Business funding for HVAC companies
HVAC work swings hard between a slammed summer AC season and a slammed winter furnace season, with slower shoulder months in between. Technicians need vans, refrigerant and equipment stocked ahead of the rush, and emergency replacement jobs often close on financing terms the homeowner arranges, not cash the company gets that day.
- One application, several lenders
- No credit pull to see your options
- No fee to you, ever
Common funding needs
- Stocking furnaces, AC units and refrigerant before peak season
- Financing service vans and diagnostic equipment
- Covering payroll through the slow shoulder months
- Offering homeowner financing on a big replacement job
- Paying for a rush parts order on an emergency call
- Adding a second crew for the summer rush
What usually fits
Products that usually fit
- Line of credit for stocking equipment ahead of each season and drawing it down as jobs close.
- Equipment financing for vans, lifts and diagnostic tools.
- Working capital for a fast cash need between seasons.
- Merchant cash advance only for an urgent gap, sized so daily debits do not choke off payroll.
Compare term loans, lines of credit, cash advances and equipment financing side by side →
Illustrative example
A worked example
A shop draws $35,000 on a line of credit in early spring to stock AC units ahead of the summer rush, repaying it as summer installs close over about 4 months. At an illustrative 10–20% a year, that costs roughly $1,167–$2,333 for the period, and the limit resets for the next season.
A new service van financed for $45,000 over 5 years at an illustrative 7–16% a year runs about $891–$1,094 per month, or $53,463–$65,659 in total.
Illustrative example only, not an offer or a quote. Rates, fees and terms are set by each lender and depend on your business. Fees are not included unless stated.
Underwriting
What lenders look at
- Seasonal pattern in monthly deposits across a full year
- Manufacturer and vendor accounts in good standing
- Fleet age and any existing vehicle or equipment loans
- Technician licensing and EPA refrigerant certification
- Whether you offer homeowner financing and how it is structured
- Owner credit and time in business
Honestly
Who this is not for
- A shop with only one season of deposits to show: lenders want to see it hold up year to year
- Borrowing short-term, expensive money to carry the slow shoulder months every year without a plan
- Financing homeowner jobs personally rather than through a proper consumer financing partner
If borrowing does not make sense, we will say so.
Are you a match?
Lender network minimums
Close but not quite there? Apply anyway and we will tell you honestly what is possible.
*Best available terms from lenders in our network. Every lender sets its own criteria; approval, amount and funding time are decided by the lender and not guaranteed.
| Time in business | 1 year+ |
|---|---|
| Monthly bank deposits | $20,000+ |
| Credit score | 500+ |
| Bank account | Business |
| Fee to you | $0 |
| Credit pull to start | None |
FAQ
HVAC funding questions
Can you finance stocking equipment before the summer rush?
Yes, a line of credit is usually the fit: draw it to buy units in spring, repay it as summer installs close.
Do you offer financing homeowners can use for a new furnace or AC?
We refer business financing to the HVAC company itself, not consumer financing for homeowners. That usually runs through a separate consumer finance program your supplier or a payment processor can set up.
Can I finance a used service van?
Some equipment lenders will finance used vehicles, often with age or mileage limits. Tell us the year and mileage.
What if my deposits are strong in summer and weak in winter?
That is normal for HVAC. Lenders who work with seasonal trades read a full year of statements, not just the slow months.
Guides
Guides for hvac
Related
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Where we work: all US states · all Canadian provinces
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