Deerbank Capital Group, a small-business funding service in Conway, South Carolina, explains construction business loans for Horry County contractors: lines of credit, equipment financing and working capital for draws and retainage, with county contractor counts and building permit figures from the Census Bureau. Funding partners review each request and decide.
At a glance
- Construction employers, Horry County, SC
1,182 (CBP 2023)
- Housing units permitted, 2025
6,511 (Building Permits Survey)
- Construction businesses without payroll
4,371 (Nonemployer Statistics 2024)
Horry County, SC Contractors by Trade, 2023
| Industry (NAICS) | Employer establishments | Paid employees | Annual payroll | Under 5 employees | ZIP 29526 |
|---|---|---|---|---|---|
| Residential building (2361) | 279 | 1,393 | $114.4 million | 77.1% | 34 |
| Nonresidential building (2362) | 33 | 397 | $21.1 million | 48.5% | 4 |
| Other specialty trades (2389) | 224 | 1,427 | $72 million | 64.3% | 34 |
| Building finishing (2383) | 177 | 689 | $28.8 million | 78.0% | 18 |
| Plumbing, heating and AC (238220) | 157 | 1,489 | $84.2 million | 58.0% | 28 |
| Electrical (238210) | 85 | 925 | $46.7 million | 57.6% | 13 |
| Roofing (238160) | 26 | 201 | $10.8 million | 65.4% | 6 |
The construction sector as a whole had 1,182 employer establishments, 9,153 paid employees and $542.9 million in payroll in 2023 (County Business Patterns), with 67.1% under five employees. The Building Permits Survey shows 6,513 new housing units authorized in 2023, 7,331 in 2024 and 6,511 in 2025 across Horry County, SC.
Construction Equipment Finance Companies Near Conway, SC: Records Partners Review
Construction business loans in Conway, SC can start with a machine. Construction equipment finance companies read the quote, the machine's age and hours if used, and the contractor's backlog. Deerbank Capital Group matches your request with funding partners, who review it and make their own decision. The equipment financing page covers excavators, lifts and trucks in more detail.
Loan for Contractors: A Conway, SC Primer
A loan for contractors is read from the contracts as much as from the books: signed contracts, the draw schedule, any retainage held and the customers' payment history. A contractor with steady repeat customers gives a partner something to rely on beyond past tax returns.
1099 Contractor Loans: What Partners Review in Conway, SC
1099 contractors, owners working alone who are paid on 1099 forms, are read through personal and business records together. Horry County had 4,371 construction businesses without paid employees in 2024 (Nonemployer Statistics, a separate program from the employer counts). Keep business deposits in a business account and keep the 1099s; they are the income record.
Contractor Financing: Questions Conway, SC Owners Ask
- Can a line of credit cover materials before a draw? Yes, if a partner offers one; the contract shows when the draw comes.
- Can retainage be financed? Some partners lend against retainage receivables; others do not.
- Do partners want bonding information? For larger public or commercial jobs, they may ask.
- Can equipment and a credit line come from the same partner? Sometimes; ask.
HVAC Contractor Financing
HVAC contractors finance service vans, diagnostic equipment and the stock of units and parts for installs. Plumbing, heating and air-conditioning contractors numbered 157 employers with 1,489 paid employees in Horry County in 2023 (County Business Patterns). Installs paid on completion leave equipment and wages paid up front.
Contractor Line of Credit for Horry County, SC Employers
A contractor line of credit lets a Horry County, SC employer draw for payroll and materials while a draw is processed, then pay down when it arrives. The line of credit page explains limits, draw periods and how interest is figured; working capital fits a single gap rather than a repeating one.
Builder Line of Credit: Questions Conway, SC Owners Ask
A builder line of credit is read against the builder's projects: the number of homes under way, the draw schedules and how fast homes sell or close. Residential building employers numbered 279 in Horry County in 2023, 77.1% of them with fewer than five employees (County Business Patterns). Lot and construction loans for the homes themselves are real estate lending, outside Deerbank's options.
Draws, Retainage and the Weeks Between Them
Illustration only, invented figures: a contractor completes a $120,000 phase, the owner holds 10% retainage, $12,000 (our arithmetic), and the draw for the remaining $108,000 arrives weeks later in this invented example. Payroll and supplier bills for that phase were paid before either. A credit line drawn for the gap and repaid from the draw keeps interest to the weeks it is used.
Landscapers and Trades With Their Own Pages
Landscaping has its own page: landscaping equipment financing. Other trades, including roofing, electrical and finishing contractors, are covered here and on the industries page.
Shop Yards, Permits and Zoning Letters for Horry County, SC Contractors
A partner funding a contractor's own yard, shop or new location may ask for the permit or zoning approval first. The Horry County, SC zoning and building permits guide explains what to check, and the Conway, SC page has the county figures.
By Deerbank Capital Group ยท Updated
