An Alice, TX plumbing and HVAC shop can put a second service van and its shelving on one equipment loan, finance pipe cameras and refrigerant recovery machines as equipment, and carry parts stock on a credit line until each job is billed and paid. This article prices the van and a parts draw with invented figures.
Spread over five years at a 9.9% annual rate, an invented $41,380 van with its shelving runs $877.17 a month, with $11,250.20 of interest. Camera and recovery tools can go on equipment terms, and an invented $6,145 parts draw on a credit line held for 33 days costs $71.95 of interest.
A second service van with shelving for an Alice, TX plumbing and HVAC crew: invented payments
A second van lets the shop run two crews at once. The van and the shelving, bins and ladder mounts fitted inside it can be financed together, with the van as collateral.
Illustration only, invented figures: a service van priced at $38,195 and $3,185 of shelving and bins come to $41,380 on one equipment loan at a 9.9% annual rate over 60 months. For the invented van package that means $877.17 each month for five years: $52,630.20 paid in all, $11,250.20 of it interest.
A partner may look at the van's price sheet, the business's bank statements and its time in business. An upfit bought from a separate shop can be named on the same request with its own quote.
County Business Patterns counted 90 paid employees and $4.2 million of annual payroll at plumbing, heating and air-conditioning contractor establishments in Jim Wells County, TX in 2023. In ZIP 78332, the same survey lists 6 establishments in that trade for that year.
Plumbing contractor business loans for camera and recovery tools in Jim Wells County, TX
The tools that ride in the van are equipment too: a pipe inspection camera with a locator for finding a line's depth and position, a PEX expansion tool kit, and on the HVAC side a refrigerant recovery machine and a digital vacuum gauge.
Tools at these prices can sit on a short equipment term, or several can be bundled into one request so there is a single payment. The contractors page works through a press tool kit, a pipe threader and a drain machine on one invented loan, so this article leaves those three out.
Nonemployer Statistics counted 29 plumbing, heating and air-conditioning contractors with no paid employees in Jim Wells County, TX in 2024, with $2.2 million in receipts.
Parts stock on a credit line for a Jim Wells County, TX plumbing and HVAC shop: a 33-day draw
Copper line sets, fittings, capacitors and contactors bought for a week of service calls tie up cash until each job is invoiced and paid. A credit line follows that cycle: draw for the order, pay it back as customers pay.
Illustration only, invented figures: the shop draws $6,145 for a parts order at a 12.95% annual rate and pays it back 33 days later. In this invented example the interest is $71.95.
The line has to be open before the order is placed, so arranging it comes first; each draw then follows a parts bill. A draw left unpaid because one customer is late keeps adding interest every day, so paying the line down as each invoice is paid keeps the balance tied to the jobs still open.
Electrical contractor financing next to plumbing and HVAC: which bill goes to which product
An electrical contractor faces the same three bills with different tools: a van, wire and breaker stock, and payroll that falls due before a general contractor pays the invoice.
| Bill | Plumbing and HVAC | Electrical | Funding type |
|---|---|---|---|
| Vehicle | Service van with shelving | Service van with wire reel racks | Equipment financing |
| Tools | Pipe camera, recovery machine | Hydraulic crimper, conduit bender | Equipment financing |
| Stock | Fittings, line sets, capacitors | Wire, breakers, boxes | Credit line |
| Payroll before an invoice is paid | Crew wages | Crew wages | Working capital |
Each funding type has its own page: equipment financing, the business line of credit and working capital.
County Business Patterns counted $4.5 million of annual payroll at electrical contractors and other wiring installation contractors in Jim Wells County, TX in 2023. Nonemployer Statistics counted 26 electrical contractors with no paid employees in the county in 2024.
By Southmoor Business Funding · Updated
