At Lion Buildings, our traditional payment method is simply to collect a 15% to 60% deposit at the time the order is placed and consider the balance due at the time of delivery and installation. For customers with good to fair credit who are interested in metal building financing, we offer a risk-based metal building financing program with terms that can range from 12 to 60 months. With the interest rates we offer in our metal building financing program, your total costs will generally be less than they would be with a comparable rent-to-own program.
EZ Pay has the best early payoff in the industry. They base their payoff on the original price of building, not the overall contract value. As an example, If a building cost $10K that building has a contract value of around $20K. If you want to pay it off early your payoff is based on the original $10K not the $20K. EZ Pay is the only program that does this and it can save you thousands!
You can put down as much as you want and finance as little as you want. This is another feature that is unique to EZ Pay.
Remember to utilize Docusign, put an email in the email field of the application and choose E-sign and file from the contract send method field!
A customer has a $10K building, a $400 payment, and a 48 mos contract. If they make all 48 payments, they will pay just over $20K for the building. So this building has a contract value of $20k
Let’s say that the same customer wants to pay 5 payments and pay it off. EZ PAY calculates early payoff based on original cost not contract value. Using this example the customers have paid $2000 in payments. $1000 remains with EZ PAY as the lease fees and another $1000 comes off the original $10K and that’s the payoff ( + any left over sales tax to be paid back to EZ Pay). This is unique to the industry and the most fair payoff for the customer. It has several resulting benefits for you.
Please contact us if you have any questions or concerns about our metal buildings.
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