Association Improvement Loan Programs

Our loan programs are tailored to meet the needs of associations faced with large capital expenditures. We work closely with board members and property managers to ensure that an association can effectively undertake improvement projects, unit purchases, and real estate acquisition without jeopardizing their own reserve assets.

An approval process that is efficient and clear.

Our responsive turnaround on loan requests guarantees that the process remains simple and understandable. Once we receive your loan application package, we quickly and efficiently determine a payment structure that best meets the needs of the association. Upon bank approval for the loan, we draft a commitment letter for your organization, detailing the loan terms and conditions.

Upon your acceptance of our proposal, loan documentation is provided for the association’s review and approval. Association improvement loans, which include term loans and lines of credit are available to best meet your needs. We are happy to meet with board members at any time during the loan process to discuss and clarify the terms of the loan program.

Expert advice from trusted professionals.

We are sensitive to the financial concerns of community association members. Our team of industry experts offer competitive terms and loan rates including fixed or floating options, standard documentation that keeps attorney fees to a minimum, and sound professional advice on the integrity of potential common area projects. Best of all, we offer a level of personal service and advice that larger banks simply can’t provide. Our professionals have more than 50 years of experience and have processed hundreds of millions of dollars in loan transactions for community associations. We are the market leader providing association improvement loans.

For more information, call our Trusted Industry Experts at (847) 304-5940 or email service@communityadvantage.com.