How Plumbing Financing Can Save You From Expensive Repairs

Summary:

• Plumbing projects can be costly, but delaying repairs often leads to more expensive emergencies down the line.
• Financing allows you to get necessary repairs done immediately, spreading the cost over time without paying upfront.
• Financing can help you manage your budget with affordable monthly payments while preserving your savings for other needs.
• Caccia Plumbing offers several financing options, including reduced rates over long terms and interest-free periods if paid within a set time.

All modern American homes need plumbing—but plumbing projects can be expensive. In fact, the average California home costs nearly $17,000 to maintain each year, and some of the most common projects include things like fixing leaky faucets and toilets.

But that doesn’t mean you should put off your much-needed plumbing repairs. In fact, ignoring a plumbing problem usually just makes it more expensive to fix in the long run, once it gets bad and becomes a fully-fledged plumbing emergency.

Instead, consider financing the costs of your next plumbing project. This method allows you to get the work you need completed in a timely manner without paying the entire cost upfront.

Your Options for Plumbing Financing

If you’re financing a plumbing project with Caccia, you’ve got a few different options. Here are some of the ways we help homeowners throughout Burlingame, San Mateo, and the surrounding communities afford the plumbing work they need:

Reduced Rate for 180 Months

Enjoy a fixed interest rate of 7.99%-19.99%. On a $10,000 purchase, you’d pay $90.50-$175.55 each month for 180 months.

Reduced Rate of 10.99% for 84 Months

Enjoy a fixed APR of 10.99%. On a $10,000 purchase, you’d pay $171.17 each month for 84 months.

Interest-Free Financing If Paid Within 12 Months

With this option, interest still collects from the date of purchase, but it’s waived if you pay off the project before 12 months are up.

Note that with this option, making minimum monthly payments won’t pay off the full amount before the end of the period—meaning you’ll need to make more than the minimum payment each month if you want to avoid paying interest.

Interest-Free Financing If Paid Within Six Months

For this option, interest collects from the date of purchase, but is waived if you pay off the project within six months.

The options that you qualify for will depend on your credit approval, as well as your budget for repairs.

The Benefits of Financing Your Plumbing Repairs

There are several advantages to financing your plumbing repairs, including:

• Affordable Monthly Payments: Financing allows you to break down the cost of your plumbing project into manageable monthly payments. This makes it easier to fit repairs into your budget.
• Immediate Access to Services: Rather than delaying necessary repairs, financing lets you get the work done right away and prevents small issues from escalating into more costly emergencies.
• Flexible Payment Options: With a range of financing plans, you can choose the option that best fits your financial situation—whether that’s a longer term with lower monthly payments or an interest-free period if paid off quickly.
• Avoid Large Upfront Costs: Financing reduces the need for a large lump sum payment, easing the financial burden and allowing you to spread the cost over time.
• Peace of Mind: Knowing you can afford the repairs now, rather than waiting for the problem to worsen, gives you peace of mind and protects your home from potential damage.
• Preserve Savings: By financing your plumbing project, you can keep your savings intact for other important expenses or unexpected emergencies.

Applying for Financing

Financing a plumbing project is quick and easy. You can apply for financing through Caccia Plumbing here. You’ll just need to provide a few quick pieces of information, such as your:

• Name
• Social security number
• Date of birth
• Current address and contact information
• Employment and income information
• Banking details (to set up monthly payments)
• Details of the project you’re financing

You may also need to provide a copy of a government-issued photo ID, such as a passport.

How Much Could You Save by Financing a Plumbing Project?

Most people assume that financing anything means they’ll ultimately end up paying more—but that isn’t always the case. Here are some facts to put it in perspective:

• The average cost of fixing water damage to a home in the San Francisco area is $5,650.
• The average cost of fixing a leaky pipe in the same area is $200-600.

Even if you assume that the cost of your repairs will be on the high end ($600), there’s no way leaving the leak is cheaper than financing the plumbing project. Here’s how it breaks down with each of the options listed above:

Ensure Your Peace of Mind with Plumbing Financing from Caccia

The numbers don’t lie: financing your plumbing project is always better than waiting until it becomes an emergency.

When you need plumbing work done quickly and correctly, our team at Caccia can help. Contact us today to speak with an expert who can tell you more about the work we do and help set you up to finance your project.

Frequently Asked Questions about Caccia’s Plumbing Financing

Here are the answers to some of the questions we get asked about plumbing financing most often:

What kinds of plumbing projects can I finance with Caccia Plumbing?

We offer financing on a variety of different plumbing projects, including repairs and installations for:

• Traditional and tankless water heaters
• Boilers
• Water filtration systems

What kind of credit do I need to qualify for plumbing financing?

There is no minimum credit rating to apply for financing through us. However, the type of financing that you may be approved for will depend on several factors, including your credit status.

What company does Caccia use for plumbing financing?

We finance through GreenSky, a Goldman Sachs company.