Strategic Association Funding
When association collections go south- you’re a manager in crisis because your association members are increasingly in crisis. People aren’t paying their dues and you’re caught in the middle. Bad deal. Collections are tough negotiations. What may seem like deadbeat homeowners are just folks who have been swept into the housing crisis because of circumstances bigger than all of us, but you as a condo association manager still have fiscal obligations to your association their creditors. Are you trying in vain to collect from homeowners in crisis? Are you seeing reduced solvency in your association responsibilities? If you’re running a condo association, you’re well aware that dues are just that and more- overdue! As the housing crisis fallout continues unabated, many homeowners fall behind on association dues and your last resource seems to be legal action, placing you at the end of a long line of “more important” creditors. Not to worry, because Association Capital provides association funding. Money in advance of collections. How great is that? You can bring your balances up to par quickly while Association Capital does the legwork to collect the overages.
From their Website: See why we should be your capital resource, in good times, and bad. We provide you with innovative resources for association funding and collections.
