Residential Financing by Synchrony

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Estimated annual value: $6,200

Financing helps grow a contractor’s business

Offering financing on every job can help contractors close more sales and homeowners get the HVAC solution they really want by breaking the cost down into convenient monthly payments. Our 2024 Residential Financing program by Synchrony offers a wide selection of consumer promotions at very competitive contractor rates.

Consumers want payment options

Century HVAC
62% of Synchrony cardholders feel promotional financing makes their large purchases more affordable*
Century HVAC
Cardholders spent $4,383 more, or 155% more, on average compared to non-cardholders*
Century HVAC
75% of Synchrony contractors report financing increases their average sale**
Century HVAC
41% of Synchrony cardholders say they would walk away from the purchase if retailer financing was not offered*

Key benefits

  • Paperless, contactless application and payment processes
  • Homeowner application pre-fill to reduce friction and increase completion rate
  • Fast credit decisions in five seconds, on average
  • Approved rebates are paid within 72 hours
  • Flexible financing plans include multiple options for contractors to choose what works best for their business
  • A dedicated sales team to train contractors’ staff and help them grow with financing
  • Compelling financing promotions plus contractor fee buydowns for eligible^ YORK contractors

*Synchrony Ninth Major Purchase Study, Home Improvement 2023
**Synchrony Dealer Survey, Home Improvement 2023
^Eligibility varies by promotional timeframe. Refer to Operating Letter for full details.

Century HVAC

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