No homeowner should be limited when it comes to replacing their heating or cooling system. This is the driving principle behind the concept of air conditioner financing advocated by Microf. The business model at Microf is very inclusive. The company offers the possibility to own a heating or cooling unit no matter the credit rating of the customer in need.
Replacing a defective HVAC system constitutes one of the most expensive transactions homeowners will have to execute. With many other costs to endure, replacing an air conditioning unit can become very expensive very quickly. Microf therefore seeks with the Air Conditioner Financing solution, to make this as painless as possible with both credit based and non-credit based offers.
The process at Microf is summarized in three steps. The costumer applies, Microft connects them with an installer and the unit is installed. The company moves quickly to solve the problems that may be caused by a defective heater or cooler system.
In order qualify for the air conditioner financing we offer, the minimum lease-purchase amount is $2,500 in some states and $3,000 in others. Consumers can terminate the lease agreement at any time without penalties. They do have to be up to date on their payments and willing to surrender the unit at the time of termination. Leases typically run for 36, 48 and 60 months with the monthly payments going from $190.45 to $255.46, based on a cash value cost of $5,000 for the unit.
Consumers wishing to apply must be homeowners, have homeowner’s insurance, a valid photo ID, proof of income, no recent bankruptcies and an active bank account. This is true for both the financing and the lease-to-own options offered by the company. Based out of Albany, Georgia, Microf specializes in HVAC system offers as their business model.
