What Are The Affordable HVAC Financing Options?
Buying a new HVAC unit is a big decision. Not only is it expensive, but it also determines if you’re going to be comfortable at home or not. Having an HVAC unit is not a luxury, it’s a necessity – but one that not many people can’t afford to pay for out-of-pocket. In fact, over 70% of Americans don’t have enough money in the bank to pay for their unit outright.
Most Common HVAC Financing Options:
The most common HVAC financing options that homeowners turn to include:
- Personal Loan
- Credit Card
- Home Equity
- Loan Programs
- Contractor Financing
Individuals who have a good credit score are the ones who are likely to qualify for the best, most affordable financing terms. So, what if you have poor or damaged credit? There’s another program you may want to consider.
HVAC Financing vs. Lease Purchase
At Microf, we’re proud to offer an affordable lease purchase program for those with good, poor, or even damaged credit scores. Our program differs from traditional HVAC financing in several ways. Traditional financing allows you to purchase the unit without having the money to pay for it. However, the good credit is almost always a requirement. On the contrary, Microf’s lease purchase program maintains ownership of the leased equipment until you pay the total cost over time – and we don’t use your FICO score to determine eligibility.
The Benefits of An Affordable Lease Purchase Program
There are many benefits to consider with a lease purchase program, including:
- Quick Approval
The last thing you want to do is wait in the freezing cold or sweltering heat waiting for financing to go through. With Microf’s lease purchase program, you can get approved within minutes.
- Eligibility Regardless of Credit
Leasing an HVAC unit through Microf doesn’t require great credit. Our program was designed to help homeowners with a broad range of financial needs.
- Convenient Monthly Payments
Everyone’s financial situation is different. Our team of experts will help you determine a good payment plan that works for you. We offer multiple payment terms and options.
- Simple Application Process
Our application process is easy. All we need from you is an ID, active bank account, and proof of steady income.
- Contractor Support
We work with some of the best contractors around the country. After you get approved for leasing your HVAC unit, we’ll help you find a contractor in your area who will not only install the unit for you, but maintain it for years to come.
Contact Microf Today For Affordable Leasing Options
For over 10 years, Microf has been providing convenient options for homeowners with good, poor, or damaged credit around the United States. Your comfort is and always has been our top priority. Our lease purchase program is the best alternative to traditional HVAC financing and in a lot of ways, could be the more affordable option for you. Contact our team at Microf today to learn more about your lease purchase options!