Quarrymoor Financial, a small-business funding service in Kingman, Arizona, answers common owner questions about business funding: using a loan to pay yourself, LLC borrowing, personal guarantors, merchant cash advances, records and next steps. Each answer links to the page with more detail. Partners make credit decisions and set rates and terms.
Quarrymoor, partners and who decides
Whose money sits behind a Quarrymoor-arranged deal?
From the funding partners, not from Quarrymoor. Quarrymoor prepares the request and matches it with partners whose programs fit, and each partner reviews the business and makes its own decision on approval, rate and terms.
Why not apply to a lender directly?
You can. Working through Quarrymoor means one request reaches several partners whose programs suit the purpose, and someone explains the offers. The process page lays out every stage.
Is Quarrymoor only for Kingman, AZ businesses?
The business is based in Kingman, AZ and works by phone and online form, so owners across Mohave County, AZ use it the same way. Partners set their own eligibility rules.
Using business funding
Owner draws: can a business loan pay me?
Business loans are meant for business purposes, and many agreements say so. Paying an owner's draw or salary from a loan may breach those terms, and partners can see it in bank statements. Wages for employees, including payroll that covers a working owner on payroll, are a different question; ask the partner what the agreement permits.
Borrowing as an Arizona LLC
Yes. Partners lend to Arizona LLCs, corporations and sole proprietors. They review the entity and its owners together, and most ask an owner to sign a personal guarantee.
Personal guarantors on a business loan, explained
A personal guarantor is a person, usually an owner, who agrees to repay the debt personally if the business cannot. An unlimited guarantee covers the whole balance; a limited one caps it. Check which kind sits in your agreement.
Merchant cash advances
Is an MCA just another word for a loan?
No. A provider buys a share of the business's future receipts and collects it from sales. There is no interest rate or fixed term. The merchant cash advance page explains holdbacks, factor rates and a worked example.
Can I hold an advance and a loan at the same time?
Sometimes, but many advance agreements restrict additional funding while collection continues. Disclose any existing advance at the start.
Records, timing and next steps
What should I have ready before calling?
Recent business bank statements, an idea of annual revenue, how long the business has operated and a list of current debts. For equipment, the seller's quote.
Where can I learn about local licenses and permits?
The guides section has checklists for the City of Kingman, AZ business license, Mohave County, AZ permits and zoning, and the Arizona Corporation Commission annual report.
Are there longer articles on specific purchases?
Yes. The Quarrymoor blog covers buying a motel, financing car lifts, working capital for painting crews and funding a franchise.
By Quarrymoor Financial · Updated
