Our Loans

Simplified Strata Funding

New and old developments can face serious issues requiring large-scale remediation. What’s your plan to fund the work required? Our straightforward and flexible funding is tailored to meet the needs of all strata communities, no matter how large or how small.

Strata Loan

Fast track your strata project. Don’t let collecting levies slow you down. Access the funds you need, then drawdown funds as required. Principal and interest repayments are charged only as funds are drawn and used, not on the entire amount approved.

LOAN PURPOSES

Building Remediation
Cladding Rectification
Repairs and Maintenance
Upgrades to Common Property

Insurance Funding

We’ve got you covered with simple and flexible funding for strata communities struggling with skyrocketing insurance premiums and insurance-driven works. Funding means you can pay your premium in full upfront and avoid any risk of cancellation for the year ahead.

LOAN PURPOSES

Insurance Premium Funding

Levy Support Loan

Helping Strata Corporations manage levies in arrears. Short-term and cost-effective funding supports the management of levies in arrears, during uncertain times.

LOAN PURPOSES

Levy Support

Government Programs

Lannock works with both the NSW and ACT Governments in delivery of their respective programs to remediate residential apartment buildings with flammable cladding.

LOAN PURPOSES

Cladding Rectification

Common Loan Purposes

Building Remediation

Remediation and restoration of significant issues, ensuring the building’s integrity and safety.

Cladding Rectification

Removal and replacement of combustible cladding, to improve fire safety and compliance.

Insurance Premium Funding

Ease the financial burden of rising annual lump sum insurance premiums while maintaining full coverage.

Levy Support

A Levy Support loan supports strata communities during uncertain times, offering a simple and flexible solution for managing levy arrears.

Repairs and Maintenance

Necessary upkeep and preservation of common property, ensuring its functionality and longevity.

Upgrades to Common Property

Improvements and enhancements to common property, to increase the asset’s value and appeal.

Get Started Today!

Requesting a Funding Proposal is simple and fast. Solve your funding challenges today with the experts by your side.

START NOW

STEP ONE

Get started online in 2 minutes

Click 'Get Started' to complete our Funding Proposal Form. You will need your Strata Corporation details, along with the requested facility amount and loan purpose.

STEP TWO

Get a tailored Funding Proposal in 24 hours

We'll send a Funding Proposal with indicative rates and repayments. Once tailored to your project, we'll provide a Facility Agreement and Motions to be tabled at the General Meeting for approval.

STEP THREE

Draw down funds as needed

After your credit assessment is complete (usually 1 or 2 days), we’ll notify you of loan approval. Simply draw down funds as required each Thursday, with instructions and documentation required the Thursday prior. Repayments are made by direct debit monthly, with statements issued quarterly.

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