CondoCorp Term Financing™
Morrison Financial provides a unique financing product to condominium corporations who are faced with unexpected extraordinary expenses in relation to the repair or maintenance of their common elements. Such expenses can substantially deplete reserve funds, and could impose unwelcome lump-sum special assessments. Alternatively, necessary repairs and maintenance may be postponed, ultimately resulting in higher costs. This is a growing problem as condominium properties age.
Since 1994, our CondoCorp Term Financing™ division has offered condominium corporations a solution for exactly these circumstances. CondoCorp Term Financing™ allows condominium corporations to pay large repair or maintenance bills over time, in convenient and manageable monthly installments.
For more information, please refer to our FAQs section or contact a Morrison Financial representative to discuss our flexible term financing.
To read what experts have to say about CondoCorp Term Financing, please see our Testimonials section.
