Bridge loan, a fast solution for syndicates facing a liquidity need
of short-term liquidity.
In condominiums, cash flow can be a major issue. Unpaid or late payment of common charges by some co-owners, underestimation of operating expenses or their annual increase, poor anticipation of working capital requirements, urgent works or unanticipated expenses are all factors that can put a strain on your cash flow in the short term.
Of course, the syndicate always has the option of increasing the common charges levied on co-owners or making a special assessment, but in the short term, a co-ownership may find it difficult to meet its obligations.
The consequences of these cash-flow problems are manifold (late payments to suppliers, stoppage of services, inability to carry out urgent work) and can damage the syndicate’s reputation, its relationship with key partners, lead to tensions between the syndicate and co-owners, or compromise the good health of the buildings.
We can help you put together a financing plan tailored to your union’s needs.
Capital RPK can quickly free up the cash you need to meet your short-term obligations. Whether you need funds for a few weeks or a few months, our bridging loans are granted quickly, in just a few days.
After receiving the required documents (financial statements, declaration of co-ownership, proof of insurance), Capital RPK can grant and make available the funds in record time and without complexity.
Our structure allows us to be nimble and tailor each loan to the specific situation of your syndicate.
Quickly
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Step 1: Assessing your needs
Based on the amount required, expected income and your specific situation, we'll determine the financing term and repayment schedule. -
Step 2: Review and approval of your application
Once we have received the documents that make up your financing file, we confirm your acceptance and the terms of your financing. -
Step 3: Disbursement of funds
Funds are made available within a few days, to meet the union's emergency needs.
Of all sizes
Across Quebec
