Loan Types

Aqua Finance offers the most flexible customer repayment term options around by giving dealers access to two different types of loans: Installment Loans and Revolving Lines of Credit.* And the great news is that there are no prepayment penalties on either type of loan!

Installment loans

Installment loans are fixed term loans, similar to a typical auto loan. Your customer will have a fixed monthly payment for a set number of months (terms are available from 12 to 72 months). Installment loans are great for those customers who want to know exactly how much the loan will cost them over the life of the contract.

Revolving lines of credit

Revolving lines of credit are open credit lines at your place of business. They feature a minimum monthly payment that is based on the highest amount financed. If the customer has available credit and his or her account is in good standing, you may process add-on sales to the open line for a period of two years without the customer needing to reapply. This is a great opportunity for you to build customer loyalty to your business, since the line of credit cannot be used at another dealership. You can also quickly and easily process repeat sales to your customers as you sell them additional products or services.

* Dealers in certain states or on certain programs may have access to only one loan type, depending on state or company restrictions. Contact Aqua Finance at 1-800-234-3663 if you have questions.

Premier Pricing Returns

Premier Customer Pricing is once again available for our water treatment, HVAC and qualifying home improvement dealers.

Premier Customer Pricing ...

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Updated: 2012-02-02

Income Reminder

Income should only be included on loan applications for people signing all required loan documents and who are obligated on ...

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Updated: 2012-02-02