financing a pole barn...
 
 

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financing a pole barn...

This is a discussion on financing a pole barn... within the Barn Maintenance forums, part of the Barns, Boarding, and Farms category
  • Financing available to build a pole barn
  • Barn home financing

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    02-16-2012, 04:03 PM
  #1
Foal
financing a pole barn...

So, awhile ago I posted about building a boarding facility. While it is still under serious consideration, we've been hitting snags. I'm still looking for a reasonably priced piece of land, but theres another problem. I've found some really great priced pole barns, just one problem, nobody seems to finance :(. Sadly I don't see myself being able to ever cough up 60-80k outright to build a facility. Anyways, I was wondering if anybody knew of places/companys that do financing for agriculture buildings (in-house financing or a private company). I'm already looking in to ClearSpan, but not to sure if that's the type of building I would want for a boarding facility. I've never seen anybody really use them around me, so it would certainly be different. Thanks for any help :)
     
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    02-16-2012, 05:58 PM
  #2
Green Broke
Maybe speak to your county agricultural extension agent, or the local Farm Bureau?
     
    02-19-2012, 03:26 PM
  #3
Foal
Hmm, i'll have to look them up. Anybody else have any ideas.
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    02-19-2012, 04:19 PM
  #4
Trained
Since you're talking about starting a business, try the Small Business Administration. Regardless if where you look for a loan, though, make sure you have a written business plan...anyone loaning money will want to see it.
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    02-25-2012, 07:59 PM
  #5
Foal
We will likely be inheriting some land in the future, so we've been keeping our eye on arenas for a couple of years now.

I went to look at a horse last year and it happened to be at a stable that had a clearspan building. It was an awful day - so windy I honestly had trouble walking. We went inside this arena, and it was silent in there. And it was so bright and sunny. I likely would not have considered this before, but honestly we loved it. Honestly I think I like it better than steel buildings, just because of the bright airy feel. Made it feel bigger.

Pros:
- Cheaper to build
- Can be put up yourself (not that I would do that!)
- Can be expanded in length easily. Just add more arches and fabric sections in the middle.
- Can be disassembled and moved if you move.
- Bright during the day time. Looks cute from the outside with the lights on at night too (at least in the pictures)
- Less foundation cost.
- 20 degrees warmer in winter and cooler in summer than a steel building.

Cons:
- I don't know how long a steel building lasts, (as per the rep) but the fabric of clearspan has a life expectancy of 15-20 years. It costs about 10% of the building cost. The frame is more like 50 years. They boast a 0% failure rate (never had one collapse), even in 150mph hurricane zones and over 100lb snow loads. And the buildings are engineered. There was another fabric structure company that didn't properly engineer their buildings, and it was put out of business when the Dallas Cowboy's structure failed: Dallas Cowboy Stadium Collapse Anatomy of a Gridiron collapse - Popular Mechanics . If a tornado threw a tree into it or something, I would expect that steel would be more likely to not tear then fabric.
- Some areas might now allow it, as fabric structures are prohibited. Our county appears to prohibit it.
- The warranty is 15 years.
- Your homeowner's insurance may not cover it.
     
    02-25-2012, 08:03 PM
  #6
Foal
Did you get any quotes from anyone?

I'm leaning towards a clearspan someday, but am not sure of how big I'd be able to afford, or the cost of accessories (lights, ventilation, doors) and foundation options. So I'd be interested if anyone has any information on what they paid for foundations (even on steel buildings), footing, and accessories. I'll post the question elsewhere as to not hijack this thread.
     
    02-25-2012, 08:04 PM
  #7
Foal
Quote:
Originally Posted by l8rgator    
We will likely be inheriting some land in the future, so we've been keeping our eye on arenas for a couple of years now.

I went to look at a horse last year and it happened to be at a stable that had a clearspan building. It was an awful day - so windy I honestly had trouble walking. We went inside this arena, and it was silent in there. And it was so bright and sunny. I likely would not have considered this before, but honestly we loved it. Honestly I think I like it better than steel buildings, just because of the bright airy feel. Made it feel bigger.

Pros:
- Cheaper to build
- Can be put up yourself (not that I would do that!)
- Can be expanded in length easily. Just add more arches and fabric sections in the middle.
- Can be disassembled and moved if you move.
- Bright during the day time. Looks cute from the outside with the lights on at night too (at least in the pictures)
- Less foundation cost.
- 20 degrees warmer in winter and cooler in summer than a steel building.

Cons:
- I don't know how long a steel building lasts, (as per the rep) but the fabric of clearspan has a life expectancy of 15-20 years. It costs about 10% of the building cost. The frame is more like 50 years. They boast a 0% failure rate (never had one collapse), even in 150mph hurricane zones and over 100lb snow loads. And the buildings are engineered. There was another fabric structure company that didn't properly engineer their buildings, and it was put out of business when the Dallas Cowboy's structure failed: Dallas Cowboy Stadium Collapse Anatomy of a Gridiron collapse - Popular Mechanics . If a tornado threw a tree into it or something, I would expect that steel would be more likely to not tear then fabric.
- Some areas might now allow it, as fabric structures are prohibited. Our county appears to prohibit it.
- The warranty is 15 years.
- Your homeowner's insurance may not cover it.
I have looked in to clearspan and got a quote, they are considerably higher than a pole barn. Since unless you hire somebody to do the construction it would be considered a DIY. So that's probably going to be out, i'm pretty sure a steel building lasts longer than 15-20 years, but i'd have to check in to it. So that would be another extra cost in the future.
     
    02-25-2012, 08:07 PM
  #8
Foal
Quote:
Originally Posted by l8rgator    
Did you get any quotes from anyone?

I'm leaning towards a clearspan someday, but am not sure of how big I'd be able to afford, or the cost of accessories (lights, ventilation, doors) and foundation options. So I'd be interested if anyone has any information on what they paid for foundations (even on steel buildings), footing, and accessories. I'll post the question elsewhere as to not hijack this thread.
I got a quote for a clearspan building, it was 72ft width by 220ft long they quoted me 118k. I'm looking in to Pole Barn Direct right now, there a DIY kit, but I remembering getting a quote from them before and it was alot cheaper than Clearspan, but I don't remember the dimensions I requested a quote for. So I went ahead and made a quote with the same dimensions of the clearspan.
     
    02-25-2012, 08:38 PM
  #9
Foal
They quoted me around
$22600 for a 65WX83L building, plus
$4200 for each end wall (X2)
$12000 for the install.
$400 per stall

But now I'm thinking that is too narrow.

I didn't get a quote for lights or foundation. The rep threw out $15,000 as a possible rough estimated site prep/foundation number (not sure what that includes).

In another post someone did mention that it was significantly more to make it 8' wider. So the width may be the major factor here when it comes to price comparison to steel. I've just asked for an estimate on 80 wide by 60 long - thinking that would leave me the opportunity to expand the length later to something much more reasonable.
     
    02-25-2012, 08:45 PM
  #10
Foal
[Added a con from another thread]

We will likely be inheriting some land in the future, so we've been keeping our eye on arenas for a couple of years now.

I went to look at a horse last year and it happened to be at a stable that had a clearspan building. It was an awful day - so windy I honestly had trouble walking. We went inside this arena, and it was silent in there. And it was so bright and sunny. I likely would not have considered this before, but honestly we loved it. Honestly I think I like it better than steel buildings, just because of the bright airy feel. Made it feel bigger.

Pros:
- Cheaper to build
- Can be put up yourself (not that I would do that!)
- Can be expanded in length easily. Just add more arches and fabric sections in the middle.
- Can be disassembled and moved if you move.
- Bright during the day time. Looks cute from the outside with the lights on at night too (at least in the pictures)
- Less foundation cost.
- 20 degrees warmer in winter and cooler in summer than a steel building.

Cons:
- I don't know how long a steel building lasts, (as per the rep) but the fabric of clearspan has a life expectancy of 15-20 years. It costs about 10% of the building cost. The frame is more like 50 years. They boast a 0% failure rate (never had one collapse), even in 150mph hurricane zones and over 100lb snow loads. And the buildings are engineered. There was another fabric structure company that didn't properly engineer their buildings, and it was put out of business when the Dallas Cowboy's structure failed: Dallas Cowboy Stadium Collapse Anatomy of a Gridiron collapse - Popular Mechanics . If a tornado threw a tree into it or something, I would expect that steel would be more likely to not tear then fabric.
- Some areas might now allow it, as fabric structures are prohibited. Our county appears to prohibit it.
- The warranty is 15 years.
- Your homeowner's insurance may not cover it.
- If snow slides off in winter, shadows and noise could spook horses.
     

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