Are you a part of a strata owner’s corporation or body corporate?
Do you struggle to find cash to pay for major works and renovations or you decide it’s best to hold off until you “really need to get it done”?
You could wait until the sinking fund accumulated enough money to carry out the work but this could take years, and in the meantime costs will rise and the building may deteriorate beyond repair.
StrataLoans gives you the opportunity to pay for work that needs to be completed without accessing the sinking fund, immediately and stress free for all those involved. The loan is then repaid via unit holders contribution.
Other benefits of StrataLoans include:
- Loans are unsecured
- Reduces immediate cost of burden on unit holders
- No demand on cash reserves
- Loan repayments are incorporated into quarterly levies/fees
- Maintains/increases the value of the owner’s assets
Stop hesitating about major renovations to your strata property and continually putting it off. Contact a Ledge Finance Executive today on 6318 2777 or email@example.com and we will be happy to answer all your questions.
For more information visit the strata loans website here.