How does Trane® Commercial HVAC Financing work?
Seven steps to successful commercial heating and cooling financing:
- First contact Global Heating & Cooling at 216-797-1230, to help you prepare your application and navigate the process.
- A monthly payment will be quoted to you by Global Heating & Cooling. If you have not been quoted a payment, contact Global Heating & Cooling.
- A Credit Application is required if you are ready to proceed with the financing. Complete our easy online application and attach the job proposal (provided by Global Heating & Cooling).
- Additional paperwork may be required:
- If the financed amount is over $100,000, two years of financials may be requested along with other documentation.
- Not-for-profit or religious entities must complete a Not-For-Profit/ Religious Organization Questionnaire.
- A credit underwriter will review your application. Typically, you should receive a response within 24 hours with either an approval, denial, or request for additional information.
- A financing agreement will be sent for execution following approval. Upon receipt of the properly executed documents, advance payment (if any), and documentation fee (if required), a purchase order will be issued to Global Heating & Cooling. This serves as notice to proceed with the transaction or installation.
- Upon either the delivery of the equipment or in the case of a project, completion of the project, Global Heating & Cooling will submit an invoice. After review, you will be contacted to verify equipment acceptance.