In this article…
- What Payment Options Does DEETS Mechanical Offer? GoodLeap and Synchrony
- What Are The Benefits Of Financing Your HVAC and Plumbing Project?
- Are There Any Negatives To Financing My Project?
- When Should I Finance My Home Service Project and When Should I Pay Cash?
- Finding The Right Payment Option For Your Project
Whether you’re looking to purchase a new vehicle or home appliance, exploring and understanding all your payment options is important.
It’s no secret that the cost of nearly everything continues to rise year over year, making it a little more daunting to make large purchases. However, when it comes to the health, comfort, and safety of your home, putting off your project can actually cost you more in the long run.
Luckily, paying for your HVAC, plumbing, or generator repair doesn’t have to be stressful with DEETS Mechanical.
We offer several monthly payment options for up to 15 years through GoodLeap and other financial institutions to make paying for your project as comfortable as possible.
But with any large purchase, understanding all your payment options and weighing the pros and cons is essential.
In this article, we’ll outline what financing options DEETS Mechanical offers, restrictions and details, the benefits and potential drawbacks of financing your project, and how to choose the best payment plan for you.
What Payment Options Does DEETS Mechanical Offer? GoodLeap and Synchrony
At DEETS, we primarily offer payment plans through GoodLeap with secondary options through Synchrony.
Financing Through GoodLeap
GoodLeap specializes in financing sustainable home improvements, including energy-efficient HVAC systems. They have been accredited by the Better Business Bureau (BBB) since 2004 and have a solid reputation for ethical business practices and outstanding customer service.
In 2020, GoodLeap held a 41% share of the U.S. solar loan market, making them a leader in promoting sustainable and energy-efficient home upgrades.
The key benefits of using GoodLeap to pay for your project include:
- Flexible Payment Options: Customize your payment plan to fit your budget, including how long you’d like to loan out your project.
- Quick and Easy Application: Approvals are often completed quickly, typically less than 10 minutes, allowing projects to begin promptly.
- Soft Credit Check: The initial application doesn’t impact your credit score.
- Competitive Interest Rates: Offers industry-competitive rates to fit your budget and get you the best rates possible.
- No Prepayment Penalties: Pay off your loan early without any extra fees.
Details about GoodLeap’s payment options include:
- Terms from 5 to 15 years
- Loan amounts up to $55,000
- Fixed interest rates with no upfront costs
- 0.50% interest rate discount with Autopay
- No-interest promotional offers available
To qualify for GoodLeap financing, these are the requirements:
- Must be on the title of the property
- Co-borrowers are allowed
- Eligible for mobile homes if you’re the landowner
All in all, we partner with GoodLeap because of their flexible and customizable payment options available.
We understand how stressful any home repairs and upgrades can be, so making your project as affordable and comfortable as possible is our goal.
Additional Financing Options
Synchrony is our secondary financing provider with over 90 years of experience in the financial industry, helping you manage consistent monthly payments while enjoying the reliability of a well-established lender.
Rest assured, when you work with DEETS Mechanical, we are here to provide you with the most comfortable payment plan no matter your project.
Our expert team is here to educate you on all your options and help guide you to the best solution tailored for you.
What Are The Benefits Of Financing Your HVAC and Plumbing Project?
No matter if you need a large plumbing repair or a full HVAC system replacement, opting for a monthly payment plan offers several advantages over paying in cash.
The benefits of financing your project include:
- Ability to spread the total cost of your project over time
- You don’t have to put down a large sum of money at once
- You can choose a more efficient system to help reduce energy bills
- You can improve your credit score
The largest benefit of opting for a payment plan for your project is, of course, not having to pay thousands of dollars upfront.
However, while there are several benefits to financing your project, there are some potential drawbacks to also consider.
Are There Any Negatives To Financing My Project?
Sometimes, choosing a monthly payment plan for your project may not be the most economically friendly, depending on your personal preferences.
Some potential negatives to consider when it comes to financing include:
- Interest rates can be high
- Possible fees and added costs
- Putting your credit at risk if payments are missed
Deciding whether or not you should finance your project all comes down to your goals and your budget.
When Should I Finance My Home Service Project and When Should I Pay Cash?
Financing may be the right choice if you don’t have the cash to cover the full cost upfront, want to improve your home’s energy efficiency, or need to preserve emergency funds for other expenses. Financing can also help build your credit score through consistent payments.
Paying in cash might be the better option for you if you have the funds readily available and want to avoid interest payments.
Overall, finding the right way to pay for your project depends on your specific needs. Any trustworthy home service company will help you explore your options and find the ideal payment solution for you.
Finding The Right Payment Option For Your Project
Now you know what payment options DEETS Mechanical offers as well as the benefits and potential negatives of financing compared to paying for your project in cash.
On top of our payment options from GoodLeap and Synchrony, there are other payment options for your project, including personal loans, home equity loans or lines of credit (HELOC), credit cards with promotional financing offers, or financing directly through your HVAC contractor or retailer.
Choosing to finance your project or pay in cash all comes down to your budget, comfortability, and financial goals.
Financing through your HVAC company is a great option, especially when your project costs several thousand dollars, and makes your project more affordable and comfortable to pay for.
On the other hand, you may want to pay for your project upfront if you have the funds available and don’t want the hassle of having a loan.
If you do opt for a payment plan instead of paying cash, remember you can also set up automatic payments that will ensure you don’t miss any payments.
Whether you know exactly how you want to pay for your project or want to explore your options, DEETS is here to help.
Since 2001, we’ve been the trusted HVAC and plumbing company for homeowners in the Northwestern Pennsylvania area and are here to educate you on all you need to know regarding your project, from finding the right company to work with to financing and more.
Learn more about our financing options and apply not to see what you qualify! Applications will not affect your credit score.

Ready to start your project now? Request a FREE estimate from DEETS Mechanical! Nobody beats DEETS!