Association Protection Line of Credit (APLOC)

Community Advantage® is pleased to offer its well-qualified customers the Association Protection Line of Credit.  If you are faced with non-budgeted operating expenses or expenses that exceed budgeted amounts, consider the Association Protection Line of Credit. It is specially designed to handle fluctuations in expenses that may occur from month to month.

As a community association manager or board member, you know the importance of being prepared, especially for those recurring and unexpected expenses.

USE YOUR ASSOCIATION PROTECTION LINE OF CREDIT FOR:
• Utility bills
• Snow plowing
• Insurance
• Natural disasters
• Life safety repairs
• Bill consolidation
• And much, much more!

Features

• Unsecured lines up to $50,000
• Repayment terms up to 12 months (renewable annually)
• Predictable, affordable monthly payments
• Savings on fees and closing costs associated with traditional loans
• Additional advances at any time (up to your available credit line)
• Economical application package – no attorney opinion letter needed
• Streamlined documentation
• Quick approvals
• Low annual fee
 
The time to establish a line of credit is when you least need it, so act now to secure quick access to short-term financing.

If you have any questions or would like more information on any of these services, contact one of our Trusted Industry Experts at (847) 304-5940 or email service@communityadvantage.com.