HVAC (or heating, ventilation and air conditioning) systems are an important aspect of residential and commercial buildings such as homes, hotels, office buildings and hospitals, as well as vehicles such as trains, airplanes, ships – essentially anywhere where safe and healthy building conditions are regulated with respect to temperature and humidity using fresh air from outdoors.

Below, we discuss the finance options available to businesses for the purchase of HVAC systems and the benefits of doing so.

Our team of finance professionals can help you find the right solution – get in touch to request a no-obligation quote.

Financing HVAC Systems

Finance solutions such as leases and Hire Purchase enable businesses to purchase the latest HVAC equipment and technology whilst spreading the cost inline with return on investment.

We can wrap multiple elements of a project or different finance products into one bespoke solution, so if you were looking at arranging finance for other assets and equipment alongside a HVAC system, it might be worth considering investing in the equipment as part of a larger refurbishment project.

Why finance HVAC systems?

The upfront cost of a HVAC system can be expensive, particularly if being fitted throughout an entire building. By utilising finance rather than paying for the equipment up front, businesses can benefit from:

Affordable, fixed repayments

Spreading the cost of a HVAC System over time can help you invest in the equipment you need without compromising on quality and enables you to move forward with the purchase when you need it the most. With fixed rates throughout the agreement term, budgeting for further business growth is made much easier and, in some cases, it’s also possible to spread the VAT over the term too.

Potential tax savings

Unlike with cash purchases, utilising finance can unlock 100% tax relief on both the capital cost and the interest, meaning your business can purchase the equipment whilst saving more on tax.

Opportunity cost

Taking capital from your business to sink into assets like HVAC systems that will deprecate over time isn’t the best use of your money. By financing the equipment, you can maintain more of your cash within the business to use for other investments and resources.

Lifecycle management

Spreading the cost enables you to avoid unexpected spikes in your expenditure that you haven’t budgeted for, ensuring you have more control over any future investments.

Spread the risk

Working with a finance broker like Bluestone gives you access to one of the largest panels of specialist funders, increasing your available credit lines and allowing you to spread risk over time, eliminating over-reliance on your primary funder (such as a bank.)

Running a HVAC systems supplies business?

Bluestone can partner with HVAC supplies businesses to enable them to offer their customers an alternative to paying upfront, providing them with the opportunity to overcome any budget restrictions and move forwards with their projects without delay.

By providing your customers with the option to finance their equipment, you also benefit from:

Increased order values

When a customer can spread their payments over a 2-, 3-, or 5-year period they can often increase their overall equipment spend with you by as much as 30%.

Build customer relationships

Offering finance as an option to your customers can help build longer term relationships as you will usually liaise with the person responsible for signing the purchase of the new equipment, strengthening your understanding of the customer and their future requirements.

Improved customer retention

By providing a good service, payment options and customer contact by approaching them when their agreement is coming to an end, it’s likely that they will choose to renew the lease and stay with your company, rather than moving to a competitor, or if they paid upfront in cash as a one-off transaction.

Boost your cashflow

Typically, you will receive full payment within 72-hours of the customer’s finance agreement being approved, which is great news for your cashflow.

Why offer finance through Bluestone

Want to offer your customers the option to finance their purchases, or considering a new finance partner for your business? By partnering with Bluestone as a trusted finance provider, you can:

• Get quick finance quotes online and submit applications 24/7 via the Bluestone Portal.
• Track all your customer finance applications via your Bluestone dashboard.
• Benefit from our 27+ years of experience in commercial finance solutions that deliver growth.
• Access competitive interest rates from a diverse panel of 50+ lenders.
• Realise your growth ambitions with the support of your dedicated Bluestone account manager.
• Enjoy no contracts, no fees, no pressure - use us when you need us.

If you are running a HVAC system supplies business and are interested in offering your customers the option to spread their costs over time through Bluestone, simply complete the form. We'll be in touch soon to learn more about your business, your growth plans, and your customers.

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