Financing Options for Metal & Wooden Buildings
Hinton Buildings understands that affordability is a key component of getting the right building to suit your needs and budget. Our financing partner, PowerPay, can help.
Financing at Hinton Buildings
The truth is: metal garages can be expensive. Not everyone has $10,000 to $50,000 sitting around waiting to buy a metal building. Hinton Buildings understands that affordability is a key component of getting the right building to suit your needs and budget. Our financing partner, PowerPay, can help.
What is PowerPay?
PowerPay is a primary lending solution that can offer you a great rate ranging from 8.99% to 16.99% APR with terms up to 15 years. This means, with great credit, your payment could be around $10 per month, per $1000 borrowed. For example, a $30,000 building could be yours for roughly $300 per month with a 15 year term. This dramatically assists you to purchase the building you want without waiting years to save up for the structure and concrete.
Applying for Financing is Simple & Fast
Applying for financing is very easy and can be done quickly through the PowerPay website. Simply complete the application and most decisions take only a few minutes. Occasionally, additional documentation is required. If that happens, you will be notified with a request for specific types of documents.
Once approved, your lending limit and APR will be determined by PowerPay’s underwriters. We can then work with you to determine the best way to utilize that financing towards the purchase of your building. Many customers choose to pay the building deposit up front and then finance the balance. Other customers elect to purchase the building with no cash down. This does involve some extra expense. Our building experts will be glad to discuss this option with you once we reach that phase of the discussion.
No Prepayment Penalties
PowerPay doesn’t charge a prepayment penalty! This means you can begin with a 15 year term and make larger payments to reduce your loan balance sooner. In the end, this will reduce the interest charged on the loan. For example, simply doubling the normal monthly payment on the 15 year term will pay off your loan in about 5 years.
Apply today to see if you’re approved! PowerPay doesn’t do a hard credit pull. Rather, they do a soft credit pull that doesn’t affect your FICO score. It only takes a few minutes and requires just a few pieces of information.
We're Here to Help You Every Step of the Way, Including with Financing!
Many of our customers have utilized PowerPay to finance their metal buildings and are very happy that they were able to afford the payments and even make additional payments to shorten their loan term.
Contact the Hinton Buildings Team
We strive hard to provide the best service to our customers! If you weren't able to find what you need online or still have questions, feel free to shoot us a message and someone on our team will get in touch with you as soon as possible.