Financing
Flexible Financing for Your HVAC Needs | Gilley's Heating & Air Conditioning
Make home comfort affordable with flexible financing options from Gilley's. We've partnered with Wells Fargo Bank, N.A. to offer special financing that lets you buy today and pay over time with approved credit.
Year-Round Comfort on Your Terms
At Gilley's, we know getting replacements and upgrades in your home shouldn't break the bank. That's why we've teamed up with Wells Fargo Bank, N.A. to offer special financing options¹ that make it easier to invest in your home's comfort, on your terms.
Whether you're replacing your furnace, upgrading your AC, or tackling a full HVAC system install, you can buy now and pay over time with approved credit. Don't let upfront costs prevent you from staying comfortable during Rockford's harsh winters and hot, humid summers.
Subject to credit approval.
How to Apply for Financing
Getting approved for HVAC financing is quick and easy:
- Step 1: Schedule Your Free Estimate Call (815) 962-1927 or schedule online to arrange your free in-home assessment. Our licensed technicians will evaluate your HVAC needs, provide multiple system options, and give you a detailed written estimate with clear pricing.
- Step 2: Let Us Know You're Interested in Financing During your estimate appointment, tell us you'd like to explore financing options. We'll walk you through the simple Wells Fargo application process and help you understand available terms, promotional offers, and monthly payment estimates.
- Step 3: Complete the Quick Application Fill out the straightforward credit application online or with our help during your appointment. The application takes just a few minutes and asks for basic information including name, address, Social Security number, income, and housing costs.
- Step 4: Receive Your Decision Most applications receive a credit decision within minutes. Once approved, you'll know your credit limit and can proceed with your HVAC installation or repair immediately. Your Wells Fargo credit card will arrive by mail, but we can often begin work right away with your approval.
- Step 5:
Enjoy Your Comfort We'll schedule your installation or repair at your convenience. Your financing covers the full cost, and you'll make convenient monthly payments according to the terms you selected. It's that simple.
What Can You Finance?
HVAC System Replacements
Finance complete furnace replacements, new air conditioner installations, heat pump systems , or dual-fuel hybrid systems. High-efficiency upgrades qualify for energy rebates that reduce your overall cost.
Emergency Repairs
When your furnace fails in January or your AC quits during July heat waves, emergency repairs can't wait. Finance urgent repairs including compressor replacements, blower motor service, or refrigerant leak repairs to restore comfort immediately.
Preventive Maintenance
Invest in annual maintenance plans and Comfort Club memberships that protect your HVAC investment, prevent costly breakdowns, and keep your systems running efficiently. Regular maintenance extends equipment life and qualifies you for priority service.
System Upgrades
Finance energy-efficient upgrades including programmable thermostats, smart home integration, air quality improvements, whole-home humidifiers, UV air purifiers, and ductwork modifications that enhance comfort and reduce utility bills.
Plumbing Projects
Use your credit line for water heater replacements, fixture installations, bathroom remodels, sump pump installations, whole-house repiping, and other plumbing upgrades that improve your home's functionality and value.
Frequently Asked Questions About HVAC Financing
What credit score do I need to qualify?
Wells Fargo evaluates multiple factors including credit score, income, debt-to-income ratio, and payment history. While specific requirements aren't published, generally a credit score of 640+ improves approval chances for standard terms. Even with lower credit scores, you may qualify for financing with adjusted terms. The only way to know is to apply—applications don't commit you to accepting the credit.
How much can I finance?
Credit limits vary based on your creditworthiness and financial profile. Approved credit lines typically range from $1,000 to $25,000 or more, sufficient to cover most residential HVAC projects from single repairs to complete system replacements and major upgrades.
What are the interest rates and terms?
Interest rates and promotional terms vary based on creditworthiness and current offers. We regularly have promotional financing available including deferred interest periods (12-24 months same-as-cash), reduced rates on extended terms, and special offers for qualifying purchases. Ask about current promotions during your free estimate.
Does applying affect my credit score?
Yes, applying for credit results in a hard inquiry on your credit report, which may temporarily lower your score by a few points. However, this impact is typically minor and short-term. If you're approved and use credit responsibly by making on-time payments, the account can actually improve your credit over time.
Can I pay off my balance early?
Absolutely. There are no prepayment penalties. You can pay off your balance any time without additional fees. Paying early or making extra payments reduces total interest paid and frees up your credit line for future needs.
What if I'm not approved?
If you're not approved for Wells Fargo financing, we can discuss alternative options including other financing programs, payment plans directly through Gilley's for certain services, or recommendations for saving toward your HVAC investment while making temporary repairs to extend your current system's life.
How long does the application take?
The application typically takes 5-10 minutes to complete and most applicants receive a credit decision within minutes. In some cases, applications require additional review, which may take 1-2 business days.
When do I start making payments?
Your first payment is typically due 25-30 days after your purchase posts to your account. You'll receive a billing statement with your payment amount and due date. With promotional financing, you may have a deferred interest period before payments begin.
