Having a good-quality roof on top of your commercial building is important for a few reasons. It's important to keep your building in good shape and to prevent property damage, plus you could violate certain codes or restrictions in your area by not replacing your roof when it's needed. You are probably also worried about how your business looks to others and about losing business by not having a good-quality roof. If you're on a tight budget, however, you might not know what to do. Luckily, there are a few options if you need to replace your roof but don't have much to spend.
Consider Re-Covering Instead
Don't assume that your roof has to be completely torn down and replaced. In many cases, you can have your current roof re-covered instead. Then, you'll have a fresh, updated look, and you'll have most of the benefits of having a new roof with just a fraction of the cost. Another good thing about re-covering your roof instead of replacing it is the fact that the work can be completed much more quickly, which isn't just affordable, but it also allows you to get back to business as usual more quickly. Talk to a commercial roofing contractor to find out if this is a good option for your business.
Choose a Cheaper Roofing Option
You don't have to redo your roof with the same type of material that you used originally. Instead, you can look into a cheaper roofing option. For example, asphalt shingles, metal roofing, clay or cedar shingles are some of the cheapest options. Talk to a knowledgeable roofing contractor to get price quotes for different options, and consider choosing the most affordable one.
Consider Financing Options
If your building really needs a new roof but you simply don't have the money to pay for one, you can look into various financing options. Some roofing companies will finance your new roof purchase for you. Another option is to look into a business loan that is based off of your income and comes with a repayment that is a percentage of your profits. Although you might not like the idea of going into debt, it could be the best option if your roof is in really poor condition.
As you can see, there are a few things that you can do to lower the cost of installing a new roof on your commercial building. Try one or all of these tips, and you might be able to make it more affordable than you think.