How to Pay for a Commercial Roof Replacement‏

Commercial Roofing

When done correctly, a commercial roof replacement results in energy savings, a lower risk of leaks, and a better aesthetic. However, replacing the whole roof isn’t an easy fix, as you might not have enough money to carry such an expense, especially if it’s unexpected.


A lot of business owners ‏use financing to pay for projects like roof replacement. You can apply for a loan from the bank or any other financial services provider. But before you go with this option, you need to conduct thorough research. You must also look at the pros and cons and compare available loan options so you can make the best decision for your business.

‏With financing, there are different stipulations. For instance, you might be required to make a down payment, provide collateral, or both. If your business is eligible for a loan, all you need to do is select the loan provider you want and complete an application. Please note that with loans, the lender will add an interest amount on top of the project price, so it’ll come out costing more than the actual cost given to you by the roofer.‏

‏The biggest advantage of choosing financing as an option is that all the interests accrued by your payments are considered business expenses. As a result, you’ll be able to subtract the interest total from your taxable income.‏


This is another common way of funding your roof replacement costs. The government sometimes allocates funds‏ ‏to businesses for their capital improvement projects. However, these grants are limited to certain types of businesses that meet defined criteria. In most cases, grants are awarded to small businesses and businesses investing in environmentally-friendly or energy-efficient practices. ‏

‏The following is a list of the common types of grants:‏

● ‏Block grants available for community development projects or social services‏

● ‏Government grants awarded to promote sustainable communities‏

● ‏Energy incentives, given to companies implementing energy-saving practices‏

If you’re interested in getting a grant from the government, you need to draft a roofing project proposal. You must also keep in mind that there are a bunch of other companies applying for the same grants, so it’s not a given that you’ll receive the grant. 


This method of paying for your roof replacement isn’t always available, but you can ask your contractor if it’s possible for you to pay for the roof replacement in installments. Also, note that these installments are unlike loans where you can take years to pay. Usually, the roofing company will specify that you must pay a certain amount by the time the project is finished and the rest in a specific time frame. Much like loans, the payment will also attract interest.‏

‏This method of payment is ideal for businesses that run on limited cash flow. Your contractor will do a background check before they approve your project. It also helps if you have a stable relationship with the contractor, like if you’ve used their services before and have referred them to others. In such instances, they will be extending the service as a favor to you. ‏

‏Section 179‏

Thanks to the Tax Cuts and Jobs Act that was updated at the start of 2018, businesses are now eligible for a variety of property tax deductions. Because the government is interested in having companies revive their buildings, property owners might be able to write off most or all of the roofing costs when they file their taxes.‏ 

‏Hire a Reliable Roofing Company in St. Augustine, FL‏

When you invest in a new roof, you’re investing in the future of your business. That’s why it’s crucial to find the right roofing partner. If you need a commercial roof replacement or roof work for your business, we’ll be happy to help. We provide professional commercial roofing services to businesses in St. Augustine, Ponte Vedra, Jacksonville, Nocatee, and many other surrounding communities in Northeast FL. 

Contact us today to schedule a free inspection, or click here to apply for financing.