Required Documents Checklist
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Required documentation for Credit Assessment
Once we tailor a Funding Proposal to your needs, we will provide a Facility Agreement and motions for your next general meeting. We are happy to attend the meeting or owners' information session to support your Strata Corporation by providing detailed information and answering any questions.
To ensure a smooth and efficient approval process, please email all the required documents to us at clientservices@lannock.com.au. Our expert team is here to help with any questions at 1300 851 585. Our credit assessment is completed on the Strata Corporation, not individuals, so no personal financial information is needed. Once we have all the necessary documents, our credit assessment process is the fastest in strata lending, typically taking 1-2 days. We will notify you of the approval outcome.
Copy of the Minutes showing the resolution to borrow was passed once meeting has occurred
A current s184 certificate on any one of the lots OR; the Strata Agency Agreement
Current Building Insurance Certificate of Currency
A copy of the Certificate of Title/Registration/Plan of Subdivision/Strata Plan
A copy of a bank account statement (showing BSB, account name & account number)
Financial statements for the past two years to date
Budget for the current year
A current levies aged balance report (30, 60, 90 days)
Details of arrears recovery process
A list of owners (in .xls or .csv format if possible)
Committee Members details (full name, address, position, and email)
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Our straightforward and flexible funding is designed exclusively to meet the needs of all strata communities, no matter how large or how small.
