Financing HVAC at Arronco

Arronco Comfort Air has multiple options for helping our customers find financing for their HVAC systems to meet their budget and needs. Below is just a sample of a few of our recommended financing options. If you don’t see one that fits your needs, just ask us what you are looking for, and we can help you find it!

 

Synchrony Bank

• 18 MONTHS NO INTEREST: NO monthly interest if paid in full within 18 months (deferred interest) *Ask for conditions
• Reduced 9.99% APR and fixed monthly payments equal to 1.25% of promo purchase amount – Until Paid in Full
• Reduced 7.99% APR and fixed monthly payments equal to 2.00% of promo purchase amount – Until Paid in Full
• Reduced 5.99% APR and fixed monthly payments equal to 3.00% of promo purchase amount – Until Paid in Full

 

GreenSky

• Plan 1209:  APR is fixed at 9.99% for the life of this 120-month loan. 5-months initial period beginning at approval with up to 5 interest only payments (actual number of interest only payments depends on 1st transaction date) followed by 115 amortized payments based on the balance five months after your approval date. There is no prepayment penalty.

• Plan 2189:  APR is fixed at 9.99% for the life of the 144-month loan. 18-months initial period beginning at approval with up to 18 interest only payments (actual number of interest only payments depends on 1st transaction date) followed by 126 amortized payments based on the balance 18 months after your approval date. There is no prepayment penalty.

• Plan 4128:  12 months NO interest with payments. Beginning with the 1st transaction, 12 months promo period with initial payments required. If the balance is not paid off at the end of the 12 month promo period, account changes to 72 amortized payments based on the balance at the end of promo period. Interest charged to account is waived if the entire purchase balance is paid before the end of promo period. Making initial payments will not pay off the loan. No prepayment penalty. APR in loan agreement fixed for life of the loan.

• Plan 3128:  12 month NO interest, NO payments. Beginning with the 1st transaction, 12 months promo period with no payments required. If the balance is not paid off at the end of 12 month promo period, account changes to 84 months amortized loan with payments based on the balance at the end of the promo. Interest charged to account is waived if the entire purchase balance is paid before the end of promo period. No prepayment penalty.  APR stated in your loan agreement fixed for life of the loan.

 

Energy Conservation for Ohioans Program (Eco-Link)

ECO-Link is a partnership with the Ohio Treasurer of State and eligible state banks to provide reduced rate financing to encourage Ohioans to complete energy efficient projects in their homes. The program enables Ohioans to receive a 3% interest rate reduction on bank loans for five years or 7 years when completing weatherization projects and installing energy-efficient products in their homes. The maximum loan amount the interest rate reduction can be applied to is $50,000. A homeowner can opt for a seven-year rate reduction if the loan is for more than $25,000.

Qualify for Eco-LINK Applicants must meet all of the following criteria to qualify:

• MUST be an Ohio resident
• MUST own an existing home or condominium, but additional residential classifications may be eligible
• MUST receive approval for a qualifying loan through a participating bank
• MUST use 50% of loan proceeds for installation of qualifying energy-efficient products; the other 50% of the loan can relate to other home improvement projects.

Qualifying Energy – Efficient Improvements
For a list of qualifying products, please visit our website at http://www.tos.ohio.gov/ECOLINK or call 614-466-6546 or 1-800-228-1102 (Option 3).

Apply for Eco-LINK. Here are the easy steps to apply:

1. Obtain pre-approval for a loan from an eligible bank and establish an interest rate with your lender.
2. Complete a user-friendly ECO-Link application with your lender and provide them with a quote from a contractor or receipts for completed work which will be submitted to the Ohio Treasurer of State
3. Once approved, complete your energy efficient project and submit the Certificate of Project Completion to your lender within 60 days of completing the project (or be subject to termination from the program).