Financing for hvacr - Articles - Page 3

Contractor Pro Homeowner Series

Homeowners Prefer Diverse Payment Terms

Survey finds homeowners prefer financing options and discounts depending on payment type

November 14, 2023

Contractors have to be willing to offer a diverse range of payment terms that fit the needs of every one of their customers.

Contractors Not Offering Financing Likely Losing Business

An HVAC Minute Video Update: August 14, 2023

Hannah Belloli-Oster

August 14, 2023

In order for HVAC contractors to start offering financing if they aren’t already, they have to take the time find the right lender/finance company, train their staff, and invest in understanding what it means for their customers and their company in order to make it profitable enough to outweigh any associated costs.

Tight Money Economy: Is It Time for HVAC Owners to Consider Financing?

Through financing, you may be able to sell your business for more money

Patrick Lange

August 13, 2023

If you’re thinking about selling your business within the next year, interest rates will have a definite impact on the number of buyers who will be able to offer top dollar for your company.

Financing HVAC in the Inflation Era

With today’s prices, contractors who don’t offer financing are likely losing business

Hannah Belloli-Oster

July 21, 2023

In order for HVAC contractors to start offering financing, they have to find the right finance company, train their staff, and invest in understanding what financing means for their customers and company in order to make it profitable enough to outweigh any associated costs.

The NEWSMakers Podcast: How HVAC Contractors Can Work With Their Banks

Kyle Gargaro

May 26, 2023

Harry Gunsallus of Owners Bank tells Kyle Gargaro, editorial director, ACHR NEWS, how contractors can improve their relationships with their banks.

LG Air Conditioning Technologies and Synchrony to Partner on Multi-Year Financing Program

May 22, 2023

The program is designed to offer homeowners cost-saving promotions.

How Should Small Businesses Respond to SVB Collapse?

The collapse of SVB reminds small business owners to take the required steps to protect their money in the bank

Hannah Belloli-Oster

May 4, 2023

Though the collapse of SVB primarily impacted businesses and investors within the tech center, HVACR contractors — especially small business owners — should take steps now to make sure their cash in the bank is safe.

Mergers and Acquisitions: Two Bankers Say HVAC M&A Market Still Robust, One Buyer Sees Bigger Slowdown

Mergers and acquisitions activity is slightly off its recent peak of two years ago, according to two investment bankers involved in such deals

Matt Jachman

March 21, 2023

While M&A activity has slowed, there is still a lot of opportunity in the market.

BlocPower Announces $150M in Financing for Building Decarbonization in Low-Income Communities

March 8, 2023

BlocPower, a climate technology company focused on greening America's buildings, announced a fundraising round of $150 million, including more than $24 million of Series B corporate equity led by VoLo Earth Ventures and $130 million of debt financing led by Goldman Sachs.

Stressed Homeowners Make it Harder to Close HVAC Sales

Kyle Gargaro

August 12, 2022

With inflation being a hot topic, Modernize Home Services, a provider of marketing services for contractors, conducted a survey of more than 500 homeowners considering home improvement projects — including HVAC.