What is Rent to own?

Rent to Own is a payment option that allows customers to acquire a shed or metal building without paying the full purchase price upfront. Customers make payments over time while using the shed or metal building for their storage needs, and they have the option to complete the purchase by paying off the remaining balance after a fixed rental period. Rent to Own eliminates the need for a traditional loan or credit check, making it a more flexible and convenient payment option for customers.

What are the Benefits of Rent to own?

• Minimal upfront costs: Customers can acquire a shed or metal building without paying the full purchase price upfront.
• Flexible payment options: Rent to Own allows customers to make payments over time, according to their budget and financial situation.
• No credit check: Unlike traditional loans, Rent to Own does not require a credit check, making it an excellent option for customers with less than perfect credit.
• Convenient and hassle-free: Rent to Own eliminates the hassles and financial requirements of a traditional loan, making it a more convenient and straightforward process.
• Fixed rental period: The rental agreement typically includes a fixed rental period, after which the customer can either return the shed or metal building or complete the purchase by paying off the remaining balance.
• Test the product: Rent to Own allows customers to test the product and ensure that it meets their needs before committing to the full purchase.

What are the qualifications of RTO?

• Minimum age requirement: Typically, customers must be at least 18 years old to qualify for Rent to Own.
• Stable income
• Valid identification
• Address verification
• Clear background check: In some cases, Rent to Own providers may require a background check to ensure that the customer has no history of fraud or financial misconduct.
• Ability to make the initial downpayment:  which is typically equal to the first month’s rental fee or for bigger sizes double the first months rental fee.

Do you get to keep the shed after the rent to own contract is over?

Yes! The goal in mind when doing RTO is for the client to own and to keep the shed as their asset to sell or keep in the long run.