How to Afford a Modular Building for Your Business

Modular buildings are perfect for companies that need to expand fast and can’t wait for a building expansion or to find a larger building to buy or rent. They’re ideal for companies whose buildings are under renovation, businesses that want to add additional services such as child care, and schools with overcrowded classrooms. If you’re hesitant to buy or rent one because you’re not sure you can afford one, think again.

Get a Discounted Building
Look for discounts on modular buildings, as you’ll find steep price cuts on both used and new models that clients had built but never wound up using. These models need to move fast, so the builders are willing to let them go for half or less of the cost of the original sticker price. They’re still in top condition and are versatile for many different uses.

Choose Your Budget
If you wind up buying a new building, you need simply tell the designers your budget upfront and they’ll show you the possibilities within your budget. With no hidden costs or surprise bills after you’ve signed the dotted line to have your building made, you can feel confident you’ll get a building you can afford. If your budget is too small to design something that suits your requirements, the designer will suggest some changes to the schematics or an increase in budget. At that point, you can find other sources of funding, choose the smaller option or ask about the available discounted pre-built models. The best designers won’t let you walk away empty-handed if a modular building is what your business needs.

Payment Options
If you need more money to afford your building and you don’t think you’ll be using it in the long-term, consider leasing the building instead of purchasing it. You can also seek a line of credit or a loan from a business lender to pay off the building in installments. Alternatively, if the building will benefit the community – a new classroom or a daycare, for example – hold a fundraiser or online crowdfunding campaign.

Discuss your modular building needs with an expert provider who can show you the currently discounted models or suggest ways to afford a built-to-order building. You don’t know that a modular building isn’t in your budget until you’ve had a consultation, and even then, you’re bound to find it more affordable than you think. A modular building could be exactly what you need to expand your business.

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