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  1. #1
    Join Date
    Nov 2001
    Posts
    637
    I just recieved a letter about a meeting for all us HVAC Contractors, and what we can do about Lowes, Home Depot,Walmart, and Bank of America. It says Bank America is in the hvac biz. Posssibly under the name One Hour Airconditioning and Heating, is this true? I just applied for a refi with them, I cant believe that a bank would get into the hvac biz, if so they must think theres alot of $$$$$$ to be made.

  2. #2
    Join Date
    Jun 2004
    Location
    Maryland's Eastern Shore
    Posts
    892
    I've seen "one hour..." trucks.... So, I know thats a real biz, but a bank getting into hvac???

  3. #3
    Join Date
    Jan 2002
    Location
    Ft.Worth,Tx
    Posts
    4,581
    Originally posted by nehps
    I just recieved a letter about a meeting for all us HVAC Contractors, and what we can do about Lowes, Home Depot,Walmart, and Bank of America. It says Bank America is in the hvac biz. Posssibly under the name One Hour Airconditioning and Heating, is this true? I just applied for a refi with them, I cant believe that a bank would get into the hvac biz, if so they must think theres alot of $$$$$$ to be made.
    Bank Of America may have been the bank who loaned the money but there are regulations in the banking business to require them to follow guidelines state. I know that they buy out other banks savings and loans but never heard of hvac companys.
    "Everyday above ground, is a good day".
    "But everyday that you have made a difference in someones life, may insure you stay above ground a little longer".<aircooled>

  4. #4
    Join Date
    Feb 2003
    Posts
    1,996
    They're probably behind some low finance deals on the equipment through the above listed reps.

  5. #5
    Join Date
    Feb 2004
    Posts
    2,597
    Originally posted by johnsp
    They're probably behind some low finance deals on the equipment through the above listed reps.
    i think you meant high instead of low. if it wasn't lucrative, they wouldn't do it.

  6. #6
    Join Date
    Nov 2001
    Posts
    637
    Like I said I did recieve in my P.O> Box a post card that says are you worried about Bank of America, Walmart, H.D. and Lowes now that there in the hvac field (oh ya, and the Utility Co.'s) then it said if I want to atend the meeting to help trying to stop them, the meeting is in Tampa Fl. at the Clarion Hotel it says $139.00 for the nite. Its in March 2005

  7. #7
    Join Date
    Mar 2002
    Location
    Richmond, Virginia
    Posts
    4,264
    How many utilities and other starched collars have tried wetting their feet in the HVAC industry? It doesn't take them long to figure out that this industry requires true [/b]craftsmen[/b] and that they can't be bought and sold. (Atleast not all of us.) It does nothing but drive up our value. I say bring them and their deep pockets on. They have the $$$$$$$ and we have the talent.
    There is nothing more frightful than ignorance in action....Mark Twain

  8. #8
    Join Date
    Jun 2004
    Location
    4H: Hot, Humid Houston H.O.
    Posts
    3,304

    BOA?

    We know some of those big names want to do HVAC work, but Walmart sounds iffy and Bank of America just sounds plain goofy. I would bet at the least, that BOA will not be in this business. But let us know what you find out, this is an interesting letter.

    Best wishes -- P.Student

  9. #9
    Join Date
    Feb 2004
    Location
    Kingsport, Tennessee
    Posts
    649

    Bank of America & HVAC

    Open a new 5 year CD & get a new Heat Pump absolutely free! Expand your Cd to 10 years & get an electronic air cleaner, a UV light & a HRV for free! Stay comfortable with more money in your pocket with Bank of America; your cash & comfort headquarters!

  10. #10
    Join Date
    Jun 2004
    Location
    4H: Hot, Humid Houston H.O.
    Posts
    3,304

    Details if you have them

    Is this for real? How big a CD, how big a heat pump and what kind?

    They used to give away toasters but I don't think they really threatened the toaster market. Your HVAC system is not an appliance although many people would like it to be.

    Regards -- P.Student

    [Edited by perpetual_student on 02-05-2005 at 02:25 PM]

  11. #11

    possibly?

    Originally posted by nehps
    I just recieved a letter about a meeting for all us HVAC Contractors, and what we can do about Lowes, Home Depot,Walmart, and Bank of America. It says Bank America is in the hvac biz. Posssibly under the name One Hour Airconditioning and Heating, is this true? I just applied for a refi with them, I cant believe that a bank would get into the hvac biz, if so they must think theres alot of $$$$$$ to be made.
    I know theirs one hour a/c in Las Vegas Nevada, but i thought that was done through sap pros financing?

  12. #12
    Join Date
    Oct 2004
    Posts
    100
    I also recieved the post card. Return address is
    Lon Cassel
    Venvest Inc.
    2 North Tamiami Trail Suite 806
    Sarasota, Fl 34236

    Does anyone know who these guys are? I bet, there trying to make money off the HVAC Contractor, not protect us! Maybe I am just paranoid!

  13. #13
    Join Date
    Sep 2004
    Posts
    265
    It looks like they are selling Franchises for One Hour Air Conditioning and Heating.
    Check their Website http://www.venvestinc.com/.

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