The Borrowing Blueprint—The Easiest Way for an Association to Borrow and Repay Funds
Unexpected expenses arise; deferred maintenance occurs; life happens. When life happens to an association it usually happens on a large scale. This can leave an association scrambling for funds. While there are several funding options such as increases in annual assessments, one-time special assessments, use of reserves funds, or a bank loan, not all optionsGo to Resource