When disaster strikes, unscrupulous actors come out of the woodwork. They prey on the general confusion and desperation. Ruth King, profitability master with HVACChannel.TV, said this unfortunately happens all the time after events such as hurricanes. The COVID-19 pandemic is proving no different.
One of the biggest concerns for HVAC contractors right now is access to funding. An online poll currently running on The ACHR NEWS website finds nearly half of respondents are seeing major slowdowns to their business, with 20 percent saying they might have to shut their doors. The federal government has announced billions of dollars’ worth of financial support through various programs, including loans backed by the Small Business Administration.