Greenville, Illinois – October 28, 2026 -- Enertech Global LLC has signed two financing partnerships that let HVAC contractors offer residential geothermal heat pump installations with $0 down, targeting the upfront cost that makes homeowners hesitate.

Palmetto lease covers maintenance and repairs for 10 years

The Palmetto Geothermal Lease carries no down payment and includes maintenance and repairs for the full 10-year term. Palmetto says it has deployed more than $4B in assets over more than a decade in clean energy leasing. Contractors can offer the lease through a turnkey financing portal.

Enertech is one of a select group of equipment manufacturers approved for the program.

Figure HELOC offers 10- to 30-year terms with no dealer fees

The Figure home equity line of credit gives homeowners 10- to 30-year financing with no dealer fees and no prepayment penalties. The application takes about five minutes. Figure says its rates compare favorably with personal loans and credit cards.

A contractor portal lets installers track customer applications. Contractors installing Enertech heat pumps get access to exclusive lower interest rates.

Financing targets geothermal, air-to-water and hot water installations

Enertech makes and distributes geothermal and air-to-water heat pump systems. The two options apply to geothermal heating, cooling and domestic hot water installations.