1. Building assessment
We review the existing equipment, operating problem, facility requirements, timing, access conditions and replacement objectives.
INSTALL NOW · PAY OVER TIME
Modernize the building without freezing your capital.
Thervex helps qualified commercial property owners, corporations, landlords and facility operators explore financing for eligible HVAC equipment, installation, controls and modernization projects. Financing can move an urgent replacement forward, preserve working capital and align project payments with the years in which the upgraded system delivers value.
✓New commercial HVAC installations
✓Emergency equipment replacement
✓Rooftop-unit modernization
✓Boilers and hydronic systems
✓Heat pumps and VRF systems
✓Building controls upgrades
✓Potential bundled project costs
✓Flexible terms for qualified clients
✓Multi-building capital programs
Thervex approach
A practical capital strategy for essential building systems
A major HVAC project can compete with acquisitions, tenant improvements, inventory, staffing and other capital requirements. Financing provides an alternative to paying the entire project cost upfront. Depending on the lender, applicant and approved structure, eligible costs may include equipment, installation labour, controls, related mechanical components and defined project expenses. Thervex first develops a credible technical scope and project budget, then helps qualified clients move through the financing pathway. Credit approval, interest rates, term length, security requirements, deposits and eligible costs are determined by the financing provider.
2. Technical scope
Thervex defines the proposed equipment, installation requirements, controls, commissioning, exclusions and project delivery assumptions.
3. Project budget
A commercial proposal establishes the expected project value and identifies the costs proposed for financing consideration.
4. Financing application
The applicant provides the lender with requested corporate, ownership, banking, financial and credit information for assessment.
5. Option review
Approved applicants review available payment structures, term lengths, rates, deposits, security conditions and documentation requirements.
6. Agreement and authorization
Financing documents and the Thervex project agreement must be completed before equipment ordering or field mobilization begins.
7. Equipment procurement
Once authorized, equipment availability, manufacturing lead times, delivery, crane requirements and site logistics are coordinated.
8. Installation and commissioning
Thervex completes the approved mechanical scope, verifies operation, configures applicable controls and prepares project close-out information.
9. Planned repayment
The client makes payments under the financing agreement while preserving capital for other operating and growth priorities.
Next step
Put a stronger HVAC plan in motion.
Tell us about the building, the issue and your timing. A Thervex commercial specialist will follow up.
Request a consultation →
