HOA Management Lending Solutions

Purpose: Finance major repairs, improvements, or community upgrades.

Use Cases: Roof replacement, concrete restoration, building painting, safety compliance upgrades, and much more.

Features:

• Fixed-rate or variable-rate HOA loan options
• Interest-only payments during construction phase
• Terms structured around your repayment capabilities
• No personal guarantees required

Ideal for communities planning large-scale projects without relying on special assessments.

Purpose: Provide financing to address construction defects when reserves, insurance, or settlement proceeds are insufficient or delayed.

Use Cases: Remediation of defective construction, legal and engineering costs during litigation, destructive testing, and repair work, including funding gaps between settlement proceeds and total project costs.

Features:

• Financing aligned with construction defect litigation timelines
• Funding for legal, testing, and repair-related expenses
• Credit structured to bridge settlement and insurance timing gaps
• Flexible repayment based on project scope and cash flow
• No personal guarantees required

Ideal for associations managing active construction defect claims and time-sensitive repair needs.

Purpose: Provide financing for building and safety upgrades required by law when immediate compliance is necessary.

Use Cases: Seismic retrofits, façade and balcony repairs, hurricane-related improvements, and other mandated structural or safety upgrades.

Features:

• Financing structured around compliance timelines
• Support for large-scale safety and structural projects
• Loan terms aligned with association budgets
• No personal guarantees required
• Experienced underwriting familiar with regulatory requirement

Designed for associations required to complete mandated upgrades while preserving financial stability.

Purpose: Purchase or replace essential community equipment and infrastructure.

Use Cases: Security systems, pool or gym equipment, maintenance tools, solar panels.

Features:

• Flexible terms with competitive HOA loan rates
• Fast approval process with minimal documentation
• Financing costs matched to asset lifespan
• No disruption to reserves or operations

Ideal for associations upgrading common areas or community-wide systems.

Purpose: Help manage recurring and unplanned expenses while maintaining oversight, accountability, and cash flow discipline.

Use Cases: Maintenance and repair expenses, emergency purchases, vendor payments, travel and training costs, inspections, and project-related incidentals managed across multiple properties or communities.

Features:

• Sunwest Bank’s Visionary Corporate Card designed for association and management company use
• Customizable spending limits by employee, role, or property
• Centralized expense tracking and reporting to support board oversight and audit requirements
• Fraud protection and purchase controls to reduce misuse and unauthorized spending
• Extended payment float to help manage short-term cash flow timing without drawing on reserves

Ideal for HOA management companies and community associations that need flexible spending tools with strong controls, clear reporting, and alignment with governance and financial policies.

* For full terms and conditions of the Visionary Corporate Card, please refer to the cardholder agreement.*