Cold weather is upon us, and with it comes the annual ritual of firing up the heat in your home or office and hoping that nothing goes wrong after a long, hot summer of sitting idle. Furnaces, boilers, heat pumps, and radiators need to be able to work hard under difficult conditions, running constantly as outside temperatures drop. Unlike water heaters, which run year-round to provide hot water for drinking, cooking, bathing, and more, residential and commercial heating systems get to take the warmer seasons off. While that might sound appealing to a human, machinery of all varieties works best when it is kept in frequent service, and long periods of inactivity can lead to HVAC equipment failures, often when heat is most essential.
When HVAC equipment returns to regular service after prolonged dormancy, components and machinery that suddenly must work at full tilt can show signs of trouble – or unexpectedly fail completely. Sitting idle causes the lubricants in bearings to dry up, dissipate, and fill with dust, which can seize or burn out the motors in heat pumps, blower fans, and duct valves. Pilots and igniters can become corroded, preventing ignition to gas and oil furnaces, and corrosion can obstruct water passages, regulators, and relief valves in forced steam heating systems, causing leaks, poor heating, and dangerous buildup of steam pressure. Any one of these conditions, especially coupled with the normal wear and tear of age and regular use, can take the HVAC system in your home or business offline when you need it most, and can result in a significant unexpected expense.
Heating system repair simply isn’t something you can put off dealing with. Not only would an unheated workplace quickly become unsafe, and an unheated dwelling uninhabitable, but other costly problems would soon arise, like frozen and burst water pipes. When your home or office loses heat, you’ll be making an emergency repair whether you are prepared to or not – and if you own residential rental property, by law you must make repairs immediately for the safety of your tenants.
The cost of a new furnace or heat pump can be significant, and the immediate nature of the repair can force you to make difficult choices. Nobody wants to cancel holiday bonuses for their staff or tell their kids that Santa isn’t coming this year – and depleting your cash reserve would leave you in dire straits in the event of another unexpected expense. Fortunately, you can replace your faulty HVAC equipment quickly without getting blindsided by the upfront cost. Financing your new furnace, heat pump, or boiler through a company like TimePayment can keep you warm and safe in your home or business, and your emergency fund intact in the bank.
TimePayment finances all kinds of HVAC equipment for businesses and homeowners, and in many cases we can get you a credit decision instantly and funding for your new equipment the same day, saving you valuable time when every second counts. Rather than shouldering the burden of an emergency repair bill when you least expect it, financing your equipment lets you pay for it over time in manageable installments, preserving your capital for normal expenses and savings.
With HVAC equipment financing from TimePayment, replacing your hardest-working home and commercial heating systems is easy to handle, so remember to have your equipment inspected and serviced every year before winter sets in. Replacing heating system components near the end of their service lives with reliable new units financed through TimePayment averts emergencies and lets you plan your budget without worry, leaving you free to spend that holiday bonus warming yourself on a tropical beach instead.
To learn more about leasing your HVAC equipment and home heating systems, the financial products available to you, and how you can stay warm this winter without burning through your savings, contact a representative of TimePayment today.