Expert Support for Strata Committees
At Lannock Strata Finance, we recognise the essential and challenging role of strata committees. Managing operations, finances, and projects (usually as volunteers), these committees ensure legislative compliance while fostering a harmonious community and working to enhance property values for owners. Our products and services are crafted to support Strata Corporations at every stage, empowering them to make informed funding decisions.
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How we work with and support Strata Corporations and owners
Experts by your side
A dedicated contact and loan manager for the life of the loan
Meeting support and information sessions
Streamlined loan processes and regulatory compliance
Knowledge-sharing for informed funding decisions
Flexible-use funding tailored to your specific needs
Experts by your side nationally
We've built the largest and most experienced Business Development team of any strata lender. Our strata funding experts are ready to assist strata committees and Strata Corporations nationwide. They deliver the highest quality service, personalised guidance and flexible-use funding tailored to your unique needs.
Meeting support and information sessions
Our expert teams attend thousands of strata meetings annually. We support you and your Strata Corporation with the following:
Dedicated loan manager: Each Strata Corporation is assigned a dedicated point of contact who also serves as the loan manager from initial enquiry to final repayment
Meeting attendance: We attend general meetings to present our flexible funding solutions and support the strata committee. We provide additional information and answer questions directly, helping your Strata Corporation make informed funding decisions
Information sessions: We conduct non-obligation information sessions for Strata Corporations. This ensures consistent and accurate information and can help align committee members before general meetings or ballots
Streamlined loan processes and regulatory compliance
As the leading strata lender in Australia, we have a deep understanding of the unique challenges Strata Corporations face today. Our streamlined processes minimise administrative burdens, compliance risk and costs:
Streamlined loan implementation and access to funds: Our processes, refined over two decades, make implementing and drawing down on a Lannock loan simple and straightforward
Approval and document execution: We provide tailored facility agreements, motions for meeting agendas and clear instructions on executing facility agreements
Regulatory compliance: Our products, processes, and documentation are crafted with extensive knowledge of state-based strata regulations
Client Services Team: Our experienced team is on standby to assist you throughout the process
Experienced finance and credit team: Our deep understanding of the complexities of strata and strata projects allows us to facilitate a simple and clear Credit Assessment process
Knowledge sharing and insights
We enhance your service with valuable insights and knowledge-sharing:
Corporate finance insights: We share insights on the economic principles of corporate finance and the benefits of applying them to strata funding
After-tax cost of funds: We help you identify and implement the lowest after-tax cost of funds for Strata Corporations
Professional network: We can connect you with professionals in our network as needed to assist your Strata Corporations
Experience the Lannock difference by speaking with your local Lannock expert to provide your clients with exceptional service and flexible-use funding tailored to their specific needs.
Contact us today to learn more about how we can support your strata committee and Strata Corporation in delivering simple and straightforward strata funding for the Strata Corporations you represent.
Get Started Today!
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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.
Straightforward and flexible funding for strata communities
Select your funding requirements below for a snapshot of our strata finance solutions. Our expert team are ready to help tailor a solution that best meets the unique needs of your Strata Corporation.
Explore More Loan Purposes
Building Remediation
Remediation and restoration of significant issues, ensuring the building’s integrity and safety.
Read moreCladding Rectification
Removal and replacement of combustible cladding, to improve fire safety and compliance.
Read moreInsurance Premium Funding
Ease the financial burden of rising annual lump sum insurance premiums while maintaining full coverage.
Read moreLevy Support
A Levy Support loan supports strata communities during uncertain times, offering a simple and flexible solution for managing levy arrears.
Read moreRepairs and Maintenance
Necessary upkeep and preservation of common property, ensuring its functionality and longevity.
Read moreUpgrades to Common Property
Improvements and enhancements to common property, to increase the asset’s value and appeal.
Read moreExplore our Loans
Our straightforward and flexible funding is designed exclusively to meet the needs of all strata communities, no matter how large or how small.