Guidelines
| Eligibility: |
HVAC equipment purchasers |
| Consumer Amounts: |
(1) 1,000 to $35,000 |
| Application by: |
Fax - Website - Email |
| Monthly Payment: |
Determined by a calculator |
|
Monthly Payments
Monthly Payment Calculator: 3 Easy Steps...
- Find Monthly Payment Calculator under desired term
- Multiply total contract price by Monthly Payment Calculator
- Result equals monthly payment
|
|
84
|
72
|
60
|
48
|
36
|
24
|
12
|
|
|
.02122
|
.02242
|
.02497
|
.02744
|
.03374
|
.04754
|
.0905
|
|
|
18.9%
|
17.9%
|
17.9%
|
14.9%
|
13.9%
|
14.2%
|
18.5%
|
|
|
84
|
72
|
60
|
48
|
36
|
24
|
12
|
|
|
.02223
|
.02344
|
.02610
|
.02848
|
.03493
|
.04925
|
.0948
|
|
|
18.9%
|
17.9%
|
17.9%
|
14.9%
|
13.9%
|
14.2%
|
18.5%
|
|
|
84
|
72
|
60
|
|
|
.02330
|
.02450
|
.02729
|
|
|
18.9%
|
17.9%
|
17.9%
|
|
|
84
|
72
|
60
|
|
|
.02559
|
.02677
|
.02982
|
|
|
18.9%
|
17.9%
|
17.9%
|
* Interest rate subject to change without notice
** Interest rates may vary with an applicant's credit rating. (call for rates)
*** Customer application fee may be required depending upon applicant's credit rating.
**** Rates on amounts exceeding $20,000 are subject to review. (call for rates).
Monthly Payment Example:
Contract Price: $2,500
Monthly Payment Calculator (e.g. 60 month): 0.02497
Payment/month: $62.43
Why FTL Finance?
- Quick approval
- Lower rates
- Fixed interest rates
- 12 months same as cash (1)
- 6 months same as cash (2)
- 90 days same as cash (3)
(1) 12 Months Same As Cash (SAC): First payment is not due until 12 months from the date of the contract. If the customer pays the entire amount by the end of the 12-month SAC term, they are not charged interest for the period. Payment in full must be received prior to the end of the 12-month period for finance charges to be waived. If payment is NOT received in full by the end of the 12-month period. The finance charges for the 12-month period will accrue from the original date of contract and on the original financed amount. (Dealer cost 12%)
(2) 6 Months Same As Cash (SAC): First payment is not due until 6 months from the date of the contract. If the customer pays the entire amount by the end of the 6-month SAC term, they are not charged interest for the period. Payment in full must be received prior to the end of the 6-month period for finance charges to be waived. If payment is NOT received in full by the end of the 6-month period. The finance charges for the 6-month period will accrue from the original date of contract and on the original financed amount. (Dealer cost 4.9%)
(3) 90 Days Same As Cash (SAC): First payment is not due until 90 days from the date of the contract. If the customer pays the entire amount by the end of the 90-days SAC term, they are not charged interest for the period. Payment in full must be received prior to the end of the 90-day period for finance charges to be waived. If payment is NOT received in full by the end of the 90-day period, the finance charges for the 90-day period will accrue from the original date of contract and on the original financed amount. (Dealer cost 2.9%)
Simple Customer Application Process
- Customer completes and signs application
- Dealer verifies customer's signature and I.D. (Driver's License or credit card)
- Fax, Web, or Email
- Decisions typically within 15 minutes
When FTL has received the signed lease contract, Truth-in-Lending form, and the original application, we will handle all administrative tasks. FUNDING WILL BEGIN when the above documents are in FTL's possession and installation and terms have been verified with customer.
- You will be funded electronically and must provide a voided check with your first completed project