There are Many Benefits of Using StrataLoans

 These include:

• The loans are unsecured and offered directly to owners corporations and bodies corporate
• By taking out a loan your community is reducing the immediate cost burden for works
• Funds can be accessed quickly once approved and projects can be carried out with minimal delay
• Cash flow is freed up, taking the burden off inadequate sinking funds and preventing the need for undesirable special levies
• Loans can be used in a myriad of ways, including improvements to your community, renovation works, paying insurance premiums, litigation costs and other capital requirements

• StrataLoans save time, expense and provide complete certainty of funding
• StrataLoans allows repairs and maintenance to be completed now, bringing strata owners the benefits of a better lifestyle sooner
• StrataLoans is a simple funding solution for strata owners, offering greater flexibility and peace of mind that capital values and building standards are being improved
• Instead of doing small jobs as money becomes available, by taking out a Strata Loan multiple repairs, maintenance or refurbishments can be bundled into one project, saving time and money whilst minimising disruption to owners

• Loan repayments are incorporated into quarterly levies/fees.
• There is no mortgage or personal guarantee required to secure the loan
• There are no fees for early repayment (except during a fixed rate period) so the loan can be paid out at any time

• You are maintaining and improving the value of your asset
• As an investor, rental and tenancy stability are enhanced
• The building is improved, increasing its resale and rental values

Click below for more on specific benefits to Owners and Strata Managers.

• For Owners

• For Strata Managers