Bar Business Loans in Myrtle Beach, SC: A Walk-In Cooler, a Draft System and Spirits Stock

A bar spends on cold storage and taps that last for years, on liquor, beer and wine that sell through in weeks, and on staff hours that rise on event nights. The table sorts those costs by the product that fits.

Renovation is not funded here. Circuits, drains and line runs that equipment may need are property work outside this site, priced apart from the equipment itself.

Illustration only, invented figures: a Myrtle Beach, SC bar replaces a wall of reach-in coolers with a walk-in cooler box and condensing unit at $19,350. Sixty months at 10.25% sets the payment at $413.51; $24,810.60 goes out over the term, $5,460.60 of it interest (our arithmetic).

In this invented example, the box stands on the existing floor, and the condensing unit needs its own circuit and a line run between it and the box. That electrical and line work is property work outside this site and is priced apart from the equipment.

A partner may ask for the quote with the box dimensions and the condensing unit model, and it may set a down payment or a shorter term than the one shown.

Illustration only, invented figures: a Horry County, SC pub prices a ten-tap draft tower, a glycol power pack, keg couplers and regulators at $17,640. A loan at 11.45% for 42 months comes to $511.74 a month, $21,493.08 in total and $3,853.08 in interest (our arithmetic).

In this invented example, the beer lines run from the cooler to the tower through a chase in the wall. Cutting that chase or running lines through walls is property work outside this site; the tower, power pack and couplers on the quote are the equipment.

A partner may ask for the draft vendor’s quote showing the tap count and the length of line in the kit.

At ZIP 29577, 23 employer establishments were classed as drinking places (alcoholic beverages), NAICS 7224, in 2023 (ZIP Code Business Patterns).

Horry County, SC had 73 drinking places with paid staff in 2023 and 943 paid employees at them. Fewer than five employees worked at 23 of the 73, so 50 had five or more (our arithmetic).

Nonemployer Statistics counts 56 drinking places with no paid employees in the county for 2024, a separate program never added to the employer count. Sit-down restaurants are on the restaurant page, and coffee and juice counters on the cafes page.

Illustration only, invented figures: a Myrtle Beach, SC bar’s spirits distributor offers an 8% case discount on a $15,060 order. The bar takes the discount, so the order costs $13,855.20, and it finances that discounted amount with inventory financing at 12.75% over 4 months: four payments of $3,556.29, $14,225.16 in all, $369.96 of it interest (our arithmetic).

In this invented example, the $1,204.80 discount is larger than the $369.96 of interest, so the bar keeps $834.84 by ordering the larger lot, as long as the bottles sell through within the term.

Illustration only, invented figures: the same bar covers extra staff hours for event nights with a $7,800 merchant cash advance at a 1.34 factor, $10,452.00 to be collected from card sales. A 14% holdback on $1,640 in daily card sales sends $229.60 each business day, which clears it in 46 business days (our arithmetic). The merchant cash advance page shows how the holdback is set.