Quarrymoor Financial, a small-business funding service in Kingman, Arizona, arranges hotel and motel funding through partners: term loans for purchases and renovations, equipment financing for furniture, fixtures and HVAC units, and lines of credit for uneven months. Mohave County, AZ had 43 hotel and motel employers with 849 employees in 2023 (CBP). Partners make credit decisions and set rates and terms.
| Traveler accommodation employers, Mohave County, AZ | 849 on payroll at 43 employer sites (CBP count, 2023) |
|---|---|
| Hotels and motels with fewer than five employees | 46.5% (CBP 2023) |
| Accommodation businesses with no paid employees | 72 with no payroll at all (NES count, 2024) |
| Annual payroll, hotels and motels | $20.3 million of payroll across 2023 (CBP) |
The lodging cash cycle
Room revenue arrives nightly, mostly by card, and online travel agencies may pay on their own schedules after taking a commission. Costs include housekeeping and front-desk wages, utilities, laundry, franchise or reservation-system fees for branded properties, and a steady list of repairs. Every few years, rooms need new soft goods (bedding, curtains, carpet) and, less often, case goods, bathrooms and HVAC units.
This site makes no claim about when Mohave County, AZ lodging is busy or slow; the public Census data used here does not measure occupancy. A property's own monthly revenue history is what partners ask for.
Hotel renovation financing
A room refresh or a full renovation is usually funded with a term loan, sometimes alongside equipment financing for PTAC or HVAC units, laundry equipment and fixtures. Partners want contractor bids, the scope by room type, the property's revenue history and how the work will be phased so rooms stay rentable.
Exterior and structural work may need permits; the Mohave County, AZ permits and zoning checklist lists what to confirm first.
Business loans for hotels: furniture, fixtures and equipment
FF&E (furniture, fixtures and equipment) covers beds, case goods, TVs, PTAC units, laundry machines, ice machines and front-desk systems. These are often financed as equipment, with the items as security. Hospitality business loans for FF&E are easier to review with an itemized vendor quote and the room count.
A commercial loan for a hotel purchase
Buying a motel or hotel combines real estate, the operating business and FF&E. Partners review the seller's profit-and-loss statements, monthly revenue history, the property condition, the franchise agreement if any, and the buyer's lodging experience. The blog post on buying a motel business in Kingman, AZ breaks the deal into its pieces.
Working capital for a hotel business
Payroll, utilities and repairs continue through slower months. A business line of credit lets a property draw when revenue dips and repay when it recovers. A one-time repair, such as a boiler or a roof section, fits working capital or an equipment deal better.
Use the loan calculator before calling
The hotel and motel loan payment calculator shows the monthly payment, total interest and total repaid for an amount, rate and term you enter. Try a few terms to see how the payment and the total move in opposite directions.
An illustration with invented numbers
A 32-room Kingman, AZ motel plans a soft-goods refresh at $1,450 a room ($46,400) plus eight new PTAC units at $1,100 each ($8,800). Doing ten rooms a month keeps most of the property rentable. Financing the PTAC units as equipment and the room refresh on a term loan matches each payment to an asset's useful life. These figures are invented to show how to structure a request.
What a refresh plan should show a partner
- Room count by type, and which rooms are in each phase
- Itemized bids for soft goods, case goods and bathrooms
- Which items are equipment (PTACs, laundry, TVs) and which are construction
- How many rooms stay rentable while work is under way
- Monthly revenue for the past one to two years
A phased plan, ten rooms at a time for example, reads very differently to a partner than closing a whole wing. It also limits how much revenue the property gives up during the work, which affects how comfortably the new payments fit.
Business loans for hospitality: the reports a property already produces
A partner will want records that a motel or hotel usually already has in its property-management system and accounting file. Hospitality business loans are easier to review when those reports arrive together rather than one request at a time.
- Monthly occupancy and average daily rate for at least the last two years, from the property-management system
- Profit and loss by department: rooms, any food or vending, and laundry
- Property tax and insurance bills, with due dates
- The franchise or brand agreement, and any property improvement plan with its deadlines
- A capital-spending history: roofs, HVAC units, mattresses and case goods replaced, and when
- Online-travel-agency payout statements, which show when booked revenue actually lands
Local context, our arithmetic from County Business Patterns 2023: the 43 traveler-accommodation employers in Mohave County, AZ averaged about 19.7 employees per property, with payroll near $23,900 per employee. Housekeeping and front-desk wages are a weekly cost that does not shrink in a slow month, which is why a line of credit can sit beside a renovation loan.
Lodging counts for Mohave County, AZ from the Census Bureau
| Measure | Value | Source |
|---|---|---|
| Employer establishments | 43 | County Business Patterns 2023, NAICS 7211 |
| Paid employees | 849 | CBP 2023, pay period including March 12 |
| Annual payroll | $20.3 million | CBP 2023 |
| Locations below five employees | 46.5% (20) | CBP 2023 |
| Establishments with a ZIP 86401 address | 18 | ZIP Business Patterns 2023 (USPS ZIP area, not city limits) |
| No-payroll businesses (counted separately) | 72, receipts $6.2 million | Nonemployer Statistics 2024, NAICS 7211 (separate program; not added to CBP) |
Eighteen hotel and motel employers had a ZIP 86401 address in 2023 (ZIP Business Patterns), a large share of the county's 43. Many county properties are small: 46.5% had fewer than five employees. The page of Kingman, AZ business figures has the county overview; the industry list also covers restaurants and bars.
By Quarrymoor Financial · Updated
