Metal is an excellent building material. It is strong, durable, and resistant. It also comes in large, often prefabricated pieces whichare quite simple to build with. For these reasons, it is quite the popular choice to manufacture your new building from metal.
Whether it be a metal garage, a warehouse, an agricultural building, or anything in between, you’d be surprised at the options available to you with metal.
However, as with any construction process, the issue of cost is a big one. How you are going to pay for your new structure is quite often a key issue, and you simply may not have the cash flow available.
This is why many turn to financing. Construction lending is a large part of the industry, and it may be the option you need. But it’s important that you go about it the right way.
Did you know that there are multiple financing options for your metal building?
Or, that by financing your metal building, you can kick your project off sooner than you could have done otherwise?
In This Article
In this guide, you’ll find out everything you need to know about financing your metal building, including loan options and where to find them. We will also take you through how to estimate cost, the top loan providers to check out, the application process, and how to figure out whether or not a metal building is actually the best option for you.
What’s in this guide?
What is a metal building?
A metal building is a building that either has a frame that is made out of metals such as aluminium and steel or in some cases it might be made entirely out of steel, including the walls and the roof.
Sometimes you can use other materials in conjunction with metals, such as brick, stone and wood.
This means that you can completely customise your steel building, which could include having a metal building which has the appearance of wood but at a fraction of the cost.
These metal buildings are cost-effective, and they are often used for things like student accommodation, classrooms or temporary homes for disaster relief because they can be quickly constructed and replicated.
Plus, you can benefit from being able to expand your building relatively quickly, or change the interior floor plan.
What can I use a metal building for?
Metal buildings traditionally have a wide range of uses, here are a few that you might want to consider:
- Vehicle storage
- Residential homes
- Agricultural storage
- Self-storage units
- Student accommodation
- Retail outlets
- Pop up shops
- Pop up cafes
- Cafes and restaurants
- Shopping malls
As you can see, metal buildings can be suitable for many different industries, especially considering that with customisation, your steel building could look unique to your brand, using paints and other materials such as cladding.
You can also customise things such as how many doors you want, the size of the openings, the shape of your roof and interior finishes.
Or, you could choo