A nice fence serves as more than a means to divide two properties. It can lend a sense of privacy, provide a means to beautify yard and garden spaces, and enhance the overall visual appeal of any home. However, the price tag for external home improvement projects can seem prohibitive to some homeowners. The good news is that many companies offer fence financing for qualifying customers.
Professionally installed fencing can provide significant home equity gains, help lower insurance premiums, and increase the overall value of home or commercial property. Forrest Scott Fencing of Baton Rouge offers many special financing options for customers looking to decrease up-front costs for parts, labor, and installation.
How to Finance Your Fence Installation
Any home improvement investment can be daunting at first glance. A high-quality fence is no exception. For home and business owners, financing a fence may be the best option to reduce up-front costs. Deciding which type of loan suits you best is just as important as choosing a fencing style. Homeowners can finance a fence through one of several options:
- Personal loan
- Home equity loan
- Line of credit
- Installment financing
For every financing option, one’s credit score determines loan eligibility and requirements. Interest rates fluctuate according to FICO scores and further influence the payment plan and balance of a loan. A good credit rating can ensure a lower down payment for each of the above options.
Third-party financing is always an option for customers, but it is not mandatory. It’s best to explore financing packages with every fence installation quote.
Rates Vary
No two fences are exactly the same. The dimensions of each property vary, from size and material to slope and gradient. Therefore, the cost of fencing installation depends on these factors. Most installation costs run between $15 and $50 per linear foot of fencing. If you have a smaller lot to fence, you can expect to spend anywhere from $1,000 with parts and installation, while larger lots can run from $5,000 to $10,000.
Loans vs. Company Financing
Determining the financing plan that works for a specific budget is a matter of exploring every available option. Many professional fencing companies offer in-house financing options to accommodate a range of budgets. Typically, a third-party loan incurs interest at an APR around 10%, but the rate depends on a customer’s credit score.
Forrest Scott Fencing offers special financing! Call today to schedule a fence installation consultation and inquire about fence financing options. Or visit our website and select “Contact Us” to inquire about your fencing needs.
