A Sevierville, TN motel can finance equipment it buys outright, such as a carpet extractor and vacuums for housekeeping or vending machines for the lobby, through Boldwick Funding Group. A call to (865) 326-1090 or the request form starts a request that funding partners review and decide on.
Who reviews a motel's equipment request, floor care machines on a 42-month loan, owned vending machines set against a vendor's commission with the break-even sales worked out, and a purchase list sorted by funding type.
Who reviews a Sevierville, TN motel's floor care and vending request
Any money for the motel comes from a funding partner rather than from Boldwick. A motel owner calls or fills in the request form, Boldwick goes over the purchase on the phone, and the request goes to funding partners, each of which runs its own review. A partner may make an offer or decline; Boldwick does not decide either way.
For an equipment purchase, a partner may ask for the vendor quote, recent business bank statements and how long the motel has run under its current owner, and it may check credit during that review. Filling in Boldwick's form does not count as applying for credit with any partner.
Owner-run motels are part of the picture too: 2024 Nonemployer Statistics counted 111 traveler accommodation businesses in Sevier County, TN with no paid employees, and their receipts came to $14,202,000 together (NAICS 7211). A motel run that way can ask about the same equipment as one with a housekeeping staff.
Hotel equipment financing for floor care: a carpet extractor, four vacuums and a burnisher
Illustration only, invented figures: a 52-room Sevierville, TN motel prices a carpet extractor at $6,850, four commercial upright vacuums at $689 each ($2,756) and a low-speed burnisher for the lobby tile at $3,140, $12,746 in all.
Financed over 42 months at an invented 12.6% annual rate, the package costs the motel $376.86 a month. By the 42nd payment the motel has paid $15,828.12, and $3,082.12 of it was interest. Spread across the 52 rooms, the invented payment works out to about $7.25 a room each month.
All three machines plug into ordinary outlets and roll from room to room, which keeps them on the equipment side. A partner may take the machines themselves as collateral; whether it also asks for a personal guarantee is that partner's call. Loans and leases for machines in general are set side by side on the equipment financing page.
Business loans for hotels that buy vending machines instead of taking a vendor's commission
A vending company that places its machines in a motel lobby keeps the machines and the stocking work and pays the motel a commission. Owning the machines turns that around: the motel buys them, stocks them and keeps the sales, less the cost of what it sells.
Illustration only, invented figures: two snack machines and two drink machines cost $13,560. Financed for 48 months at 12.9% a year, they cost the motel $363.11 a month, or $17,429.28 over four years with $3,869.28 of interest. The invented machines sell $1,900 a month: a vendor paying a 15% commission would hand over $285.00, while owning keeps a 45% margin after the cost of goods, $855.00.
In this invented case, owning leaves the motel $491.89 a month after the payment, $206.89 more than the commission, before counting the staff time spent restocking. The break-even sits near $1,210.37 of monthly sales ($363.11 divided by the 30-point gap between the two shares, our arithmetic); below it, the commission comes out ahead. Once the 48 payments end, the whole margin stays with the motel.
Machines bought this way can also go on a term loan when a partner prefers to treat them as one fixed purchase.
A Sevier County, TN motel's purchase list sorted by funding type, and the costs left with the building
| Cost | In this article | Funding type to ask about |
|---|---|---|
| Floor care machines | $12,746 package | Equipment financing |
| Vending machines for the lobby | $13,560 for four | Equipment financing or a term loan |
| Vending stock and housekeeping supplies | Not priced here | Working capital or a credit line |
| Housekeeping payroll in a week with a large supplier invoice | Not priced here | Working capital |
| The building, room renovation, heating and cooling units in the walls | Not priced here | Outside this site |
The building and land, renovation work in the rooms and the heating and cooling units set into the walls stay outside a request through Boldwick. Those belong with whoever finances the property.
The hotels and motels page works through in-room appliances, laundry machines and breakfast equipment, so this article stays with housekeeping and the lobby. Each cost in the list can be its own request.
By Boldwick Funding Group · Updated
