Finance

Body corporate loans are a helpful option for managing financial and cashflow needs in sectional title and home owners association (HOA) community schemes, for major maintenance repairs or improvements, unexpected expenses such as municipal account adjustments, and where levy arrears stress cash flow stability. Trafalgar Financial Services offers tailored loan solutions with flexible repayment terms, competitive interest rates, and expert guidance to support bodies corporate, HOAs, and share block companies. These loans enhance property maintenance, improve community facilities, and provide financial flexibility, ensuring timely repairs and increased property value. Trafalgar’s streamlined processing and personalized approach help communities navigate financial challenges effectively. Contact Trafalgar Financial Services to explore how our body corporate loan solutions can optimize your property management and financial stability.

Sectional title loans are very helpful for managing financial needs in sectional title schemes, covering major repairs, unexpected expenses, and property improvements when required. Trafalgar offers tailored loan solutions with flexible repayment terms, competitive interest rates, and expert guidance to support bodies corporate. These loans enhance property maintenance, improve communal facilities, and provide financial flexibility, ensuring timely repairs and increased property value. Our streamlined processing ensures quick access to funds, helping you address financial challenges effectively. Contact Trafalgar Financial Services to explore how our sectional title loan solutions can optimize your property management, cashflow and financial stability.

Typically speaking, bodies corporate, Home Owners Associations (HOA’s) and share block companies budget for, and accumulate, surpluses for large maintenance projects either in the ordinary budget or via special levy over term (which can be anywhere up to five years). Too often these monies are absorbed into the monthly operational costs of the body corporate / HOA or get diverted into alternate projects for which they were never (initially) intended. Further, the Act is quite restrictive in terms of where surplus monies can be invested (PMR41, PMR42 and PMR43) arguably heightening the opportunity cost of this method of fund accumulation (said legislation applicable to bodies corporate while the MOI of the HOA would govern same); sector inflation being unknown, and not reported on by STATS SA, also means that the project cost is, in essence, a moving target further complicating the process of raising monies for related maintenance or capital project(s).

Levy finance is exceptionally helpful for addressing cash flow issues faced by bodies corporate, homeowners' associations (HOAs), and share block companies due to unpaid levies and associated legal collections costs. Trafalgar’s Levy Solutions offers a solution by guaranteeing a fixed monthly cash flow and advancing up to 90% of arrears at inception. This covers and ensures cashflow stability and continuity, timely maintenance, legal fee payments, and provides intensive levy arrears debt collection. Benefits of levy finance include improved property value, consistent maintenance, improved presentation of the common property, higher rental income, and enhanced marketability of the properties. By stabilizing finances and managing maintenance effectively, Levy Solutions helps prevent the deterioration of properties, reduces financial stress, and supports overall community well-being. Contact Trafalgar Financial Services to secure your financial stability with our levy finance solutions.

Access to body corporate finance is helpful when a need such as a large maintenance project, solar installation, unexpected municipal arrears or cash flow issues related to levy arrears and legal collections fees arise. Trafalgar Financial Services offers tailored sectional title finance solutions, including levy finance, which guarantees a fixed monthly cash flow and advances up to 90% of arrears, along with covering legal fees. Our services include expert financial planning, cash flow management, arrears recovery, and compliance support. By implementing effective body corporate finance strategies, we help stabilize cash flow, improve property value, maintenance effectiveness, enhance community well-being, and reduce financial distress. Contact Trafalgar Financial Services to optimize your property management and ensure financial stability.

Sectional Title Finance is crucial for managing the complex financial responsibilities of sectional title community schemes, which include maintenance and repairs. It ensures steady cash flow and enhances property value through effective financial management. This finance provides short and medium-term loan options for funding various needs while managing levies and budgeting. Trafalgar specializes in Sectional Title Finance, offering tailored solutions like guaranteed levy income and flexible financing options to tackle specific challenges faced by bodies corporate. Their expertise helps navigate financial complexities, ensuring timely fund access, compliance, and improved community facilities, ultimately fostering financial stability and sustainability.

Insurance excesses and policy limits are both well-established norms in the insurance industry; excesses specifically, are often the first things adjusted (upwards) by insurers to address increasing loss ratios and, given owners are typically liable for excesses [PMR 29(4)], do you have the means to settle both the excess and potential shortfall unannounced and without warning?

Trafalgar Financial Service’s TRAFEX Policy, being the only one of its kind in the industry, offers peace of mind and will settle all excess(s) * and shortfall(s) * arising from related insurance claims whenever and whatever the circumstances.