Why Partner with Fund My Contract for Your HVAC Financing Needs?
- September 20, 2024
Published September 09, 2024
Why Partner with Fund My Contract for Your HVAC Financing Needs?
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Customers want to save money on the goods and services they need. But even a fair bid for HVAC system installation or repair costs can be out of reach for a customer, especially if he or she hadn’t anticipated such an expense as part of the monthly budget.
Affordability is the most common reason why a customer will elect to wait on having a contractor come out to service their heating and cooling equipment. They may decide to go without living in comfort in an effort to save money and even if it’s only for a few weeks or months, when a customer waits to have the work performed, that can have a direct impact on your ability to grow your HVAC business.
But HVAC financing options through Fund My Contract can make the work more affordable by giving your customers more flexibility to pay for the service you provide. Your customers no longer have to put aside the work they need and your HVAC company doesn’t have to wait to generate the revenue that fuels growth and expansion on your terms, nobody else’s.
HVAC System Financing Helps Customers Say Yes
The cost of a repair or a full replacement with a brand new system can be a hefty expense that most consumers can’t afford to pay in one lump sum. But ignoring a small repair often leads to a larger problem and, before long, the cost of fixing the issue increases substantially. That leaves your customer without a functioning HVAC system and if it happens to be at a time of the year when no heating or cooling in the home can make life unbearable.
Any solution that makes the repair costs more affordable will be of great importance to the customer.
That’s where HVAC financing comes in. When your customer learns that he or she doesn’t need to pay for the full cost of the parts and labor in one lump sum, upfront, the customer no longer has to worry about how to fit this expense into the monthly budget. Best of all, our network of third-party lenders are ready to help you offer a menu of financing options that cater to your customers’ needs.
Whether it’s the ability to pay over a series of low monthly installments, access to a low interest rate, or flexible terms for reimbursement, our network of lenders can partner with your HVAC business to give your customers more choices that allow them to hire your services for installing and maintaining their heating and cooling systems.
Boost Customer Satisfaction
Every small business owner knows that success comes from happy customers. As an HVAC system contractor, customer satisfaction only helps your business grow. Referrals and recommendations from happy customers means more jobs on the calendar and increased revenue.
Offering HVAC financing options shows your customers that you have their best interests at heart. Not only are your prices fair but you are giving them more spending power that makes paying for work easier but likely increases their ability to spend more with your business.
So, instead of the basic maintenance package, the customer may opt for the deluxe version. When it comes to parts, some brands may be more expensive than others. But when your customer has to pay for everything at the time of the sale, he or she may decide to go with a less expensive brand. Financing can empower your customer to choose the more expensive brand of cooling system part they need to replace.
Why? Because they can make payments on the item that can be spread out over many months and not have to find a way to fit the cost into their tight budget at the time of purchase. They can make their first payment and feel confident knowing that all of their other payments will fit easily into their monthly budget.
This peace of mind puts your customers at ease, increases their spending power, and makes them more willing to become repeat customers. You can bet they plan to tell others about your HVAC business through positive online reviews and word of mouth recommendations to others. That also helps you secure more jobs and earn more revenue because prospective customers will always read reviews from past customers to determine whether or not they decide to hire you or go with a competitor.
Now if that competitor offers HVAC financing and you don’t, that could very well tip the scales in their favor when that revenue could be helping you grow your business.
Contact Fund My Contract Today
Our team of financing experts are ready to discuss how your business can grow faster with HVAC financing programs and provide assistance in how to get started. Our network of third-party lenders have helped HVAC companies both big and small find more customers, generate more income, and expand faster than ever before. Even customers with less than perfect credit who are worried about getting approved for a financing program can gain access to the financing they need to support your business.
Haven’t you waited to grow your business long enough? Reach out to Fund My Contract today and we’ll explain how the process works, how your business can enjoy the many benefits of consumer financing, and gain the competitive advantage over the other HVAC companies in your area.
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