It has been our experience that there are many people people who want or need a storage building but do not have several thousand dollars available to pay cash for one. However, they could afford
a small down payment and a few dollars a month. So, in order to accommodate these people we’ve developed a very simple and affordable financing program.
Regardless of Past Credit History
We are willing to extend credit to anyone regardless of past credit history. Our financing is “in house” with no credit checks, employment verification, rent or mortgage verification, or any of the other hassles associated with borrowing money. Our lending parameters are very simple
and are as follows:
- Down payments must be paid at the time of delivery.
- Purchasers must sign the installment sales contract at the time of delivery.
- A minimum of 25% down or $500.00, whichever is greater, is required on all credit purchases.
- The minimum monthly payment is $50.00.
- The maximum term is 36 months for sheds and 120 months for garages.
- Storage sheds must be accessible by our truck. If a shed is not accessible by truck, a mortgage against the property must be substituted for the installment contract. Garages require a note and mortgage in lieu of an installment sales contract.
- All unpaid balances are carried at 8.000% simple interest per annul. There is no penalty for early payoff or additional principal payments.
– Extra windows, sales tax, and delivery charges (if applicable) are not able to be financed.
Once a shed is ordered, we immediately schedule it to be built. Upon delivery of the building to your property, we will collect your down payment and schedule your first monthly payment to be due thirty days from delivery.
Please note that we are flexible and try to accommodate special situations if possible. Please contact us for special arrangements if you do not conform to any of the above. We are in business to sell building and will try to make the deal work.
Shed Solutions is approved by the State of Maine as a General Creditor. We are licensed by the Maine State Bureau of Professional and Financial Regulation Office of Consumer Credit Regulation. Shed Solutions has qualified as required by 9A MRSA 6-202. Our Maine License/Registration number is OCR7446