Key Takeaways
- E-2 HVAC company owners with documented service and maintenance contract revenue qualify for Bankable funding
- Service vehicles, HVAC equipment, and maintenance agreement expansion are all eligible uses
- Korean, Mexican, and Caribbean E-2 holders commonly operate HVAC businesses in major metro markets
- Bankable specifically values recurring maintenance agreement revenue for underwriting stability
- Funding from $100K to $5M with 48-hour preliminary decisions
HVAC businesses are among the most financially attractive trade contracting categories: demand is weather-driven (hot summers and cold winters create predictable service spikes), maintenance agreements create recurring revenue, and the skilled labor shortage gives established companies significant pricing power. E-2 investors from Korea, Mexico, and Caribbean nations who have HVAC backgrounds or partner with licensed HVAC technicians have built successful contracting businesses across the Sunbelt, Northeast, and Midwest.
The HVAC maintenance agreement base is particularly valuable for Bankable’s underwriting. A company with 500 active maintenance agreements at $200/year each has $100,000 in contracted annual recurring revenue that is entirely predictable. Add installation and emergency service revenue and the picture becomes very clear. Bankable’s underwriters specifically evaluate maintenance contract books as a positive indicator of business stability and quality.
HVAC Business Capital Uses
- Service vehicles: Additional vans with custom HVAC tool and equipment bins
- HVAC equipment: Refrigerant recovery, gauges, diagnostic tablets, and specialty installation tools
- Maintenance agreement marketing: Campaigns to grow your service agreement base
- Crew expansion: Hiring and training additional technicians to handle growing call volume
- Seasonal working capital: Bridging between summer cooling season and fall maintenance season
Equipment & Vehicle Financing
Fund service vans and HVAC equipment with asset-backed financing.
Learn More →Working Capital Line
Revolving access for payroll and materials during rapid growth periods.
Learn More →Frequently Asked Questions
Yes. E-2 HVAC contractors with documented service and maintenance revenue qualify for Bankable funding. No green card required.
Maintenance agreements are weighted positively in underwriting because they represent predictable, contracted future revenue. A strong service agreement book can qualify you for a larger funding amount than your installation revenue alone would support.
We accept ServiceTitan, Housecall Pro, or similar field service exports, maintenance agreement lists, credit card processing statements, and bank deposits.
Yes. Service vehicle financing with vehicle-backed terms is available for HVAC operators.
Most Bankable HVAC clients have $400K+ in annual revenue. Companies with 200+ active maintenance agreements often qualify at lower revenue levels.
Seasonal HVAC patterns are evaluated on an annual basis. We do not penalize for expected seasonal dips between peak summer and peak winter periods.
Yes. Payroll bridging for technician expansion while call volume grows is a standard working capital use.
Yes. Commercial and industrial HVAC contractors with documented project and service revenue qualify on the same basis as residential companies.