A payment calculator, a documents checklist for HVAC contractors, a business plan outline for quick-service restaurants and a filings list, plus SBDC and SBA offices. Rowanleaf Lenders passes requests to funding partners.
Tools and checklists for Lexington, SC auto repair shops and gas stations
The working capital and term loan calculator shows what a quote would cost each month: enter the amount, a rate (annual %) and the months, and it gives the payment, the total interest and the total repaid. An auto repair shop pricing a lift, or a gas station pricing a new cooler, can run the vendor quote at two or three rates before asking anyone for terms.
The checklists on this page work for any trade. The examples use HVAC contractors and quick-service restaurants because their paperwork differs: one bills by the job, the other takes card sales every day.
A business loan documents checklist for Lexington County, SC HVAC contractors
Each funding partner sets its own document list, so this one is a head start, not a rule. It is written for a small heating and cooling company, where the owner keeps the books between service calls; in Lexington County, SC, 45.5% of the 123 establishments under Plumbing, Heating, and Air-Conditioning Contractors (NAICS 238220) had fewer than five employees in 2023 (CBP).
- Recent business bank statements, showing deposits from service calls and system installs
- Last year's business tax return; a partner can also want the owner's own return
- Income and expenses for the year so far, with service work and replacements shown apart
- An aging list of open invoices: which builders and homeowners owe what, and since when
- Vendor quotes for any units, a service van or tools the money will buy
- Licenses and insurance certificates the company holds
- Maintenance agreements in force and what each one bills
- Owner ID and the entity papers that show who can sign
How Lexington County, SC HVAC contractors prepare for a small business loan
- Name the use and the amount, ideally from a quote: a van, a recovery machine, a month of payroll during a large install.
- Match the use to a product: equipment financing for a machine or vehicle, working capital for payroll and supplies.
- Collect the open invoices that are past due before asking; a cleaner aging list tells a partner more than a long explanation.
- Run the payment through the calculator and check it against a slower month, not the strongest one.
- Gather the documents in the checklist on this page into one folder.
- Call (803) 455-2971 or send the request form, and expect a funding partner to come back with questions about the quote or the invoices.
Building a business plan for a loan request: Lexington County, SC quick-service restaurants
A lender reading a restaurant plan can look for whether the numbers hang together more than for polish. In Lexington County, SC, Accommodation and Food Services held 667 employer establishments in 2023 (CBP, NAICS 72), and only 21.4% of the sector had fewer than five employees, so a counter-service plan should show a real payroll.
- The concept, the menu and the hours, in a paragraph
- The location and lease terms: rent, length and renewal options
- A staffing plan with shifts and the weekly payroll it produces
- Sales by month for the first year, with the assumptions written out
- An equipment list with quotes: fryers, hood, walk-in cooler, point of sale
- Opening costs kept apart from the cash held back for the first payrolls
- The owner's restaurant experience and who runs each shift
State and county filings a Lexington County, SC quick-service restaurant keeps current
A lender can ask a restaurant for proof that its registrations are current before it decides. Which filings apply, and when each one renews, is set by the agency that issues it, so the answer comes from that agency or the restaurant's accountant, not from this site.
- State tax account: the South Carolina Department of Revenue explains how to apply for a business tax account (MyDORWAY).
- Business entity standing with the South Carolina Secretary of State, for a corporation or LLC.
- Town and county licenses: ask the Town of Lexington (its official website is lexsc.gov) or Lexington County directly.
- Any permit the kitchen operates under, with its current dates.
Where Lexington, SC owners find SBDC and SBA help
Two public offices help owners outside of any funding request. The South Carolina Small Business Development Center network lists its offices on its locations page, and the U.S. Small Business Administration has a South Carolina District Office page.
Rowanleaf Lenders is not part of either office, and neither office reviews requests sent through this site. A business plan written for either office can go into a request here as well.
By Rowanleaf Lenders ยท Updated