Specialty Markets Banc provides lines of credit and term loans to associations. Loans can be used for repairs, capital improvements, renovations and/or construction of an association’s common areas.
An association loan provides immediate access to the needed funds for a project without using reserves or requiring owners to use personal funds to pay a special assessment. Spreading the cost over time makes the most sense to homeowners and allows the association to complete needed projects sooner.
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Call us for a quick response to your community’s lending needs.