Boldmoor Financial of Lumberton, NC helps hotel and motel owners compare funding for purchases, renovations, equipment and payroll; funding partners review each request and decide. Robeson County, NC counted 25 hotels and motels with employees in 2023 (County Business Patterns).
At a glance
- Hotels and motels, Robeson County, NC
25 (CBP 2023)
- Employees
366 (CBP 2023)
- Properties in the Lumberton, NC mail ZIP
14 (ZBP 2023)
Robeson County, NC rooms-for-rent properties in the count
Traveler accommodation (NAICS 7211), the Census group for hotels and motels, counted 25 employer establishments in Robeson County, NC in 2023, with 366 employees and $6.1 million in payroll (County Business Patterns). Of those, 14 carried a 28358 mailing ZIP (ZIP Code Business Patterns).
| Industry (NAICS) | Employer establishments | Employees | Annual payroll | Under 5 employees | In ZIP 28358 |
|---|---|---|---|---|---|
| Hotels and motels (7211) | 25 | 366 | $6.1 million | 24.0% | 14 |
By our arithmetic, that is about 14.6 employees per property. Nonemployer Statistics counted 12 accommodation businesses with no paid employees in 2024, a separate program. No occupancy or visitor figures are cited on this site.
Hotel business loan interest rate in Lumberton, NC
No rate is quoted here. A hotel loan is priced from the property's record (revenue per available room, occupancy history in the property's own books, franchise status), the loan structure and the collateral. Ask for the rate, all fees and the total cost, and whether the rate is fixed or variable.
Hotel management loan for Robeson County, NC businesses
A management company or an owner-operator funds payroll, linen and supplies, and repairs between monthly settlements from booking channels. That is a working capital question. A property improvement plan required by a franchise is a larger, one-time cost suited to a term loan.
Hotel loan scheme
Searches for a hotel loan scheme can come from countries where governments run named lending schemes. In the United States, hotel financing comes from banks, credit unions, specialist lenders and equipment finance companies, each with its own programs. Boldmoor has no tie to any public scheme.
Business loan to buy a hotel around Lumberton, NC
Buying a hotel or motel is a term loan request read on the seller's books: several years of revenue, expenses, the franchise agreement if any, and the property's condition. The buyer's experience running lodging matters to a partner. Read the motel financing guide for the buyer's steps.
Working capital for hotel sales, explained for Lumberton, NC owners
Illustration only, invented figures: refreshing 40 rooms at $2,800 each for beds, linens and televisions is $112,000. Those items can be equipment financing, separate from any building work. Hotel sales themselves arrive after stays, so working capital can carry payroll during the refresh.
Hospitality business loan: a Lumberton, NC primer
- Term loans for purchases, renovations and property improvement plans.
- Equipment financing for furniture, fixtures, laundry and HVAC units.
- Working capital for payroll and supplies between settlements.
- Lines of credit for recurring slow stretches.
Where a lodging property's cash goes
- Rooms are booked directly or through online channels.
- Channels settle payouts on their own schedules, net of commissions.
- Housekeeping and front desk payroll run weekly or every two weeks.
- Linens, supplies and utilities are paid monthly.
- Furniture and HVAC units are replaced on a cycle.
Booking-channel timing and the replacement cycle are the two things to plan for. The first is a working capital question; the second is an equipment one.
Questions to settle on a hotel offer
- Is the property pledged, the furniture, or both?
- Is the rate fixed or variable, and for how long?
- Does a franchise require a renovation during the loan's term?
- What does the total repayment come to?
Lodging payroll and size in Robeson County, NC
By our arithmetic from County Business Patterns 2023, hotels and motels in Robeson County, NC averaged 14.6 employees and $243,480 in annual payroll per establishment, or about $16,631 per employee. Counts include part-time workers, so the per-employee figure is not a wage rate.
Payroll per property is the steady cost; furniture, roofs and HVAC are the lumpy ones. A request that names which kind of cost it covers is easier for a partner to read.
Property improvement plans
A franchise may require a property improvement plan when a property changes hands or at set points. The plan lists required renovations and a deadline; its cost is a term loan or equipment request with the franchise's scope attached.
Property bills matched to structures
| The bill | Structure to compare | Why it can fit |
|---|---|---|
| Buying or renovating a property | term loan | Level installments across an agreed term |
| Room furniture, laundry, HVAC units | equipment financing | The items secure their financing |
| Payroll between settlements | working capital | Covers the wait for booking payouts |
Neighboring pages: restaurants and gas stations; all sectors on the industry pages.
By Boldmoor Financial · Updated