Major condominium repairs or maintenance can create significant financial burden for residents, particularly when it's a large expenditure or when multiple projects are involved. We can provide financing for the following:
  • Roofing
  • Car-park upgrades
  • Window upgrades
  • Balcony upgrades
  • Fire or plumbing retrofit
  • Elevators
  • Security systems
  • Lighting retrofit
  • Heating and air conditioning
  • Painting/stucco renewal
Financing repairs is an excellent alternative to owner levies and offers a number of attractive benefits both to the Strata Corporation and the owners.
  • There is no delay to work scheduling.
  • Large expenses/costs can be spread over years.
  • Lessens impact on condo owners' personal savings or level of debt.
  • Easier to sell your condo, new owner can take over the monthly payments similar to strata fees.
  • Allows the cost of major repairs to be passed through to future owners who benefit from the work as well.
  • No personal credit application or enquiry needed.
  • No personal guarantee required.