Call (865) 326-1090 or send the form; funding partners decide on any offer. Loans to build or buy property are not arranged here.
A trencher payment set against day rental, a laser level kit on a 24-month loan, a nine-month working capital loan for an undercarriage repair, and small-shop shares by Sevier County, TN construction trade.
At a glance
- Construction employer establishments, Sevier County, TN
265 (CBP 2023)
- Construction annual payroll, Sevier County, TN
$132.3 million (CBP 2023)
- Construction establishments with a ZIP 37862 address
62 (ZIP Code Business Patterns 2023)
- Construction businesses with no paid employees, county
1,373 (Nonemployer Statistics 2024)
A walk-behind trencher for a Sevier County, TN electrical contractor: monthly payment or day rental?
Illustration only, invented figures: a Sevier County, TN electrical contractor rents a walk-behind trencher at $285 a day for conduit runs and prices buying one at $14,980. Over 48 months at an invented 10.15% annual rate, the payment would be $381.01 a month, $18,288.48 in total with $3,308.48 of interest.
At the invented rental price, one day costs $285, under the payment; two days cost $570, over it. So a crew that rents the trencher on 2 or more days in a typical month spends more on rental than the loan payment would cost, before fuel, upkeep and hauling (our arithmetic). A crew that trenches once a month or less has little reason to buy. In equipment financing, the trencher itself may serve as the collateral; the offer says so.
Rental has its own costs that the comparison leaves out: picking the machine up, returning it on time, and jobs that wait when no trencher is available. Owning brings storage, insurance and repairs. Writing down how many trenching days the last six months held gives the owner a real count to test against the two-day line.
Rotary laser levels and a pipe laser on one short loan for a Sevierville, TN site crew
Illustration only, invented figures: a Sevierville, TN site crew buys a rotary laser level at $2,860, a pipe laser at $5,240 and tripods, receivers and grade rods at $1,240, a $9,340 kit. Rather than three small purchases, the owner puts the kit on one loan.
The owner's monthly check, at an invented 11.65% a year for two years, is $438.14. The crew's 24 checks come to $10,515.36 in our arithmetic, and $1,175.36 is the price of borrowing. A business line of credit is the other choice when tools are bought a piece at a time across the year.
An undercarriage repair bill on a compact track loader, paid with working capital in Sevierville, TN
Illustration only, invented figures: a compact track loader needs new tracks, rollers and sprockets, and the dealer's repair invoice comes to $7,460. A repair invoice is an operating cost, so the owner looks at working capital rather than an equipment loan.
Spread over nine months at an invented 13.45% annual rate, the bill becomes $876.03 a month. The nine payments total $7,884.27, and $424.27 is interest (our arithmetic). The short term matches the repair: it is paid off long before the next set of tracks is due.
Financing a repair over five years would leave the contractor paying for worn-out tracks after they had been replaced again. The dealer invoice, with parts and labor listed, is the document to have ready for the call.
Sevier County, TN construction employers by trade, and how many run with fewer than five people
County Business Patterns counted 265 construction establishments in Sevier County, TN in 2023, with 2,297 employees and $132,268,000 in annual payroll. Specialty trade contractors made up 161 of them and building construction 94. By trade, among others:
| Trade | Establishments | Fewer than 5 employees | Share |
|---|---|---|---|
| Residential building construction (NAICS 2361) | 78 | 56 | 71.8% |
| Other specialty trade contractors (NAICS 2389) | 44 | 28 | 63.6% |
| Electrical contractors (NAICS 238210) | 22 | 13 | 59.1% |
| Plumbing, heating and air-conditioning contractors (NAICS 238220) | 41 | 23 | 56.1% |
| Nonresidential building construction (NAICS 2362) | 16 | 6 | 37.5% |
ZIP Code Business Patterns placed 62 construction establishments at a ZIP 37862 address, and 67.7% of those had fewer than five employees.
What financing for contractors through Boldwick covers, and the building loans it does not
Contractors are a funded industry here: machines, tools, work vans for a contractor that is not a trucking company, repair bills and payroll between jobs can all go into a request. Real estate purchases and building construction loans are not arranged through this site, and neither are trucking companies or freight hauling.
Nonemployer Statistics counted 1,373 construction businesses with no paid employees in Sevier County, TN for 2024, with $169,079,000 in receipts. A contractor working without a crew can send a request for any of the six funding types this site lists.
Plumbing and HVAC contractors and landscaping crews have notes on the industries page; the Sevierville, TN page has the office details.
By Boldwick Funding Group ยท Updated
