Believe it or not, HVAC units take up one of the largest amount of expenses in a home. When the system fails, it requires a large amount of cash to repair or replace it. Since the systems are important in the day to day running of the home, they have to be repaired or replaced as soon as possible.
How the financing works
Financing for heating and air conditioning makes it possible to repair or replace the unit within a short period of time. HVAC providers understand the dilemma faced by their customers when their system breaks down. Providers partner with banks and other lenders who loan their customers the cash needed to repair or purchase the system. The customer has an option of choosing the package that suits him depending on the unit they want and the monthly installment that they are comfortable with.
Why finance the purchase of your unit?
*Hassle-free upgrade to an energy efficient unit
*No prepayment penalties
*Low monthly repayments
*Multiple payment options
*Fast and simple application process
*Monthly online statements
*Financing does not affect your credit lines
*No requirement for home equity
*Expedited credit decisions
*Periodic promotional opportunities
*No closing costs
Who qualifies for financing?
If you own a home, your chances of qualifying for financing for heating and air conditioning are high. If you have a good history of financial decisions, you also stand a good chance. If you have minimum or poor credit score, you can get letter of reference from your employer or utility company to show your reliability and financial responsibility.
Remember that financing can cover a part or the whole process of installation and purchasing.
Would you like more information on HVAC financing? We at Microf are a reliable and experienced company that offers heating and air conditioning financing. Talk to us today, our experts will answer all your questions and advise you accordingly to help you get a quality HVAC system for a low price.
