Sheds on Finance – Storage Solutions For Every Budget

With the current state of the economy, it’s understandable to not have room in your budget for a storage shed that would extend your living space. We’ve helped hundreds of homeowners on a wide spectrum of budgets and that’s why we offer rent-to-own (RTO) and financing on our sheds. A storage solution should not break the bank and it should be accessible to every homeowner. 

Not every homeowner is aware of how RTO and financing work for sheds. Read more to find out how these processes work and how to take advantage of them. 

Sheds On Finance vs RTO Sheds

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Rent-to-own is not the same thing as traditional financing. Think of it as an alternative. Most people are familiar with financing. You might’ve used financing for other purchases as this is a common practice. It is a loan with credit implications. Rent-to-own is in its own category as a lease agreement. 

With traditional financing, you will have to apply for credit. This gets reviewed which in turn can result in either a grant or denial. Financing also carries more weight in terms of implications. If you miss payments or fail to meet the legal obligations of your loan, your credit score will be affected negatively.

With rent-to-own, you have the advantage of no credit checks. No matter what your credit score is, you can have a storage solution. There are no serious implications if you can’t complete the payment on your storage buildings. You can just return the building at no extra cost. 

Is There A Credit Check For Sheds On Finance?

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When applying for traditional finance to purchase a shed (whether it’s with us or a different shed builder), most financing companies may require a credit check as part of the application process. These credit checks are to review your credit history and your credit score to determine if you are a good candidate for approval. It’s the same process as any other thing you might’ve financed.

This is also where the interest rates and different terms get determined. If you have a history of not paying loans on time or have low credit in general, it’ll be harder to get approved or get approved with good terms. We use RTO National for our leasing and financing. You can check out their website here and look over their policies regarding credit checks and eligibility for financing a shed.

Advantages Of Sheds On Finance

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As a homeowner, you have to decide where your money goes and what purchases will give you a good return on your investment. Not every homeowner has the luxury of spending without thinking. That’s why sheds on finance are a great option if you desperately need extra storage space on a budget.

The most obvious advantage of sheds on finance is affordability. Having the opportunity to get a storage solution at a price that’s ideal for you is a huge plus.

Another advantage of sheds on finance is a rent-to-own option which lets you pay monthly for your shed while requiring no credit checks or prior credit history. We offer our rent-to-own plan through RTO National which uses FlexLease. You can get instant approval, and return your building at any time with no repercussions. 

Disadvantages Of Sheds On Finance

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I’ve talked a lot about the advantages of shed financing and rent-to-own but nothing is perfect. Sheds on finance aren’t the right option for everyone and so I want to also spend some time discussing why maybe it’s not the way for you. 

When you choose to go after sheds on finance, you end up paying more than the regular one-time price for the shed. 

Because rent-to-own has no credit check, and you can instantly get approved, there are leasing service fees and other terms that add up. If you agree on a shorter term, let’s say 24 months, the fees won’t be as high but if you go for a higher term like 60 months, the shed’s price can go up 100%. This all depends on the shed builder and their RTO provider. 

If you choose to rather go through with traditional financing, it will cost more than a one-time payment but less than rent-to-own. This is because there is a credit check and if you have good credit, you can get favorable terms with less interest rate on your shed. 

Aside from the price, some people just don’t like being under contract. Being restricted financially is not ideal so contracts and financing are not for everyone.

Popular Sheds On Finance

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We have a large variety of shed styles in our lineup! Some of our most popular and affordable storage buildings are the A-Roof Economy Shed, the Barn Economy Shed, and the Quaker Shed. Each of these sheds have different looks and specialties. For example, if you are looking for just a storage space, our A-Roof Economy style is perfect for you. It comes at one of the most competitive prices in the market and is built with the highest quality materials.

Our Barn Economy Shed is a little higher in price with a gorgeous, timeless, classic barn-style design. Barn-style sheds are iconic with American architecture and are sure to brighten up your backyard!

Last but not least, our wooden Quaker Shed can provide you with a unique design that compliments your land. It features an overhang that droops over and provides extra protection from inclement weather. You won’t have to worry about hail, rain, sleet, or any other elements. 

Sheds On Finance In Virginia

Premier Structures has been providing the community with top-notch storage solutions for over a decade. That’s 10+ years of experience helping homeowners declutter and clean up their homes. We work with RTO National, one of the leading finance and lease providers in the United States. Find out more about our rent-to-own and traditional financing options. You can contact us to get information and find out more details and decide if RTO is right for you. If you’ve already made up your mind, you can apply for a lease (RTO) If you’d like to go for traditional financing, you can apply. We can’t wait to serve you!

Let’s talk and find the best possible building for your backyard needs!

Let’s talk and find the best possible building for your backyard needs!