Sheds on Finance

Sheds with Monthly Payments

What are Sheds on Finance at Ace Sheds?

For our sheds on finance, we have partnered with Novuna to offer you a simple finance option with monthly repayments and 0% interest over 10 months. This means the cost of the shed (minus the deposit) is spread evenly across the 10-month period with no interest on the finance. So you’ll never pay more than the cost of your garden shed.

How do I buy a Garden Shed on Finance?

To buy a shed on finance, our finance option is available on all garden sheds, summerhouses and workshops over £500. Upon selecting your timber building and making any custom alterations using our simple customisation tool, if your product is £500 or over, you will have the option to make a one-off payment or pay via interest-free credit. 

If you opt for interest-free credit, you’ll be required to pay a minimum deposit of 10%. The deposit will affect how much you are required to pay back each month. 

For example, a higher deposit percentage will result in lower monthly payments, and a lower deposit percentage will result in higher monthly payments.

Using our simple finance calculator:

1. Select a percentage of the total shed price you’d like to pay as your deposit contribution.

2. Once you have selected your agreed amount, you will be directed to SagePay for deposit payment.

3. Upon completion, you’ll be directed to Novuna to pay by finance and complete the application process.

What happens if my application to buy a Garden Shed on Finance is unsuccessful?

You will need to contact Ace Sheds, who will be more than happy to discuss other forms of payment or refund your deposit contribution if, unfortunately, you are not successful during the finance application process. If you are unsuccessful, you will be shown the decision by Novuna with a decline letter before being redirected back to our website. You will receive an order no. upon unsuccessful completion which will need to be given to Ace Sheds in order to receive your refund. You can contact us on 01233 822042.

Cost of Buying a Shed on Finance

 With our interest-free finance option, you’ll get up to 10 months 0% APR representative interest-free finance. You can spread the cost of your garden shed, summerhouse or workshop with our interest-free finance, which is available online and in-store.

Criteria to buy a Shed on Finance

 All you need to do is:

1. Spend a minimum of £500 or above

2. Place a 10% deposit or above.

3. Minimum finance amount after deposit, e.g. £450 and above

Interest-Free Finance Example (with 20% deposit)

 Here is an example of what a monthly payment plan and the associated costs would look like with our Sheds on Finance:

Purchase Price = The total amount of the shed including any optional extras and security features.
Deposit = The amount the customer pays by credit or debit card which is subtracted from the total amount to be financed. 
Loan Amount = The total amount of the shed to be financed, less the deposit paid by the customer.
Monthly Repayments = The purchase price minus the deposit, divided by the number of months in the duration agreement.
Total Amount Payable = The sum of all the monthly payments, plus the deposit amount. 
Agreement Duration = The number of months that repayments are due from the customer.
Rate of Interest = A percentage of the loan amount which is charged as interest to the borrower. 

Monthly Repayment Costs Based on Total Order Value

The table below shows you how much the monthly repayments will be based on the total order value:
 

If you would like to discuss in more detail our sheds with monthly payment options, please contact us on 01233 822042.

If you have any questions regarding our sheds on finance, please head over to our Finance FAQ page.