Helping condo boards & strata councils, corporations, and property managers access fast, flexible financing solutions for major capital projects, reserve fund shortfalls, and special assessments.
Trusted by condo & strata corporations across Ontario, BC, Alberta, Manitoba, Saskatchewan, and more.
HOW IT WORKS
Most corporations receive an initial response within one business day. The process has three steps and no unnecessary back-and-forth.
Share your financing need – whether it’s a major capital project, reserve fund shortfall, or special assessment. Our team will respond within one business day with a clear path forward.
We design a financing structure tailored specifically to your corporation’s needs. Loan amounts, repayments terms, and unit owner impact are all considered before you commit to anything.
CLG will assist with presenting the tailored financing to unit owners, passing the required borrowing vote, and implementing the loan facility to fund direct project costs.
Roofs, windows, elevators, parking structures, building envelopes, amongst other capital projects – deferred maintenance to these systems can accelerate deterioration, increase liability, and ultimately cost the condo corporations significantly more from inflationary pressures. Our financing solutions fund the work upfront so your building stays safe, compliant, and protected against further damage while limiting any inflationary increases to the associated costs.
Our financing solutions are designed specifically for condominium corporations working through major repairs and replacements. From building envelope repairs and HVAC system installations to window replacements and roof repair financing, we structure loan terms that align with your reserve fund study recommendations and your board’s long-term financial plans — so repairs happen on schedule, not when your budget finally catches up.
Facing a costly and timely special assessment? We provide financing that spreads the cost over time — so your building gets the repairs it needs now without placing an immediate financial burden on unit owners.
Condominium Lending Group works directly with condo and strata corporations across Ontario, British Columbia, Alberta, Manitoba, Saskatchewan, and more, to structure special assessment financing that works for everyone in the community. Instead of issuing a large special assessment, your corporation borrows the funds and repays over a defined term — accommodating all owners while keeping your building’s financial health intact.
Reserve fund shortfalls are one of the most common financial challenges condo boards and strata councils face across Canada. Rising construction costs, aging building systems, and underfunded reserve fund studies have left thousands of condo corporations without the capital they need to maintain their buildings properly. Our financing bridges the gap between what your reserve fund holds and what your building actually needs.
Whether your reserve fund study has identified a significant shortfall or your board is facing an upcoming major capital project with insufficient funds, Condominium Lending Group provides flexible reserve fund financing solutions tailored to your corporation’s specific situation. We help condo boards across Canada access the capital they need without disrupting owner finances or triggering emergency special assessments.
Developer deficiencies can place significant and unexpected financial pressure on condominium corporations. When major building components fail earlier than anticipated due to design or construction issues, the cost of repairs fall on the corporation in the near term. Even if recovery from the developer is being pursued through litigation, this process can take years to resolve. This creates an immediate funding gap and forces boards to make difficult decisions around issuing special assessments or delaying critical work.
Our financing solutions provide a practical way to navigate these situations by giving corporations timely access to capital while maintaining flexibility. In cases where a recovery is successfully obtained through litigation, the recovery proceeds can be used to paydown the remaining amount of the loan. This avoids the challenges involved with special assessments, which cannot be returned directly to unit owners. Condominium Lending Group helps to ensure necessary work can proceed by bridging the timeline for potential recoveries without placing sudden financial strain on unit owners.
Condominium & strata corporations often face opportunities or obligations to acquire new assets – such as guest suites, mechanical systems, geothermal equipment, or shared facilities – or refinance existing obligations to improve terms and cash flow. These decisions require careful financial planning, and without the right structure in place, these costs can place pressure on operating budgets or lead to unexpected increases in condo fees.
Our financing solutions provide flexibility for both asset purchases and refinancings, allowing condo & strata corporations to spread costs over time and better align payments with their financial position. Condominium Lending Group works closely with boards and property managers to structure financing that supports long-term planning, improves cash flow stability, and minimizes disruption for unit owners.
WHY CHOOSE US
CLG has a deeper understanding of the way that condo & strata corporations operate. This is what sets us apart from other general commercial lenders, who may have restrictive requirements and covenants that are not suited to the nature of a condo & strata corporation. Decisions flow through boards, approvals require majority votes from owners, and funding timelines rarely match that of a general commercial lender’s standard process.
We work with condo boards and strata corporations across Canada – from Newfoundland and Labrador to British Columbia.
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.
Our financing can eliminate the need for timely and costly special levies or assessments - protecting unit owner equity.
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.
LATEST RESOURCES
Practical guides, industry insights, and financial education for the people who manage Canada’s condominium communities.
Lyndsey McNally of Condominium Lending Group joined GetQuorum for a...
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Tips for navigating inflation and economic uncertainty
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Tips for navigating inflation and economic uncertainty
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Talk to a condo financing specialist today. No commitment, just a straightforward conversation about your building’s needs and options.
