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.
Better than Rent to Own!!!
Many of our competitors have finally figured out how to finance sheds in Maine. We have been doing this for years. Our financing is structured to be fair and affordable, unlike the expensive rent to own contracts offered by other companies. Their rent to own contracts have you paying sometimes 70-80% more for the building! Our financing costs are a fraction of that. We guarantee you the best financing program of any shed company in the state.
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 follow:
- Down payments must be paid at the time of delivery.
- Purchasers must sign an installment sales contract at the time of delivery.
- Interest rates are based on down payment amount. Our rates are as follow:
- 50% or more down =0.000%
- Less than 50% but more than 25% down= 9.99%
- Less than 25% but more than 15% down= 12.99%
- Less than 15% down qualifies for a rent to own contract
- The minimum monthly payment is $50.00.
- The maximum term is 48 months for sheds and 120 months for garages.
- Storage sheds must be accessible to Shed Solutions, LLC at all times until paid in full
- Financing contracts can be written on any building, subject to certain restrictions
– 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 OCR11561