on car lift financing for Kingman, AZ auto shops covers quotes, installation and leasing, and the auto repair industry page covers parts and warranty receivables.
Loan, lease or EFA: three ownership paths
| Equipment loan | Lease | Equipment finance agreement | |
|---|---|---|---|
| Who owns it | The business, from signing | Stays with the lessor unless bought out at the end | The business, with a security interest held by the partner |
| End of term | Cleared and owned outright | Return the gear, extend, or pay the buyout | Cleared and owned outright |
| Suits | Long-lived machines | Equipment that goes out of date quickly | Owners who want a simple fixed payment |
| Ask about | Down payment, prepayment | Buyout amount, wear charges | Documentation and end-of-term terms |
Tax treatment differs between these structures; ask your accountant rather than relying on a sales pitch.
Soft costs in equipment financing: delivery, install and the rest
Soft costs are the expenses around the equipment that have no resale value: delivery, installation, rigging, training, software and sometimes taxes. Some partners include a portion in the financed amount; others want them paid separately. Ask the seller to list soft costs on the quote so the partner can see them, and ask the partner how much of them it will cover.
Franchise buyers run into soft costs often, because build-out and equipment arrive together; the post on funding a franchise purchase in Kingman, AZ separates them.
An illustration, with invented numbers
A landscaping firm prices a used zero-turn mower at $11,500 plus $600 for delivery and a trailer ramp kit. A new unit is $17,900. If the used mower has three working seasons left and the new one six, the cost per year of use is about $4,033 for the used mower and $2,983 for the new one, before financing costs and repairs. These figures are made up; the habit worth copying is comparing cost per year of use, not only the price tag.
Mohave County, AZ had 672 construction employers and 135 auto repair employers in 2023 (County Business Patterns), the two largest equipment-buying groups among the industry pages. Local counts are on the Kingman, AZ page; the funding comparison sets equipment financing against the other five routes, and how a request works covers the steps.
By Quarrymoor Financial · Updated
