Gone are the days when the sound of the air conditioner not turning on gave you a sinking feeling in the pit of your stomach. While you still don’t want to have to replace that HVAC unit, there are affordable options out there now, so it’s not such a drain on your finances and doesn’t drain your savings account. One of the things you can do is check out the HVAC financing options at Microf. However, there are quite a few HVAC options out there now. Read on below for a few of them so you can figure out which one is the best choice for you.
The Lease-to-Own Option
Today, one of the most popular HVAC financing options has to be the lease-to-own option offered by many companies. If you have a low credit score, then you might not qualify for traditional financing and likely can’t afford to buy the HVAC unit outright because you don’t have the funds. There are only minimal financial requirements and no credit check is run to see if you qualify. These companies realize that you need to have heating and air in your home, and work to help you get the HVAC unit you need. You can make easy payments without a credit check or a huge down payment!
Traditional financing is always an option when it comes to financing your HVAC unit as well. Just remember that you do have to have a credit check performed and may have to have a hefty down payment as well. This is, of course, according to the type of credit score you have and the amount of money the unit costs.
Get a Loan from a Family Member or Friend
You can also choose to get a loan from a family member or friend when it comes time to buy a new HVAC unit for your home. The only bad thing about borrowing from family and friends is the problems money can cause among friends and family. Don’t borrow from them when there are better options out there. These are just a few of the financing options out there to ensure that you can get your HVAC system replaced when you need too. For more information on HVAC financing options for lease to own, contact the professionals at Microf for an appointment.