FOR HVAC CONTRACTORS

HVAC Business Loans and Working Capital

HVAC companies earn most of their revenue in the summer and winter peaks, but payroll, truck payments and insurance are due every month. Commercial installs add another squeeze: you buy equipment up front and wait on progress billing. Clear helps residential and commercial HVAC contractors get working capital from 100+ lenders, with funding in as little as 1 to 2 days, so you can staff up before the rush and get through the shoulder seasons.

Apply for HVAC Financing

HVAC Working Capital Calculator

Amount Seeking
Desired Term
Estimated Weekly Payment
$0
500,000
Start Application
Funding up to
$5,000,000
Term lengths between
3 - 36 months
Funding within
1 - 2 Days
Time in business
6 months+
Staff Up for Peak Season
Hire technicians and stock units before the first heat wave or cold snap
Flexible
Use funds for any business purpose, from inventory to a new service van down payment
No Collateral
Merchant cash advances and short term loans require no collateral

What You Need to Get Started

Minimum Qualifications

6 months in business

$250,000 annual revenue

500+ FICO score for a merchant cash advance (600+ for a short term loan)

HVAC Company Expands

Required Documents

Completed Application

3 most recent business bank statements

Ready to Get Started? Apply Now

I had an opportunity to acquire a competitor but it required a large down payment within 3 days. I secured a short term loan through Clear the day after I applied and was able to make the acquisition. My revenue is now 40% higher than before!

R Magdalena CEO

HVAC Financing FAQs

Common uses include buying condensers, furnaces and air handlers before peak season, hiring and training technicians, covering payroll during slow spring and fall months, and funding the upfront equipment cost on commercial installs while you wait on progress payments. Merchant cash advances and short term loans have no restrictions on the use of funds.

Yes. Because funding can arrive within 1 to 2 days of approval, many contractors apply a few weeks before their peak so they can lock in equipment and staff. You typically need only a completed application and your 3 most recent business bank statements.

A short term loan offers up to $5 million over 6 to 36 months with interest from 11%, and generally needs a 600+ FICO score. A merchant cash advance is our easiest product to get approved for (500+ FICO) and offers up to $2 million over 3 to 24 months, priced with a factor rate from 1.14 instead of an interest rate. A Clear loan advisor can compare offers side by side so you can choose.

With a merchant cash advance, payments are normally tied to a percentage of your sales, so if revenue slows you can usually ask to lower the payment. Short term loans have fixed weekly or monthly payments, which some contractors prefer for budgeting.

Often, yes. A merchant cash advance can work with a FICO score of 500 or higher because approval is driven mainly by your revenue and bank deposits. Short term loans generally need 600+, and lines of credit 650+.

Short term loans and merchant cash advances can be used for any business purpose, including a down payment on vehicles or tools. If your company owns significant equipment or receivables, an asset-based loan can use them as collateral for up to $10 million at rates from 7%, though approval can take up to 90 days.

It can be. If you have 12 months in business, $400,000+ in annual revenue and a 650+ FICO score, a line of credit of up to $250,000 lets you draw funds when a big job or emergency replacement comes in and pay interest only on what you use.

Merchant cash advance payments are made daily (Monday to Friday), weekly or semi-monthly by automatic ACH withdrawal. Short term loan payments are weekly or monthly. There is no collateral required for either.

Clear is a business loan marketplace with 100+ lenders. One application lets you compare offers, and a dedicated loan advisor helps you match the terms to your seasonal cash flow. See how two HVAC companies got funded: one with an asset-based loan and one with commercial real estate financing. For other trades, see construction and contractor financing.