Key Takeaways
- Former H-2B resort maintenance workers often develop HVAC skills and launch their own HVAC businesses
- Bankable funds HVAC businesses $25K–$5M based on service revenue — no green card required
- Equipment, vehicle fleet, seasonal working capital, and contract bridge financing all available
- SBA 2026 rule eliminated non-citizen HVAC contractors from all SBA programs
- 48-hour approvals for qualified HVAC businesses
From H-2B Resort Maintenance to HVAC Company Owner
H-2B workers employed in resort and hotel maintenance frequently develop HVAC skills through on-the-job exposure. Managing heating and cooling systems in large seasonal facilities — where breakdowns during peak season are costly emergencies — creates urgency-driven expertise that classroom training cannot match. Many former H-2B resort maintenance workers pursued EPA 608 certification, then HVAC contractor licensing, and eventually launched their own HVAC service companies.
HVAC is one of the most resilient service businesses in the country. Air conditioning is non-negotiable in Florida, Texas, Arizona, and throughout the Sunbelt — the exact regions where H-2B workers are most concentrated. Demand is non-discretionary and recurring. Bankable funds HVAC businesses on their service revenue, not their owner's immigration status.
HVAC Business Capital Needs
- Service vehicles: HVAC service vans require specialized racking, refrigerant recovery equipment, vacuum pumps, manifold gauge sets, and common replacement parts. A fully equipped van runs $50K–$90K.
- Refrigerant and parts inventory: HVAC businesses maintain refrigerant stock and common parts inventory. R-410A and R-32 refrigerant costs have increased significantly. A $10K–$30K inventory position is typical for mid-size operations.
- Installation equipment: Sheet metal brakes, duct fabrication equipment, and large-tonnage commercial equipment require capital investment beyond what service tools alone require.
- Seasonal working capital: HVAC demand peaks in summer (cooling) and winter (heating). Staffing up ahead of season and pre-purchasing equipment before price increases requires pre-season capital.
- Commercial contract fulfillment: Large commercial HVAC contracts require equipment deposits, material pre-purchases, and insurance requirements before work begins.
Equipment & Vehicle Financing
Service vans, refrigerant recovery equipment, and specialty HVAC tools. Equipment-secured.
Learn More →Seasonal Working Capital
Pre-season staffing, refrigerant inventory, and equipment purchases. Repay during peak revenue months.
Apply →Revenue-Based Funding
Repay as a percentage of daily deposits. Ideal for HVAC businesses with seasonal revenue patterns.
Apply Now →Frequently Asked Questions
Yes. Bankable does not require a green card. Licensed HVAC contractors with any valid work authorization and documented business revenue qualify.
We fund residential HVAC service companies, commercial HVAC contractors, refrigeration specialists, duct cleaning businesses, and HVAC installation companies.
Yes. Service vehicle and equipment financing is available with the vehicle and equipment serving as collateral for better rates.
Funding depends on annual revenue. An HVAC company generating $500K–$1.2M annually typically qualifies for $100K–$400K in initial funding.
We look at 12 months of bank statements to understand your seasonal revenue pattern. We structure repayments so obligations are lower during your off-season months.
The 2026 SBA rule requires 100% citizenship, eliminating non-citizen HVAC contractors. Bankable is private capital with no citizenship requirement.
Yes. Working capital products can fund refrigerant purchases, parts inventory, and staffing costs ahead of your peak season.
Most applications receive a decision within 48 hours. Funds are typically deposited within 3–5 business days.