project finance

project finance

Bodies Corporate and Home Owners Associations periodically undertake large, capital intensive projects like the painting of common property and elevator replacements. Insufficient reserves and the inability of owners to pay costly special levies often delay urgent maintenance.

The solution is to appoint propell. We provide project finance to Bodies Corporate and Home Owners Associations. Access to funding allows trustees to kick start overdue maintenance projects.

offering the following solution

Funding “special levies” raised for property maintenance and/or improvement projects
Flexible repayment terms that match the useful life of the project
Competitive fixed interest rates over the term of the loan
An “opt out” for owners with the financial means to pay the special levy upfront

calculator

Calculate your monthly instalment on a project loan. These amounts are only applicable to loans for Bodies Corporate.
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solutions for your scheme

levy guarantee

Ensuring your scheme’s financial stability, with monthly cash flow and efficient collection processes.
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arrears funding

Successfully turning your arrears debtors into cash.
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overdraft facility

Immediate access to funds allows trustees to quickly address a scheme’s pressing needs.
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project finance

Immediate access to funds required for maintenance and refurbishment projects.
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project finance

Immediate access to funds required for the installation of water and electricity meters.
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project finance

Immediate access to funds required for the settlement of overdue municipalities accounts and other creditors.
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