Helping condo boards, strata corporations, and property managers access fast, flexible financing for capital repairs, reserve fund shortfalls, and special assessments.
Trusted by condo corporations and strata councils across Ontario, BC, and Alberta
HOW IT WORKS
Most corporations receive an initial response within one business day. The process has three steps and no unnecessary back-and-forth.
Tell us about your building
Share your financing need: a reserve fund shortfall, a special assessment, or a capital repair project. Our team responds within one business day.
We structure your solution
We set the loan amount, repayment term, and monthly impact per unit before you commit. Every number is confirmed before the application moves forward.
Your project gets funded
Once approved, funds are advanced directly to your corporation. The work proceeds without a special levy or immediate financial impact on owners.
A large special levy creates immediate financial strain for unit owners, particularly when the assessment is unexpected and the payment window is short. Condominium Lending Group provides financing that spreads the cost over time so the building gets the repairs it needs now without an immediate lump-sum demand on owners.
We work directly with condo boards and strata corporations across Ontario and BC to structure special assessment financing around the corporation’s specific situation. Instead of issuing a large special levy, the corporation borrows the funds and repays over a defined term through a modest monthly increase in common expenses.
Reserve fund shortfalls are one of the most common financial challenges condo boards face across Canada. Rising construction costs, buildings constructed before 1990 now facing multiple concurrent replacements, and reserve fund studies that no longer reflect current contractor pricing have left many corporations without the capital they need. We lend to the corporation now so the repair schedule holds.
Whether the reserve fund study has identified a shortfall or the board is facing an upcoming capital project with insufficient funds, Condominium Lending Group structures financing around your corporation’s repayment capacity. The corporation addresses the gap without emergency levies or deferred repairs.
Roofs, windows, elevators, parking structures, building envelopes: major capital repairs cannot wait. Deferred repairs cost more over time and increase board liability. We fund the full project cost upfront so the work happens when it needs to, not when the reserve fund eventually catches up.
Our capital repair financing is structured specifically for condo corporations managing large-scale building system replacements. Whether it is a building envelope repair, an HVAC replacement, window replacements, or roof repair financing, we set loan terms that align with the reserve fund study timeline and the board’s long-term financial plan.
Large construction projects require a financing structure that matches how the work actually gets done. Approvals involve board votes. Payments flow to multiple contractors. Disbursements need to align with project milestones. Standard term loans advance the full amount at once. That structure does not fit a multi-month construction project.
Condominium Lending Group provides construction financing with draw schedules tied to your contractor payment timeline and corporation cash flow. Whether your project is a phased HVAC replacement across multiple units or a full building systems overhaul, funds advance as work is completed and certified so the project moves without financing delays.
Mixed-use condo corporations sit in a gap between standard commercial lenders and residential lenders. Commercial lenders evaluate income-producing properties on revenue and cap rates. Residential lenders focus on individual unit owners. Neither model applies to a condo corporation with shared ownership, complex title arrangements, and the need to satisfy both commercial and residential obligations simultaneously.
Condominium Lending Group structures financing around the corporation’s fee collection capacity and governance obligations rather than a standard commercial income model. Whether you need financing for a retail podium within a condominium building, a mixed-use development, or an established commercial property within a condo structure, we work with lenders across Canada to find a structure that fits how your corporation actually operates.
For vendors and contractors working with condo corporations, upfront project costs can be a barrier to winning large contracts, particularly where the capital investment is significant before any payment is received. Through Care Lending Group, we offer business financing and customer financing programs that remove that barrier.
With a vendor financing program in place, your clients get flexible monthly payment options and you get paid upfront. Whether you are a roofing contractor, a mechanical systems installer, or a building envelope specialist working across Ontario, BC, or Alberta, contact our team to discuss what financing structure fits your business.
WHY CHOOSE US
Standard banks evaluate borrowers on income, credit history, and collateral. Condo corporations don’t fit that model. Decisions go through boards. Approvals require owner votes. Timelines don’t match a bank’s standard process. Condominium Lending Group was built for this.
We work with condo boards and strata corporations across Canada, from Ontario to BC, providing specialized financing guidance that general lenders simply can’t offer.
We work exclusively with condo and strata corporations. Our evaluation process, documentation requirements, and approval timelines are built around how these corporations are governed, not adapted from a residential or commercial template.
We serve corporations in Ontario, British Columbia, and Alberta. Reserve fund contribution rules, borrowing bylaw requirements, and owner approval thresholds differ between provinces. Our team works within the specific legislative framework that applies to your corporation.
The loan is made to the corporation. Owners do not receive a special levy or a lump-sum payment demand. Their obligation is limited to a monthly common expense increase for the duration of the loan term.
We know what boards need at each stage: what documentation to bring to an owner meeting, how to present the repayment impact per unit, and what the bylaws require before a borrowing resolution can be passed.
WHO WE WORK WITH
We work with condo boards, strata councils, and property management companies in Ontario, British Columbia, and Alberta.
Financing Arranged
Condo Corporations Served
Provinces & Territories Served
Average Response Time
LATEST RESOURCES
Practical guides, industry insights, and financial education for the people who manage Canada’s condominium communities.
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Talk to a condo financing specialist today. No commitment, just a straightforward conversation about your building’s needs and options.
