The ability to model fluid flow and heat transfer in process equipment (e.g., shell-and-tube heat exchangers) is often critical. What is more, many different geometric variants may need to be evaluated during the design process. Although this can be done using detailed computational fluid dynamics (CFD) models, the time needed to evaluate a single variant can easily reach tens of hours on powerful computing hardware. Simplified CFD models providing solutions in much shorter time frames may, therefore, be employed instead. Still, even these models can prove to be too slow or not robust enough when used in optimization algorithms. Effort is thus devoted to further improving their performance by applying the symmetric successive overrelaxation (SSOR) preconditioning technique in which, in contrast to, e.g., incomplete lower–upper factorization (ILU), the respective preconditioning matrix can always be constructed. Because the efficacy of SSOR is influenced by the selection of forward and backward relaxation factors, whose direct calculation is prohibitively expensive, their combinations are experimentally investigated using several representative meshes. Performance is then compared in terms of the single-core computational time needed to reach a converged steady-state solution, and recommendations are made regarding relaxation factor combinations generally suitable for the discussed purpose. It is shown that SSOR can be used as a suitable fallback preconditioner for the fast-performing, but numerically sensitive, incomplete lower–upper factorization.