To provide affordable solutions for their customers, FBi Buildings has teamed up with Compeer Financial to offer Capital Lease financing options for pole barn repair and renovation projects.

This innovative partnership allows customers to upgrade their existing post-frame buildings. Let’s delve into the details of this advantageous agreement and learn how it can benefit you!

Capital Lease $1 Buyout Option Details:

1. 1.       Purchase for $1 at the End of the Capital Lease: Customers can own the pole barn at the end of the lease term by purchasing it for a nominal amount of $1.

1. 2.       Comprehensive Project Scope: Financing under a Capital Lease agreement covers a wide range of pole barn repairs and renovations, including:

• Post-frame building shell
• Concrete work
• Electrical installations
• HVAC systems
• Interior finishes

However, it’s important to note that certain exclusions apply, such as excavation (site prep), driveways, landscaping, and digging new wells or septic tanks.

Capital Lease Terms & Conditions:

1. 1.       First Lease Payment Due Later: The first lease payment is required upon completion for all lease transactions, ensuring a seamless transition from the post-frame construction phase to the leasing arrangement.
2. 2.       Flexible Payment Terms: Customers can customize their monthly, quarterly, semi-annual, or annual payment terms that align with their cash flow preferences.
3. 3.        For Agricultural Use Only: The Capital Lease financing option is available for agricultural use only, with borrow eligibility determined by Compeer Financial.
4. 4.       Subject to Credit Approval: Customers are subject to credit approval and conditions set by Compeer Financial.

Advantages of a Capital Lease Agreement:

1. 1.       Tax Benefits: Clients are treated as the asset owner for tax purposes. This ownership allows them to leverage tax deductibility, guided by their accountant’s recommendations.
2. 2.       No Down Payment Required: A notable benefit of Capital Lease financing is the absence of a down payment. The initial lease payment is due upon the completion of thepole barn renovation project.
3. 3.       Collateral Flexibility: Most transactions offer collateral flexibility, providing additional convenience and adaptability to meet the diverse needs of customers.

Get Started on Your Pole Barn Repair & Renovation Project!

FBi Buildings is committed to delivering exceptional pole barn repair and renovation services, including but not limited to:

• Gutter Leaks
• Rotted Columns
• Walk Door & Window Replacements
• Re-Roof, Re-Side, or Total Re-Skin
• Sliding Door Adjustments
• Interior Finishes (Ceilings, Insulation, Lofts & Walls)

Our dedicated team of experts has the knowledge, resources, and workforce to extend any post-frame building’s useful life or reconfigure it for a new purpose. It does not matter who built the original structure!

In partnership with Compeer Financial, FBi Buildings is prepared to bring your vision to life. Please call (800) 552-2981 to see if you qualify for this exclusive financing option and take the first steps toward renovating your existing pole barn.

About FBi Buildings

FBi Buildings is a Midwest post-frame construction company building pole barns in Illinois, Indiana, Iowa, Kentucky, Michigan, Missouri, Ohio, and Wisconsin. Founded in 1958, FBi Buildings has constructed 20,000+ farm shops, commercial businesses, residential buildings, and horse barns.