Financing Options for Modular Buildings

buy or lease

Financing options for modular buildings are flexible. TLG Modular Building Solutions can assist with your questions and make referrals as needed.

Outright Purchase

Treat the purchase of a modular facility as a capital expenditure and own it now. True ownership offers advantages with tax implications including depreciation, and offers more flexibility should the business situation or location change.

Lease Purchase Option

Pay a monthly rate for a specified number of months and have the option to purchase the building at a pre-negotiated price. This option allows the customer to reserve capital and utilize limited capital resources in other areas of the business. Most lease payments are tax deductible expenses.

This option typically requires a down payment of the first and last months’ payment along with customary one-time fees for delivery and set-up of the modular building. However, these factors can vary based on the customer’s credit rating. 

Operating Lease

Like a Lease Purchase Option, the Operating Lease allows the customer to pay a pre-determined monthly rate but at the end of the lease, the building is returned to the financing company. The Operating Lease will offer a lower lease rate with no transfer of ownership and is ideal for temporary two to three year project durations.

This option typically requires a down payment of the first and last months’ payment. In addition, upfront payment of customary fees for the initial delivery and set-up of the modular building are required, as well as the fees for the subsequent teardown and return of the building to the finance company once the lease has ended. These factors can vary based on the customer’s credit rating. 

Finance Lease

The Finance Lease allows the customer to pay a pre-determined monthly rate for the building and at the end of the lease term, ownership transfers to the customer (there is usually a nominal transaction fee to establish monetary consideration).

This option typically requires a down payment of the first and last months’ payment along with customary one-time fees for delivery and set-up of the modular building. However, these factors can vary based on the customer’s credit rating. 

Municipal Lease

A tax exempt municipal lease is a useful financing alternative available to state and local government agencies, including public school districts and some charter schools.

In this option, the customer pays a pre-determined rate for a specific number of payment periods with a nominal buy-out at the end of the lease term. After the buy-out, the customer receives title to the building. Payments can be made in a variety of installments such as annually, quarterly or monthly. Lease terms typically range from three to seven years, and payments can be structured to meet the customer's available cash flow.

Resale

Many customers prefer to purchase their modular buildings, and when the building is no longer needed they sell the building to recapture a portion of their investment.

Contact TLG Modular Building Solutions for Questions on Financing Options for Modular Buildings

 

Check out our modular buildings floor plans to see what we have to offer or let us design your custom modular building based on your space needs.

Contact us or call today so we can get started on your new modular building right away!  1-800-693-8919

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