HVAC financing refers to the process of acquiring a personal loan to help pay for a new furnace, A/C, or other HVAC unit. When financing your HVAC unit, you’ll be repaying a loan in regular monthly instalments over a specific time frame. This allows you to get a new HVAC system that you need, when you need it – without having to worry about the cost upfront.

The advantage of financing an air conditioner, heating unit, or a new HVAC system is that you get to replace your older and less efficient equipment immediately. Without financing, you may have to wait several months before you can purchase a new HVAC system – depending on your financial circumstances.

Even if you have the capacity to pay for your new heating/cooling appliance upfront in full, you may want to consider applying for financing for the following reasons:

• Improve Your Credit – With financing, you can improve your credit score by making all of your monthly payments on time.
• Get Exactly What You Want – With an HVAC loan, you can buy the appliances that you want without having to worry about the upfront payment. This allows you to purchase a higher quality HVAC system instead of settling for the cheapest one available.
• Save Your Money – Without having to spend all of your money up front, you can save cash for other purposes, like for emergencies.

When looking for HVAC financing options, we recommend looking at multiple options to see what’s available. Some important things to consider when comparing financing options include:

• Duration of the Repayment Period
• Interest Rates
• Monthly Instalment Amounts
• Any Other Related Costs

We offer simple, flexible, and affordable financing options through both SNAP home finance and Financeit. You can get pre-approved online with the click of a button and choose a flexible payment plan that makes sense for you and your family. The application process only takes a few minutes and you can get pre-approved for HVAC financing in seconds.

If you need help applying for financing, contact our team and we’ll be happy to assist you!