Synchrony (SYF), a leading consumer financing company, and Mitsubishi Electric Trane HVAC US LLC (METUS), a leading provider of residential and commercial heating and cooling solutions in the United States, today announced the renewal of their strategic residential consumer financing business relationship. Effective October 1, 2025, this multi-year agreement builds upon a decade-long collaboration.

"As we mark a decade of successful collaboration with METUS, our renewed relationship underscores Synchrony's dedication to driving growth, fostering innovation, and supporting our collaborators through the evolving landscape of customer needs," said Curtis Howse, executive vice president and CEO of Synchrony's Home & Auto platform. "Together, we continue to pave the way for transformative solutions that empower both businesses and consumers alike."

This business collaboration exemplifies the mutual commitment of both companies to find opportunities to deliver innovative financing solutions that help enable customers to upgrade and maintain their HVAC systems with ease and flexibility. By leveraging Synchrony's customizable financing options, METUS continues to enhance the customer purchasing experience and provide robust support to its network of contractors nationwide.

"Our long-standing collaboration with Synchrony has been a key factor in empowering contractors and our customers alike through flexible and secure financing solutions. These solutions not only support the purchasing process but also drive greater confidence and satisfaction across projects," said Brinnon Williams, Vice President of Residential Business, Mitsubishi Electric Trane HVAC US LLC. "We're excited to continue working alongside Synchrony to provide the financing options that help bring these innovations within reach for more homeowners."

Since 2014, Synchrony has offered many customers of Mitsubishi Electric products various promotional financing options to cover heating and cooling systems and services. Customers can apply for credit on their own devices, with immediate access to credit upon approval. This streamlined process supports HVAC contractors by providing them with proven tools and new product capabilities to drive sales and customer satisfaction.

As the demand for smart, energy-efficient HVAC solutions continues to grow, Synchrony and METUS' collaboration will play a crucial role in providing customers with both innovative products and convenient financing.