Laurelwick Lenders passes plumbing and HVAC funding requests from Lake Havasu City, Arizona contractors to funding partners. Mohave County, AZ counted 102 plumbing, heating and air-conditioning contractors with paid employees in 2023. This page covers financing for HVAC contractors, commercial jobs, working capital math, a checklist, equipment from the contractor's side, and working capital loans.
At a glance
- Plumbing, heating and AC contractors, Mohave County, AZ
102, with 730 employees (County Business Patterns 2023)
- Contractors with fewer than five employees
56, or 54.9% (County Business Patterns 2023)
- Plumbing and HVAC businesses without paid employees
110 (Nonemployer Statistics 2024)
Financing for HVAC Contractors, Explained for Service-Van Trades
County Business Patterns counted 102 plumbing, heating and air-conditioning contractors (NAICS 238220) in Mohave County, AZ in 2023, with 730 employees and $42.5 million in annual payroll, about $58,189 per employee (our arithmetic, County Business Patterns 2023). 56 of them had fewer than five employees, and 20 had a ZIP 86403 address (ZIP Code Business Patterns 2023). Service-van trades finance three things: the vans, the tools and the materials.
| What the contractor needs | Funding type | Records a partner reads |
|---|---|---|
| Service vans with shelving and racks | Equipment financing | Dealer and upfitter quotes |
| Drain machines, recovery units, press tools | Equipment financing | Tool quotes, deposits |
| Units, fittings and pipe ahead of jobs | Line of credit | Supplier invoices, job list |
| Wages while builders pay | Working capital | Receivables aging |
Illustration only, invented figures: a $61,000 service van with $14,000 of shelving and racks, financed over 72 months at an invented annual rate of 9.5%, carries an invented payment of about $1,371 a month (our arithmetic).
Commercial HVAC Loan: Questions From Heating and Cooling Contractors
A commercial HVAC loan funds the contractor's side of a commercial job: the rooftop units or the ductwork bought before installation, the crane rental and the extra crew. Heating and cooling contractors on commercial work face longer payment terms and retainage, so the questions differ from residential service work:
- How long does the general contractor take to pay each draw?
- What share of each draw does the general contractor keep as retainage, and until when?
- Can the equipment be bought on supplier terms that match the draw?
- Does the contract allow billing for stored materials?
The construction page covers draw schedules and retainage in detail.
Plumbing Business Working Capital Calculation for Lake Havasu City, AZ Plumbers and HVAC Crews
A plumbing business's working capital calculation starts with the receivables. Illustration only, invented figures: a shop completing 46 jobs a month at $2,400 each that waits 38 days on average to be paid carries about $139,840 in receivables at any time (our arithmetic). Add parts on the van shelves and in the shop, subtract what the business owes suppliers, and the result is the working capital its jobs tie up.
Lake Havasu City, AZ plumbers and HVAC crews that bill homeowners on completion carry less; those billing builders and property managers on terms carry more.
Business Loans for HVAC Contractors: A Mohave County, AZ Checklist
- Get the quote for the van, upfit or equipment.
- Gather the shop account's statements for the months a partner names.
- Have the latest business return, and the owners' returns.
- List builders and property managers who owe the business, with the amounts.
- Have the Arizona contractor license number and the entity filings.
- List current vehicle and equipment loans with their payments.
HVAC System Financing From the Contractor's Side: Plumbers and HVAC Crews
HVAC system financing commonly refers to a homeowner's payment plan for a new unit, which is consumer financing and outside this site. From the contractor's side, the question is how the business pays for the units it installs before the customer or builder pays: supplier terms, a line of credit, or working capital. Plumbers and HVAC crews that stock units on the shelf may also use inventory financing for that stock.
Illustration only, invented figures: a contractor buying $31,000 of units and materials a month on 30-day supplier terms, and collecting 38 days after installation, funds roughly a week or more of materials beyond the terms each cycle (our arithmetic); a line drawn for that gap and repaid as customers pay fits the timing.
Plumbing Business Working Capital Loans for Mohave County, AZ Service-Van Trades
Plumbing business working capital loans fit a single gap: a large commercial job that ties up materials and wages before its first draw, or a new crew hired ahead of a contract. Mohave County, AZ service-van trades sit beside 65 electrical contractors and 672 construction employers overall in the county's 2023 counts (County Business Patterns 2023), and Nonemployer Statistics counted 110 plumbing and HVAC businesses without paid employees for 2024 (Nonemployer Statistics 2024).
Working capital loans cover single gaps, business lines of credit cover recurring ones, and the Lake Havasu City, AZ page has the county counts.
By Laurelwick Lenders · Updated