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Trusted Tips & Resources

How to Finance A New Hot Water Heater/Furnace By Trusted Saskatoon Air Conditioning & Furnace Pros at Gibbon

Gibbon Heating & Air Conditioning has been serving Saskatoon and surrounding areas for over 40 years. They are a "total service" company with trained technicians who are able to provide customers with solutions to all their plumbing, air conditioning, and heating (HVAC) related requirements. As an Independent Lennox Premier Dealer, the Gibbon Heating and Air Conditioning team are proud to provide prompt, courteous, and professional service that is required by Lennox’s Quality standards. They are regularly evaluated through an independent customer satisfaction survey process. They are trained to design, install, service, and maintain home comfort and indoor air quality systems in Saskatoon. In their latest tip article, they discuss how to finance a new water heater/furnace.

How To Finance A New Hot Water Heater/Furnace


Often when the hot water or furnace breaks down, it doesn’t seem to happen when our bank accounts are flush. It always seems to be at the worst of times.  


The financing for a new hot water/furnace at Gibbon Heating & Air Conditioning is completed through 3rd party company called FinanceIt.ca. Before starting the loan process you can review what your payments would look like based on their finance calculator


To start the application for the new hot water heater/furnace application – you will need the following information.


What are you looking to finance, your options are:

  • Heating, Cooling & Water 
  • Pool & Spa 
  • Interior Improvements 
  • Exterior Improvements 
  • Retail
As you are looking to finance a hot water heater or a furnace, we recommend you pick the Heating, Cooling & Water option. 

After that, you have basic information to complete, i.e. your name, address, date of birth. At the end of this first page, you have the option to click off Consent to Obtain Credit Report and Consent to Electronic Disclosures, we recommend you check off both options. Once you hit the Submit option, you will need to advise the amount of the loan you need. We recommend that you have the quote from Gibbon’s available so you can pick the right range for the loan you need. You will also need to advise which fixture you need: hot water heater, furnace, or air conditioner. 

Hit Submit!

Wait about 5 minutes — you will receive an email once your application has been received with FinanceIt and your computer screen will have a large green square at the top of the page that says 

YOU MEET OUR ELIGIBILITY CRITERIA! 

Next, you have complete information about your job and your income. Please note at this point you need to know how much your monthly mortgage or rent payment is. If you own, please include your monthly property taxes. 

Hit Submit! 

You will be advised if you are pre-qualified or not. If you are pre-qualified you will need to continue on from this point to set up your payments, confirm your identity and sign your loan agreement. Your loan is pre-approved for 6 months. 

Gibbon’s will contact you within 24 hours of your loan submission, if you have any questions about your loan and the equipment you need. 

From start to finish the process of how to finance a new hot water heater/furnace takes less than 15 minutes. If your hot water heater or furnace quits, Contact Gibbon’s Heating and Air Conditioning today to get a quote on your heating and air conditioning needs.  And complete your financing application to be approved for your loan.  

See more of Gibbons Air Conditioning Articles and Tips here.

 Gibbon's Services Include

"A History of Professionalism, A Foundation of Trust"

Gibbon Heating and Air Conditioning are TRUSTED SASKATOON Air Conditioning & Furnace Professionals


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