financing options

At ModBox, we understand that having options is important. A Studio is as much an equity investment as it is a personal investment; therefore, the financing options should reflect that. We are working hard to find partners to provide alternative solutions for all of our customers. Below, we have included information on ModBox financing solutions, as well as information on alternative financing solutions that customers can purse independently. Please reach out to us if you have any questions related to financing options.

leasing

We are working hard to structure a lease-to-own package for customers directly through ModBox. Terms of the financing will be dependent on overall credit of each customer. We have not yet finalized this process, so we are approaching this on a case by case basis. Please reach out to us if you are interested in pursuing a lease-to-own purchase structure. 

self-employed individuals or business owners

ModBox Studios, in partnership with Peel Financial, is proud to offer financing to our self-employed (Corporations, Partnerships and Sole Proprietorships) customers. Terms (rate, down payment amount, length of term, etc.) of the financing will be dependent on the overall credit profile. Click this link to learn more.

home owners

Consider talking to a mortgage specialist about your home equity. Mortgage rates remain incredibly low, providing an excellent opportunity for those interested in growing their assets. Ken Mercer, at Canadian Mortgage Professionals, is incredibly knowledgeable and a proud partner of ModBox Studios. He is an absolute pleasure to work with. For more information on Ken and the team at Canadian Mortgage Professionals, click this link.

full time employees

With Canadian prime interests rates hovering at an all-time low, consider talking to your bank about a line of credit. Many are offering starting rates at prime, or just above. Typically, a line of credit requires some form of equity, like a home, but it does not require you to remortgage that asset. The asset will be treated like collateral for your line of credit.