You can spread the cost of your temporary building across affordable monthly payments on terms to suit you.
This temporary building finance option option allows you to spread the cost of the structure over affordable monthly payments while ultimately owning the asset at the end of the agreement. Once you own the asset, you can then continue to use the building, re-locate it to a different site or sell it on the pre-owned market. There is a buoyant demand for second hand temporary buildings.
A finance lease is a method of financing a temporary building through regular monthly payments with a minimal upfront cost. With a finance lease, you, as the lessee, have ‘economic’ ownership of the asset during agreement. There may be further commercial and accounting benefits to a finance lease such as listing the asset on your balance sheet with any remaining payments as a liability.
To get a bespoke finance quote, please contact us with your building requirements and we will take care of the rest. To compare your options, use this comparison table:
Hire Purchase | Finance Lease | |
|---|---|---|
Will I own the building? | Yes | No |
What is the first payment? | Min. 10% deposit & 100% of VAT | 3x monthly payments +VAT |
How long is the agreement? | 2 – 5 years | 2 – 5 years |
What is the monthly payment? | Amount agreed (VAT is paid upfront) | Amount agreed + VAT |
What happens at the end? | Optional purchase fee | Title can be transfered via finance broker |
In addition to financing a temporary building, we can support you with a bespoke rental agreement. You can hire a temporary building for as long as you need it. It is a great way to increase your space quickly. We offer hassle free installation, flexible rental terms and a range of options to customise your temporary building. hiring a temporary building is quick and easy with us.
If you want to instantly own the asset, buying a temporary building outright is a popular choice. Generally, buying a temporary building is 70% cheaper than procuring a traditional or permanent building. It is made to measure for your needs and can be installed in a few days without disruption. A manufacturing deposit on order is taken with a final payment four weeks prior to delivery.
While we can’t provide financial advice or say which temporary building finance option is best for you, we can give you all the information you need to make an informed decision. It is important to note that funding is for Limited Companies and Partnerships greater than 3 partners only.
However you decide to purchase your temporary building, you will still be able to customise the building to your exact requirements upfront.
We can provide project specific finance proposal for your building, including a monthly cost breakdown. To provide an accurate proposal, we need to know the size of the building you require and how long you need it for. From this we will provide a cost estimate for your new temporary building.
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