Is It Better To Finance Or Rent To Own A Steel Building?
09 May 2019
You Have Options
We are often asked, “Is it better to finance or rent to own a steel building?” Whether you are purchasing a building for your own private use, or for your business, we know that it can seem like a big and daunting expense. Because buildings are such a big investment, we offer multiple ways that you can finance your building to make sure that you are able to get all of the features that you want without breaking the bank.
Our financing options are completed through either Citizen State Bank or a Greensky Program Loan, each of which offers various specific benefits depending on your situation. In addition to this, we also have a rent-to-own program, which anybody can qualify for without needing to complete a credit check.
Citizen State Bank
Financing through Citizen State Bank offers APR rates from 9.95-17.95, depending on your credit score. You can borrow up to $25,000, paid off between 24-72 months, and must have a credit score of at least 630 to qualify. This option is great for those who are looking for this type of larger-scale, pre-determined plan, and is an overall simple, flexible, and cost-efficient way to finance your building.
The Greensky Program Loans that we offer gives you the flexibility to take only the money you need for the project, with 0% interest for 18 months. This option is great for those who just need a financial boost to get their project completed, and is particularly easy and budget-conscious. The money from these loans can be spent with any home improvement retailer nation-wide, so you can make sure to get exactly what you are looking for to get your project done.
Rent To Own
Lastly, our rent-to-own program is one of the simplest and most versatile options that we have. No credit check is necessary, and you can be approved, hassle-free, for up to $8,000 from one of our partner banks. After a small up-front payment, you can make your own flexible monthly payments in a way that works for you, for up to 36 months. Every payment you make on your building will get you closer to ownership and full independence.
No matter what your financial situation is, deciding whether to finance or rent to own a steel building can be a tough decision. We are sure one of our financing options can work for you. We offer these plans because we know that it can be daunting to try to finance a building up-front, and we’ve made sure that each option we provide will get you to your goal of total ownership and independence quickly and easily.
Of course, everybody’s situation is different, and what you’ve read here is just a bare-bones description of how our plans work. We’d love to discuss your particular situation to find out which plan works for you, and someone from our team will always be ready to help you understand your options when it comes to financing the specific building you want. Don’t hesitate to get in touch so that we can start planning your road to ownership today!