An option that's overlooked is repairing and sometimes repairs can buy enough time until they can afford to pay for a new roof. By asking “what is the least that we can do to fix the problem?” home and business owners can buy themselves a little bit of time while they save up or make a plan to pay for a new roof. The bottom line of repairs is that repairs are not long-term fixes. Eventually, a roof that needs to be replaced will no longer be repairable.  

With the advancement of technology came the ability to come up with solutions that allow for the life of a roof to be extended through a process called restoration. Just like how furniture can be reupholstered, and old cars can be fixed up, some roofing companies now offer a service called restoration. Restoration is where an existing roof gets repaired and then covered in a coating that will extend the life of the roof for another 10, 15, or even 30 years. Again, restoration isn’t always a long-term solution, but it does give the person enough time to come up with a plan so that in the future they can afford a new roof. 

As with most things in life that are expensive, loans are an option. Loans can be found by going to a trusted bank, shopping around at other banks, or sometimes the company doing the work with will offer finance plans as well. When it comes to using financing, it is always a good choice to have a few options to choose from, while also talking with a financial advisor about what the loan will do in the long run.  

One last option that is possible is that the company doing the work will have a payment plan. This option isn’t always available and will take a discussion with the company to see if it is something they can offer. Payment plans usually happen where a certain amount of money is put down at the beginning, and the rest of the money is due in intervals until the roof project is done. A payment plan can be a good option for people who are waiting for a loan to get approved or have the money but need to wait for a few more paychecks.