Best HVAC Contractor Customer Financing

How To Offer Financing To My HVAC Customers?

If you own your own HVAC business, being able to offer financing to your customers is a perk that can set you above your competition. Being a one stop shop for HVAC installation, repair, and upgrades combined with offering customized financing options can ensure your customers’ experiences are convenient, uncomplicated, and beneficial to them as well as to you.

So, how can you offer financing to your HVAC customers? 

The best way to offer HVAC financing for customers is to partner with TGUC Financial. With easy access to unsecured home improvement loans, homeowners can get prequalified in a matter of minutes. Some lenders may even be able to pay the contractor directly so you can complete the job with confidence. TGUC Financial is a trusted partner for contractors. We specialize in helping homeowners find affordable home improvement financing while delivering an unparalleled customer experience. On the flipside, contractors can receive free pre qualified leads in their area. A partnership with TGIC is truly valuable and acts as a springboard to grow your business..

What Are The Benefits Of Offering Contractor Financing To My HVAC Customers?

One of the main benefits of offering contractor financing to your HVAC customers is that your customers may be able to afford larger projects than if they paid cash. If a homeowner is in need of a larger HVAC project, thanks to customized financing options that your business can offer, they are more likely able to afford a larger project to be done all at once rather than breaking it up into smaller projects. 

Here are some of the other benefits to consider when you partner with TGUC Financial to provide financing to your HVAC customers.

1. Enhanced customer experience: Customers can enjoy the simplicity and convenience of being able to review financing options that you can offer when you become a contractor partner at TGUC financial. 
2. Plenty of lenders for your customers to choose from: The TGUC Financial network of lending partners contains several lenders to choose from. The increased competition can help to keep interest rates low as well as motivate lenders to offer zero fees, unemployment protections, and other benefits to make their loan offers more attractive. 
3. Quick funding: Funding can take as little as one business day to be paid directly to you as the contractor once the job has been successfully completed. 
4. Emergency HVAC repair financing: If a furnace or AC unit breaks down, time is critical to get the HVAC unit back up and fully operational. That is why TGUC Financial and its lending partners understand the importance of maintaining an efficient application and approval process. Once approved, the contract can begin work immediately and then be paid in full at the successful completion of the job. 

How Can I Help My Customers Pay For Their HVAC Repairs?

If you are an HVAC specialist and  have customers who need immediate repairs, you can help them with getting the repairs at an affordable price, and paying for them too. By providing financing options through TGUC Financial, even borrowers with subprime credit scores can still obtain the financing they need to get their furnaces or air conditioners back up and running. 

Having a properly working HVAC unit can be especially critical if a furnace should happen to break down in the middle of winter or if an AC unit stops working during a heat wave. Climate control is not only a benefit of living in the modern era, it is often an issue of health and safety when extreme temperatures hit. 

Who Has The Best HVAC Contractor Financing For Customers?

Hands down, TGUC Financial has the best contractor financing options available for your HVAC customers. The process to prequalify for a loan to cover the costs of an HVAC  installation or repair is incredibly simple. Once pre-qualified, your customers can review loan offers from a number of lenders to find the financing option that works best for them. They can choose from different loan repayment periods and APRs to find the monthly payment that is the most comfortable for their budget. 

Your HVAC customers, for those who qualify, can find financing for up to $100,000 to be paid over a period of up to 15 years with APRs as low as 4.99%. Plus, it does not cost the contractor anything!

As A Contractor Am I Responsible For Any Part Of My HVAC Customer’s Loan?

No. Once you have referred your customer to TGUC Financial, TGUC and the lenders who comprise the TGUC Financial lending network can manage the entire loan process. They will perform the credit check and work with the customer to walk them through the loan application process. In some cases, the lender will fund the contractor directly for the loan, but the contractor is still not responsible for the loan in any way. The only thing the contractor is responsible for is getting the job done in full. If you choose a lending partner other than TGUC Financial, be sure to ask this question to ensure you are free of any unwanted liability. 

As The Contractor When Do I Get Paid If My HVAC Customer Has Financing?

Typically, once the HVAC installation or repair has been completed, the contractor can expect to receive payment for the job in as little as one business day. The main goal of the HVAC contractor is to ensure that the project is completed to the satisfaction of the customer, within budget, and on time. In some cases, lenders will pay the contractor directly while in other cases the funds will come from the customer. 

Turn up your competitive edge. . . offer HVAC customer financing today!