Financing for Your Oil Tank Project: What You Need To Know

Whether you’re facing an urgent oil tank removal or planning a full system upgrade, the cost of tank work can be a serious concern. That’s why Superior Tank & Energy partners with GoodLeap to offer flexible oil tank financing solutions designed to help homeowners move forward with essential projects without delay.

Here’s what you need to know:

• $1,500 minimum project size: To qualify for financing, your project must meet or exceed a $1,500 minimum. This helps ensure financing is applied to substantial, qualifying services.
• Terms available up to 180 months: Spread your payments out over time with flexible loan terms as long as 15 years.
• Seasonal 0% interest offers for up to 18 months: Take advantage of promotional financing options that allow you to pay no interest for up to a year and a half.
• No money down financing available: Start your oil tank project immediately without paying anything up front.

From soil remediation to full heating system upgrades, we make it easier to get the job done with flexible financing options tailored to your project size and scope.

What Projects Qualify for Financing?

GoodLeap financing is available for most large-scale tank and environmental service projects, including:

• Underground oil tank removal: If your tank is leaking, rusting, or no longer in use, removing it quickly can prevent costly soil contamination and avoid legal issues when selling your home. Financing helps you act fast without waiting for upfront capital.
• New oil tank installation: Whether you’re replacing an aging tank or upgrading your heating system, a new oil tank is a smart investment in safety and reliability. Financing allows you to spread the cost of installation over time while upgrading to modern, leak-resistant equipment.
• Residential soil remediation: If your heating oil tank has leaked, soil remediation is required to clean up contamination and restore your property. This process can be expensive, but financing ensures you can meet regulatory standards without financial strain.
• Complete heating system upgrades: Upgrading your entire oil heating system is a major project, but it can lead to long-term savings and better efficiency. Financing lets you invest in a cleaner, safer system without paying the full amount up front.

While most aboveground and underground tank projects qualify, basement oil tank removals typically do not meet the $1,500 minimum unless paired with another service.

Who Qualifies for Financing?

Financing your oil tank project is designed to be straightforward, but there are a few basic eligibility requirements you’ll need to meet. To qualify for GoodLeap financing, you must:

• Own the property where the work is being performed (“own the dirt”)
• Not be renting or living in a mobile home without land ownership
• Complete a quick pre-approval process with a soft credit pull (this won’t affect your score)

If you’re not sure whether you qualify, our team can walk you through the steps and help you apply.

Why Finance My Tank Project?

Tank work isn’t something you want to delay, especially if your tank is leaking, outdated, or non-compliant. Choosing to finance your oil tank project allows you to:

• Spread out payments: Manageable monthly payments help reduce financial stress.
• Start work immediately: Avoid the risk of costly emergencies by acting now.
• Access promotional rates: Take advantage of seasonal 0% interest options for up to 18 months.

Whether you want to finance oil tank installation or finance soil remediation, our team can guide you through your options.