AC Financing

Low-Cost PACE Program

Frosty first recommendation is the lowest cost financial option PACE Financing. PACE stands for Property Assessed Clean Energy Financing. PACE is a local community tax assessment program that provides capital for energy-efficient upgrades or water savings home improvements upgrades. The loan is paid through the homeowner’s property tax bill either once or twice per year. The key benefits of this financial options:

• No Credit Check – PACE doesn’t need your FICO score because it’s not FICO based
• Lowest Interest Rate Available – Lowest interest rates for the Florida Pace Program (only 6.49% with no dealer fees or prepayment penalty)
• No Upfront Costs – PACE will provide the money for the total cost of the AC Project, including all fees and labor costs
• Based on Equity – PACE is a temporary assessment on the homeowners’ property, with no impact to your personal credit score
• Terms Up to 20 Years – PACE offers flexible repayment terms for 5, 10, 15 or 20 years (depends on product)
• Potential Tax Benefits – The interest on Pace payments may be tax deductible (please check with your accountant)
• No DTI (Debt-to-Income) Issue – PACE doesn’t need to worry about DTI, it is the property that is qualifying
• Property Tax Assessment – PACE payments are made through a line item on your property tax bill
• Transfer-ability – If the homeowner sells, their remaining balance may be able to transfer to the new homeowner

Call Frosty’s Air Conditioning (813) 621-5900 to determine if you qualify for PACE Financing and get an immediate decision – no waiting.

To learn more about the PACE Program, click on Florida PACE Funding Agency. Frosty’s can make it extremely easy for you to determine if you qualify and can handle all the arrangements.

Lennox Consumer Credit Program

The Lennox Consumer Program is a special financing option through the Lennox Corporation for qualified dealers that participate in the program. This program provides a reduced interest or a zero interest loan for the customer that purchase and install from Frosty’s for a new Lennox Air Conditioner. The program doesn’t exclude any manufacturer discounts or rebates from Lennox. The loan decision can occur over the phone within minutes to determine if you qualify for this program.

Frosty’s offers with this program for customers some financial options:

• Special Financing Available – see if it will fit your situation – Call Laura (813) 621-5900 to learn more.
• 2 Month Zero Interest with No Minimum Monthly Payments – Same as Cash – This option allows for 12 months of payments that are interest-free with no minimum per month. The minimum loan amount is $1,000, and the maximum loan amount is $25,000. This is the same as cash if paid off completely within the specified 12 months period.

Call Frosty’s Air Conditioning (813) 621-5900 to process your “Lennox Consumer Credit Program” loan over the phone and get an approval decision in a few minutes.

Cash, Personal Check or Bank Check

Frosty’s recommends using cash, personal check or a bank check if you have the money on hand as the easiest and fastest way to buy and install your new AC System. You can use your cash to pay the total amount due for your new AC System or use it to make payments to the above financial options of either the PACE Program or the Lennox Consumer Credit Program.

Most Major Credit Cards Accepted

Frosty’s recommends using your credit cards as a last resort due to the possible high cost of the interest rates. Depending on your credit card, the interest rate may be over 20%. Instead of using a credit card for a New AC Replacement, it’s more cost-effective for you to use the PACE Program (5.99% interest rate) or the Lennox Consumer Credit Program (6.99% or 9.99% rate).  However, the use to credit cards to pay for AC Repairs are very popular and the usual amount charged is significantly much less than the cost of a new AC System.