Body corporate project finance

PROJECT FUNDING

FINANCE YOUR COMMUNITY SCHEME’S MAINTENANCE PROJECTS, URGENT REPAIRS, CAPITAL IMPROVEMENTS OR EVEN MUNICIPAL ARREARS
Project finance

Body corporate loans

Community schemes are often left in the unenviable position where they require urgent repairs, essential maintenance, municipal account to be paid or a special project to be completed, but don't necessarily have the funds in reserve at the time for this to happen. The community scheme is then forced to raise an urgent special levy to gain the funds necessary for the service or the project, thereby placing sudden financial pressure on unit owners. We recognise the unique financial hurdles that body corporates encounter, particularly when it comes to urgent repairs, maintenance, or capital improvement projects. That’s why we offer accessible and affordable funding options tailored specifically to the needs of community schemes and residents. Our funding solutions ease the financial strain by giving the body corporate immediate access to funds while allowing unit owners to pay off special levies over an agreed time period.

Sectional Title Solutions offers bespoke project funding packages that aim to provide community schemes and their unit owners tailor made financing solutions to ensure the complex can commence with their property maintenance, repairs, improvements and efficient energy-related projects when required without delay.

We can also assist flats, estates and town house complexes with finance for improvement projects like waterproofing, painting, upgrades to communal facilities etc. Find out how we empower communities.

WHY CHOOSE OUR PROJECT FUNDING SOLUTION?

Custom repayment plans for the funding period
Unit owners can select funding term based on own unique circumstances – no early repayment penalities
Interest is only charged on drawn down amounts
No capital raising fees or fees of any kind are charged
The only cost associated with this funding model is the applicable interest rate
Facility amounts can be extended on request – subject to credit committee approval

DON'T LET YOUR BUDGET THROW A SPANNER IN THE WORKS