HELPFUL RESOURCES FOR NAVIGATING THROUGH THE COVID-19 PANDEMIC

ABCO HVACR Supply + Solutions is looking forward to our Customers getting back to business as Pause Orders begin to lift. In the meantime, as we operate during the COVID-19 Pandemic, ABCO will continue to be the best choice for skilled customer service, technical support and unparalleled application engineering, whether involved with Air Conditioning, Heating or Refrigeration.

ABCO will continue to assist our valued Customers to stay informed about the best ways to navigate through these trying times by compiling helpful information and making it available to you as quickly as possible.

Please see links to important resources below regarding:

  • FTL Finance extending their “Same as Cash” offer to June 30, 2020.
  • A new mobile app from FTL Finance that will help make financing even easier.

And please be on the lookout for future emails to help keep you updated in the coming weeks. You can also find these important resources on the ABCO website.

ABCO is looking forward to better days ahead. Together we not only will endure, we will succeed.

–Your ABCO Team


FTL Extending Financing Offer Until June 30, 2020

With FTL Finance, you can finance your service calls for as low as $300, and grow your business like never before – all without adding more to your to-do list.

Why would I want to finance my service calls?

• In response to the COVID-19 Pandemic, FTL has extended its 90-day “Same as Cash” offer with No Dealer Fee until June 30, 2020.

• Homeowners can finance their projects and keep their cash for the first 90 days! After 90 days they will have a fixed monthly payment. Loans must be funded by July 15, 2020 and all applications are subject to credit approval by FTL. (Applies to any service/repair/equipment installation on your customer’s property.)

• Now is the time for Homeowners to prefer monthly payments!

• Get started with FTL Finance today.

Visit FTLFinance.com to get started today.


FTL Mobile App

FTL Finance is also making financing even easier with their new mobile app that is now available for free at the Apple App Store and the Google Play Store.

Features of the FTL App include:

Project Estimator: Enter good, better and best options and send estimates that sell your work using a low monthly payment.

PreScreen: Quickly find out the likelihood of an approval using basic homeowner information.

Custom Application: Start new applications for homeowners from anywhere you are in the field.

Application Status: View real-time data about where applications are in the approval process.

Sales Tools: Access brochures and rate sheets right from your device.

Support: Get quick responses to questions.

 


HVAC Systems Should Be Checked Before Buildings Reopen, Due to COVID-19

The Air Conditioning, Heating and Refrigeration NEWS speaks to M. Dennis Knight, P.E., FASHRAE, principal/engineer at Whole Building Systems in Charleston, South Carolina, and member of ASHRAE’s Epidemic Task Force, about how contractors can help commercial building owners make sure their HVAC systems are operating safely and efficiently after COVID-19 restrictions are lifted and occupants start returning to work.

 


PPP Loan Update: Non-Returning Workers Will Not Reduce PPP Forgiveness

HARDI has helpful information about clarifications provided by the Small Business Administration (SBA) regarding an important question being asked by many business owners. Due to sudden changes in demand across the economy resulting from the COVID-19 Pandemic, many employers were forced to lay off employees and then tried to re-hire the same employees after receiving PPP funds. Employers are now asking how loan forgiveness is impacted if an employee declines an offer to come back to work. The SBA has clarified that employees who decline offers to return to their jobs will be excluded from the CARES Act’s loan forgiveness reduction calculation. This is good news for employers who have made a good faith, written offer of rehire and documented the employee’s rejection of the offer. It should also be noted that employees who reject offers of re-employment may forfeit their eligibility for continued unemployment compensation.

 


Update: New Paycheck Protection Program (“PPP”) Funding

HARDI has new information about updates to the Paycheck Protection Program (“PPP”). An agreement for additional funding the PPP and Economic Injury Disaster Loans (“EIDL”) has been reached between Congress and the Administration. The agreement includes:

  • $310 billion for PPP, of which $60 billion is allocated to smaller lenders and community financial institutions
  • $10 billion for EIDL advance/grant program
  • $50 billion Disaster Loans Program Account to remain available until extended
  • $75 billion for hospitals
  • $25 billion for testing
    • Of which $11 billion is for “states, localities, territories, and tribes to develop, purchase, administer, process, and analyze COVID-19 tests, scale-up laboratory capacity, trace contacts, and support employer testing. Funds are also made available to employers for testing.”

HARDI also has information on Scams from fake SBA and IRS accounts.

 


 

ASHRAE Issues Statements on Relationship Between COVID-19 and HVAC in Buildings

ASHRAE (the American Society of Heating, Refrigerating and Air-Conditioning Engineers) published two statements with guidance on managing the spread of SARS-CoV-2, the virus that causes COVID-19 disease (Coronavirus), with respect to the operation and maintenance of heating, ventilating and air-conditioning systems in buildings.

ASHRAE developed these statements in response to widening false statements surrounding HVAC systems. ASHRAE officially opposes any advice not to run residential or commercial HVAC systems and asserts that keeping air conditioners on during this time can help control the spread of the virus.

 


ASHRAE Position Document on Infectious Aerosols

ASHRAE also recently published an updated Position Document discussing Infectious Aerosols. Since infectious diseases can be transmitted through aerosols, HVAC systems, when ventilated properly, can reduce the risk of transmission of infectious diseases through aerosols, according to the “ASHRAE Position Document on Infectious Aerosols.”

ASHRAE’s Environmental Health Position Document Committee has revised its Position Document, which was released last month. The updated Position Document provides recommendations on the design, installation and operation of HVAC systems, non-HVAC control strategies and facilities management support strategies. It also includes strategies that can reduce the risk of dissemination of Infectious Aerosols in buildings and transportation environments.

 


Comprehensive Guide: HVAC Service Calls During COVID-19

ACHR News has put together a helpful guide of best practices for ensuring your customers and employees stay healthy and safe on HVAC service calls.

Here are some quick tips provided by ACHR News for keeping people safe on HVAC service calls:

  • Take your technicians’ temperatures.
  • Call and ask customers if everyone in the house is healthy before arriving.
  • Put on booties.
  • Wear a new mask for each service call.
  • Wear protective glasses.
  • Wear gloves.
  • Clean the surfaces of return air filter grills with disinfectant.
  • Maintain recommended “Social Space.”
  • Wash your hands.
  • Use hand sanitizer.

 


SBA LOANS: DECISION MAKING TOOL

HARDI has developed a tool to help you determine which type of financial support you might want to consider due to the COVID 19 crisis. We hope that you will find it useful. Feel free to share this tool with your customers or other individuals that would benefit from it.


FREEDOM TO MANAGE THE PROJECT,
NOT THE FINANCING

With FTL Finance, you can finance your service calls for as low as $300, and grow your business like never before – all without adding more to your to-do list.

Why would I want to finance my service calls?

• Homeowners can keep their cash and FTL can finance it! (Applies to any service/repair/equipment installation on your customer’s property.)

• In response to Covid-19, FTL is offering 90 day “Same as Cash,” with no dealer fee until May 31, 2020

• Now is the time homeowners want monthly payments!

• Get started with FTL Finance today. Their simple, easy process will have your business up and running in no time!

Visit FTLFinance.com to get started today. You can also click the button below to download a PDF version of this information that can be passed on to your customers.

 


CARES ACT WEBINAR

Here’s the link to a webinar, courtesy of ServiceTitan, that explains the CARES Act and how it can help your business and how to get assistance for your business. Also, below are the links to all of the assets referenced during the webinar:

·The two-page application for a Paycheck Protection Program (“PPP”) loan

·The PPP information sheet

·Apply online for an EID loan

·ServiceTitan’s COVID-19 Playbook for Contractors

·An article on the CARES Act

·A link to the slide presentation

 


RATE REDUCTIONS FOR CONTRACTORS

Synchrony® is committed to supporting your business by offering a temporary rate reduction to contractors. They’re also working on strategies to help your business recover and rebuild as we prepare for the future. Click the button below to download a PDF with more information.