Furnace, AC & Heat Pump Financing
HVAC Financing in Elgin & the Fox Valley
Unexpected heating and cooling repairs or replacements can be stressful and costly. That’s why Rest Assured HVAC partners with OPTIMUS, the all-in-one financing platform that helps make your project stress-free and affordable. One application checks several programs, including options for challenged credit. All financing is subject to credit approval, and not all applicants will qualify.
- Prequalify in about 2 minutes
- Prequalifying doesn’t affect your credit score
- Homeownership not required on many programs
- Programs across a wide range of credit profiles
Why Homeowners Choose Financing With Us
A failed furnace in January or a dead air conditioner in July shouldn’t force a rushed decision. Financing lets you choose the right system for your home now, and pay for it over time on a plan that fits your budget.
Pre-Qualify Without Impacting Credit
Prequalification uses a soft credit inquiry, so your credit score isn’t affected. You authorize FTL Finance to pull your Experian report for that check. Being prequalified is not an approval, and submitting a complete application may result in a hard inquiry.
Fast Decisions
You’ll usually see the options you prequalify for right away. Prequalifying is not an approval: you still submit a complete application, and the provider decides.
Financing That Fits Your Budget
Multiple programs and terms. Your provider shows you the rate, payment and total cost before you accept anything.
No Prepayment Penalty on Loans
The loan programs offered through OPTIMUS carry no prepayment penalty. An origination fee or other charges may apply, and your provider discloses them before you accept. Lease-to-own agreements use early purchase options instead.
Programs Across Credit Tiers
Excellent, fair and still-rebuilding credit each have a pathway. Approval and terms are set by the provider that reviews your application.
Repairs and Replacements
Finance a major repair or a complete new system.
Homeownership Not Required
You don’t need to own your home to apply. Some programs do have property or occupancy requirements.
One Simple Application
No need to apply lender by lender. One form checks every program.
Four Providers, One Application
Instead of applying with one lender and hoping for the best, your application is matched to the program that fits your credit profile. All credit decisions, rates and terms are made and set by the provider, not by Rest Assured HVAC.
Strong credit
GreenSky®
Home improvement loans through the GreenSky® consumer loan program, with a fast, paperless process. Plans, rates and terms are set by the program lender.
- Fixed-rate and promotional plan options
- Quick decisions, paperless process
- Manage your account online
Fair credit
FTL Finance
A second-look program for customers who don’t qualify for prime financing. FTL Finance, NMLS ID 2133635, makes its own credit decisions.
- Installment loans and revolving credit
- Looks at more than just your credit score
- Plans to fit a range of monthly budgets
Building or challenged credit
Microf Lease-to-Own
A lease-purchase agreement, not a loan, covering HVAC and select home improvement work.
- No minimum credit score, though Microf still reviews every application
- Works for repairs as well as full replacements
- Early purchase options, and you own the system once all payments are made
Building or challenged credit
Breeze Lease Purchase
A lease-purchase agreement from Breeze, a division of Okinus, built around replacing equipment and major components.
- No minimum credit score, though Breeze still reviews every application
- Covers full systems and big-ticket parts such as heat exchangers and evaporator coils
- Optional Loss Damage Waiver and Service Plan, neither one required
Lease-to-Own: What to Know
If a loan isn’t a fit, your application may be matched to a lease-purchase agreement through Microf or Breeze. They are separate companies with their own agreements, and a lease is a different product from a loan, so it’s worth understanding before you sign.
How a lease works
You Lease, Then You Own
The leasing company buys the equipment and you make scheduled lease payments. Ownership passes to you once all payments are made or you use an early purchase option. It is not a loan or a credit sale, and acquiring ownership by leasing costs more than the cash price.
Optional, from Breeze
Loss Damage Waiver
An optional waiver that can end your remaining payment obligation if the leased equipment is lost or damaged by a covered event such as fire, theft, flooding or a natural disaster. The fee is included in your lease payment. It is not insurance. You can cancel it at any time, but it cannot be added after your contract is signed, and you would still owe any past-due payments and fees.
Optional, from Breeze
Breeze Service Plan
Optional repair coverage for mechanical and electrical failures after your manufacturer’s warranty ends, on equipment such as air conditioners, heat pumps, furnaces, air handlers, compressors, evaporator coils, boilers and water heaters. Billed separately on a recurring basis. It does not cover routine maintenance, filters, ductwork, drain line cleaning, refrigerant disposal, cosmetic damage, improper installation, damage from lack of maintenance or natural disasters.
Both add-ons are optional and are not required to sign a lease. The Breeze Service Plan requires manufacturer-recommended maintenance to stay active, and claims go through us as your installing contractor, so staying on a regular maintenance schedule with us keeps it in force. Important financing terms.
How It Works
One application checks every program. There’s nothing to apply for lender by lender.
Prequalify Online
Fill out one short form. It takes about two minutes and uses a soft credit check, so there’s no impact to your credit score.
Get Matched
OPTIMUS reviews programs from GreenSky®, FTL Finance, Microf and Breeze and shows you the options you qualify for.
Choose Your Plan & Schedule
Review your terms, pick the plan you’re comfortable with, and we’ll schedule your install or repair. Your agreement from the provider is where the rate, payment amount, number of payments and total cost are spelled out, so read it before you sign. Your financing provider pays us directly.
Already have a quote from us? Prequalify before your appointment so you know your options when you sit down with your technician. Need a quote first? Request a free estimate.
What You Can Finance
Financing covers the work we do most, from emergency repairs to complete system replacements.
- Gas furnace replacement
- Central air conditioner installation
- Heat pump systems
- Boiler repair and replacement
- Major furnace, AC and heat pump repairs
- AprilAire indoor air quality products
- Amana and Daikin equipment
- Emergency repairs
Stack your savings: as a ComEd Heat Pump-Trained Contractor and Nicor Gas Contractor Circle member, we can often combine financing with utility instant discounts. See ComEd instant discounts and Nicor Gas instant discounts.
Upgrading to high-efficiency equipment? ComEd and Nicor Gas customers can also finance qualifying heat pumps, furnaces and boilers at a fixed 7.49% APR and repay it on their utility bill, subject to program eligibility and credit approval. The rate and terms are set by the utility program and can change. See utility on-bill financing.
Financing for Businesses
Own a shop, restaurant, church, office or rental property? Commercial equipment financing is a separate product with its own application, funded by Navitas Credit Corp through OPTIMUS. It covers the whole project, equipment and installation, and you don’t need to own the building.
See commercial HVAC financing for what it covers and who it’s for. Subject to credit approval.
HVAC Financing FAQs
Will checking my financing options hurt my credit score?
No. Prequalification uses a soft credit inquiry, which does not affect your credit score. On the prequalification form you give written authorization for FTL Finance to obtain your Experian credit report for that purpose. Being prequalified is not the same as being approved: you still submit a complete application, and that application may result in a hard credit inquiry, which can affect your score.
Can I get HVAC financing with bad credit?
Often, yes. Your application is checked against several programs. If you don’t qualify for a loan, you may be eligible for a lease-to-own agreement through Microf or Breeze, which has no minimum credit score. A lease is not a loan, a credit report is still pulled, and approval is not guaranteed.
Do I need to own my home to apply?
No. Homeownership is not required to prequalify, and several programs don’t require it at all. Some programs do have property or occupancy requirements, which the provider will tell you about.
How long does the application take?
Prequalifying takes about two minutes, and you’ll usually see the options you prequalify for right away. Completing the full application with the provider you choose takes a little longer.
Can I finance a repair, or only a new system?
Both. You can finance major repairs as well as complete furnace, air conditioner, heat pump and boiler replacements. Some programs set a minimum amount, so a small repair may not qualify for every option.
Can I pay off my balance early?
Yes. The loan programs offered through OPTIMUS have no prepayment penalty, though an origination fee or other charges may apply. Lease-to-own customers have early purchase options instead, described in the lease agreement.
Are there any fees?
It depends on the program. Some loan programs include an origination fee or other charges, and a lease-to-own agreement costs more in total than the cash price. Every cost is spelled out in the agreement your provider gives you before you sign anything.
What’s the difference between a loan and lease-to-own?
With a loan, you own the equipment from day one and repay the lender over time. With lease-to-own, the leasing company owns the equipment while you make lease payments, and ownership transfers to you once all payments are made or you use an early purchase option. A lease is not a loan or a credit sale, and acquiring ownership by leasing costs more than the retailer’s cash price, so it’s best suited for customers who don’t qualify for traditional financing.
Does Breeze cover repairs, or only replacements?
Partly. Breeze is built around replacing equipment, and it covers big-ticket components such as heat exchangers and evaporator coils as well as complete systems, so a major repair can qualify. A small service repair usually will not. For those, a loan program or a Microf lease is the better route. Tell us what the repair is and we’ll point you at the option that fits.
Do I have to buy the Breeze add-ons?
No. Breeze offers an optional Loss Damage Waiver and an optional Breeze Service Plan, and neither is required to sign a lease. The Loss Damage Waiver can end your remaining payment obligation after a covered loss such as fire, theft or flooding; its fee is included in the lease payment and it is not insurance. The Breeze Service Plan covers mechanical and electrical failures after the manufacturer’s warranty ends and is billed separately. Your technician can walk you through both, and the terms are in the agreement Breeze gives you.
Is Rest Assured HVAC the lender?
No. We’re an HVAC contractor, not a lender. We partner with the OPTIMUS platform, which connects you with the GreenSky® consumer loan program, FTL Finance, Microf and Breeze. Those providers make all credit and leasing decisions and set the rates and terms of your plan. Questions? Call (847) 224-2420.
Can I use financing with ComEd or Nicor Gas rebates?
Often, yes. ComEd instant discounts on heat pumps and Nicor Gas instant discounts on gas equipment come off your invoice, which lowers the amount you need to finance.
Is financing available in my town?
Yes. Financing is available on jobs anywhere we work, from Elgin and Geneva to Algonquin, Hampshire and the rest of our service areas.
See What You Qualify For Today
Two minutes. No impact to your credit. Then let our licensed, insured and bonded team handle the rest.
Subject to credit approval. Important financing terms.
Lower the amount you finance: see ComEd instant discounts on heat pumps and Nicor Gas instant discounts on furnaces and boilers. Buying qualifying equipment? See utility on-bill financing.
Important Financing Terms
Rest Assured HVAC LLC
Rest Assured HVAC LLC is not a lender and does not make credit or leasing decisions. Financing and leasing are offered through the OPTIMUS platform and provided by the third-party providers named below, each of which sets its own rates, terms and eligibility. All programs are subject to credit approval or eligibility review by the applicable provider, and not all applicants will qualify. Rates, terms and program availability vary and are subject to change. Prequalification uses a soft credit inquiry that does not affect your credit score; being prequalified is not an approval, and submitting a complete application may result in a hard credit inquiry. The offers and disclosures of each provider below are separate from one another and from any promotion offered by Rest Assured HVAC LLC.
OPTIMUS and EGIA
Your application is taken and routed by OPTIMUS. OPTIMUS is not a bank or a lender. It is a payment solution platform that connects contractors and consumers with lending partners. OPTIMUS is the lending platform of EGIA Finance and is powered by EGIA, the Electric & Gas Industries Association, a non-profit industry association. Neither OPTIMUS nor EGIA makes credit or leasing decisions, funds your agreement, or sets its rates and terms: the provider that approves your application does. Information you submit through an OPTIMUS application is handled under OPTIMUS’s own terms and privacy practices. Questions about an application: OPTIMUS at (833) 678-1687.
GreenSky® Consumer Loan Program
FTL Finance
The OPTIMUS prequalification soft credit inquiry is performed by FTL Finance using Experian, with your written authorization under the Fair Credit Reporting Act. FTL Finance programs are offered and funded by FTL Finance or its lending partners, NMLS ID 2133635, www.nmlsconsumeraccess.org. All credit decisions, rates and terms are determined by FTL Finance or its lending partners. Subject to credit approval. Not all applicants will qualify.
Microf Lease-to-Own
The advertised service is lease-to-own or a rental- or lease-purchase agreement provided by Microf, LLC, or its affiliates. It is not a loan or a credit sale. Acquiring ownership by leasing costs more than the retailer’s cash price. Leasing available on select items at participating locations only. Not available in AK, HI, ME, MN, NJ, VT, WI, WY. Subject to approval; not all applicants will qualify. Early purchase options are available and are described in your lease agreement.
Breeze Lease Purchase
Breeze Lease Purchase is a division of Okinus Credit Solutions. The advertised service is a lease-to-own or lease-purchase agreement, not a loan or a credit sale, and acquiring ownership by leasing costs more than the cash price. Leasing is available on select items at participating locations only and is not available in AK, HI, NJ or WI. Subject to approval; not all applicants will qualify. The Loss Damage Waiver and the Breeze Service Plan are optional, carry separate fees, are not required to obtain a lease, and are not insurance; coverage, exclusions, billing and cancellation terms are set by Breeze and described in the agreement you receive. The Breeze Service Plan requires manufacturer-recommended maintenance to remain active.
Commercial and Utility Programs
Commercial equipment financing offered through OPTIMUS is provided by Navitas Credit Corp, a United Community company, and is subject to credit approval; see our commercial financing page for its full terms. Utility on-bill financing is offered by the applicable utility program and its administrator, not by Rest Assured HVAC LLC; rates, terms, eligible equipment and availability are set by that program and are subject to change.
