Flexible and manageable
- Ideal for major repairs or maintenance of common strata property
- Excellent alternative to owner levies or lump-sum assessments
- Enable strata owners to fund repairs over time
It's made even more so when faced with major repairs or maintenance. Financing these expenses through owner assessments can be a significant hardship for residents, particularly when it's a large expenditure or when multiple projects are involved.
Financing with a unique strata loan is an excellent alternative to owner levies and offers a number of attractive benefits both to the Strata Corporation and the owners. It's ideal for any major repair or maintenance expense related to common property of the strata, such as:
A strata loan provides funds directly to the strata corporation, not the individual owners. This allows the corporation to provide owners with the option to pay large repair or maintenance bills over time in convenient and manageable installments.
Our team of experienced professionals are here to answer any questions you may have.