Government Programs

Explore interest free and concessional loans offered by state and territory govenments where Lannock Strata Finance has been appointed as loan service provider.

Project Remediate Interest Free Loan (NSW)

The 10-year, interest free unsecured loan pays for the remediation work and other services needed for your remediation under Project Remediate.

LOAN PURPOSES

Cladding Rectification

ACT Government Private Buildings Cladding Scheme

The ACT Government is offering a concessional loan to support owners corporations with the costs of remediating the cladding. ‍ The concessional loan gives owners corporations of eligible buildings access to a low interest loan to remediate combustible cladding – this loan can be up to $15 million per owners corporation.

LOAN PURPOSES

Cladding Rectification

Get Started Today!

GET STARTED

REQUEST A CALL

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.

Explore our Other Loans

Our straightforward and flexible funding solutions are 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

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

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