Equipment Financing

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Carrier Commercial HVAC Equipment Financing

RTUs from $5K to $285K • Chillers from $125K to $2.1M • Carrier Financial Services OEM program • EPA Section 608 requirements covered

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Quick Answer: Carrier Global Corporation (Palm Beach Gardens, Florida — publicly traded NYSE: CARR, spun from United Technologies Corporation in 2020) is the world's largest HVAC company by revenue. Commercial rooftop units (RTUs) from the 48/50 series range from $5,000 for small commercial units to $285,000 for very large commercial tonnage. Carrier centrifugal chillers (23XRV series) reach $2.1 million for large facilities. Carrier Financial Services provides OEM financing, and EPA Section 608 certification is required for any technician handling refrigerants during installation or service.
Key Facts: RTU Price Range: $5,000–$285,000 • Chiller Price Range: $125,000–$2.1M • Top RTU Series: 48/50 series (3–130 ton) • Top Chiller Series: 30HXC, 30XV, 23XRV, 19DV • OEM Financing: Carrier Financial Services • Down Payment: 10–20% typical • Loan Terms: 36–84 months • License Required: EPA Section 608 (refrigerant handling) • Headquarters: Palm Beach Gardens, FL (spun from UTC 2020)

Carrier Global Corporation — Company Background and Manufacturing

Carrier Global Corporation (Palm Beach Gardens, Florida) was spun off from United Technologies Corporation (UTC) in April 2020 and trades on the New York Stock Exchange under the ticker CARR. The company employs approximately 53,000 people and manufactures HVAC, refrigeration, and fire/security products in 32 countries. Key US HVAC manufacturing facilities include Indianapolis, Indiana (residential and light commercial equipment), Charlotte, North Carolina (commercial chillers), and Tyler, Texas (commercial RTUs).

Willis Carrier invented modern air conditioning in 1902 in Buffalo, New York, making Carrier the founding company of the modern HVAC industry. The company's commercial HVAC division covers packaged rooftop units, split systems, chillers, air handling units, and building automation under the Carrier and Bryant brands. Carrier also owns Toshiba Carrier Corporation as a joint venture for VRF (variable refrigerant flow) systems in commercial applications.

How Much Do Carrier Commercial Rooftop Units (RTUs) Cost in 2024?

Carrier's 48/50 series packaged rooftop units cover 3 to 130 tons of cooling capacity, making them suitable for everything from small retail spaces to large warehouses. The 48 series is gas/electric (heating/cooling), while the 50 series is electric/electric. Pricing below is for equipment only — installation (crane lift, curb adapter, electrical disconnect, refrigerant piping, controls) typically adds 30–60% to equipment cost.

Capacity Range Typical Application New Price Used/Refurb Notes
3–10 ton (small)Small commercial, offices$5K–$18K$2K–$8KBasic small commercial, DIY installation possible
10–25 ton (medium)Restaurant, retail, small warehouse$18K–$45K$8K–$20KMost common commercial size
25–50 ton (large)Office buildings, large warehouse$45K–$98K$20K–$45KRequires crane for roof placement
50–130 ton (very large)Large facilities, campus buildings$98K–$285K$43K–$132KMultiple units often used instead

Carrier Commercial Chiller Prices — 30HXC, 30XV, 23XRV, 19DV Models

Carrier's chiller line covers air-cooled and water-cooled centrifugal units for large buildings, industrial facilities, and process cooling applications. Chillers serve entire buildings from a central plant, unlike RTUs which condition individual zones. Chiller plant projects typically also include cooling towers, pumps, variable frequency drives, and building automation systems — substantially increasing total project cost beyond equipment alone.

Model Type / Capacity New Price Used/Refurb Best Application
30HXCAir-cooled scroll, 100–250 ton$125K–$380K$55K–$177KStandard air-cooled commercial
30XV (AquaForce)Air-cooled, high-efficiency, 150–550 ton$185K–$785K$82K–$366KHigh-efficiency, up to 42.7 EER
23XRVCentrifugal water-cooled, 150–2,200 ton$285K–$2.1M$125K–$977KLarge buildings, campuses
19DVCentrifugal steam absorption, large$385K–$1.5M$170K–$698KProcess cooling, combined heat/power

Chiller prices do not include cooling towers (add $25,000–$250,000), chilled water pumps ($15,000–$100,000), variable frequency drives ($10,000–$75,000), or building automation system integration ($20,000–$150,000). Total chiller plant projects often cost 2–3x the chiller equipment price alone.

Carrier vs Trane vs York — Commercial HVAC Financing Comparison

The three largest commercial HVAC brands — Carrier, Trane, and York (Johnson Controls) — compete across every commercial HVAC category. Here is a direct comparison for buyers evaluating all three:

Factor Carrier Trane York (Johnson Controls)
HeadquartersPalm Beach Gardens, FL (US-based)Dublin, Ireland / Davidson, NCMilwaukee, WI (JCI)
RTU Line48/50 series (3–130 ton)Voyager/Precedent (3–130 ton)Latitude/Predator (3–130 ton)
Chiller Flagship23XRV centrifugalCenTraVac (legendary durability)York YZ magnetic bearing
OEM FinancingCarrier Financial ServicesTrane Financial ServicesJohnson Controls Financial
Chiller Life Expectancy25–35 years30–40 years (CenTraVac)20–30 years
RTU ControlsCarrier controls (Comfort Link II)IntelliPak (industry-leading)Microgateway controls
Dealer NetworkLargest US dealer networkStrong, broad coverageStrong in commercial/industrial
5-Year Resale35–45% for chillers35–45% for chillers30–42% for chillers
Best ForBroad commercial, hospitalsLong-life critical facilitiesIndustrial, data centers

EPA Section 608 Certification — Required for All HVAC Work

EPA Section 608 of the Clean Air Act regulates the sale and use of refrigerants and requires certification for technicians handling refrigerants in commercial HVAC systems. The four certification types are:

HVAC contractors without EPA 608-certified technicians cannot legally purchase refrigerants in bulk quantities from distributors. This is practically relevant for financing because lenders offering equipment-only financing (without requiring an installation contractor) should verify the borrower has access to certified technicians.

Carrier Financial Services — OEM Financing Programs

Carrier Financial Services provides financing through Carrier's authorized dealer network. Key program features include:

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Frequently Asked Questions — Carrier HVAC Financing

How much does a Carrier commercial rooftop unit cost?

Carrier commercial rooftop units (RTUs) from the 48/50 series range from $5,000–$18,000 for small commercial units (3–10 ton) to $98,000–$285,000 for very large commercial units (50–130 ton). The most common mid-range RTUs (10–25 ton, used for restaurants and retail) cost $18,000–$45,000 new. Installation typically adds 25–50% to equipment cost, and EPA Section 608 certification is required for HVAC technicians handling refrigerants.

How much does a Carrier chiller cost?

Carrier commercial chillers range from $125,000–$380,000 for air-cooled 30HXC models (100–250 ton) to $285,000–$2.1 million for the large 23XRV centrifugal chiller (150–2,200 ton). The high-efficiency 30XV air-cooled chiller costs $185,000–$785,000. Used chillers typically sell for 40–47% of new price through mechanical contractors and used HVAC dealers.

Does Carrier offer financing for commercial HVAC?

Yes. Carrier Financial Services provides financing for commercial HVAC equipment through their dealer network. Carrier also partners with commercial lenders for large project financing. Terms typically range from 36 to 84 months. For large chiller plant projects, Carrier offers bundled project financing covering equipment, installation, and commissioning as a single package.

What EPA certifications are required for HVAC installation?

EPA Section 608 certification is required for any technician handling refrigerants in commercial HVAC systems. Commercial HVAC technicians installing Carrier rooftop units and chillers typically need Type II (high-pressure) or Universal certification. Contractors without certified technicians cannot legally purchase refrigerants in bulk quantities, which is critical for large chiller installations using R-410A or R-134a.

What is the difference between Carrier and Trane for commercial HVAC?

Carrier (Palm Beach Gardens, FL) and Trane Technologies (Dublin, Ireland / Davidson, NC) are the two largest commercial HVAC OEMs globally. Both offer comparable products at similar prices. Carrier's advantage is the 30XV chiller's efficiency and the broadest US dealer network. Trane's advantage is the CenTraVac chiller's legendary 30–40-year service life and the IntelliPak RTU controls system. Financing terms are comparable from both OEM programs.

How long does a Carrier commercial HVAC system last?

Carrier commercial rooftop units typically last 15–20 years with annual preventive maintenance. Carrier centrifugal chillers have exceptional longevity — the 23XRV series regularly operates for 25–35 years with proper maintenance and periodic compressor rebuilds. This long service life is a key factor in chiller financing: a $2 million chiller plant with a 30-year life has very different total cost of ownership than equipment that depreciates over 7 years.

Can HVAC equipment be financed as part of a building improvement?

Yes. HVAC equipment permanently attached to a building can be financed as a building improvement through a commercial mortgage or construction loan. SBA 504 loans can finance both the building and attached HVAC systems. Energy-efficiency HVAC upgrades qualify for utility company rebates (typically $50–$200 per ton) and Section 179 tax deductions up to $1.16 million in 2024.