"Macquarie Bank has specialised in providing financial services to strata managers and their clients for over 30 years."
Loan repayments can be incorporated into your quarterly strata levies, reducing your need to rely on raising special levies.
Bundle financing for multiple repairs into one project to minimise disruption to owners and tenants.
No personal guarantees or mortgages are required to secure the loan by individual lot owners.1
Funds are available faster than traditional strata funding options, so works can begin sooner.
|Establishment fee partly paid as a commitment fee||$500|
|Additional draw down fee
If the loan is not initially drawn down in full
|$100 per additional draw down|
Any additional fees will be detailed in the loan contract.
Speak to the bank that takes your business further.
When you request a call, we’ll ask you a few quick questions so we can match you with the right industry specialist. They’ll get to know more about your business before taking you through a range of solutions.
If you're a strata committee member, please contact your strata manager who can enquire about our Strata Improvement Loans on your behalf.
A Strata Improvement Loan can have up to 12 months of interest only repayments, subject to credit approval. Loan repayments, post the interest only period, will be structured so that the loan balance is fully repaid by the end of the agreed term.
If you’re a strata committee member, your strata manager will need to apply for the loan on behalf of your Strata Plan.
The information on this page has been prepared by Macquarie Business Banking, a division of Macquarie Bank Limited AFSL & Australian Credit Licence 237502 ("Macquarie") for general information purposes only, without taking into account your personal objectives, financial situation or needs. Before acting on this general information, you must consider its appropriateness having regard to your own objectives, financial situation and needs. The information provided is not intended to replace or serve as a substitute for any accounting, tax or other professional advice, consultation or service.
Contact your relationship team or call 1800 442 370 to obtain a copy of our lending terms and conditions.
Subject to credit approval.