Lending Solutions
Community association loans
At Popular Association Banking (PAB), our dedicated team of experts will work with you to customize loan options1 that meet your association’s specific needs.
We offer loans for repair projects, contingency loans for emergency funds, and insurance premium financing. Our loan specialists are accustomed to handling complex transactions and flexible financing options to find the best solutions such as fixed-rate term loans, and lines of credit that convert to term loans. Long-term fixed rate financing is also available to help your association run smoothly, so you can focus on making your community a great place to live.
Repair loans
- Balcony Repairs
- Concrete Restoration
- Re-Roofing and Siding Replacement
- Parking Area Resurfacing
- Elevator Renovation and Upgrades
- Electrical Systems, Plumbing Repairs and HVAC
- Painting and Waterproofing
- Seawall Restoration
- Pool, Patio and Irrigation System
- Termite Damage Repair
- Security System and Gates
- Clubhouse Purchase and Renovations
- Life Safety Systems
Contingency lines of credit
We offer Contingency Lines of Credit to afford you the peace of mind of having a financial plan in place, so your association is prepared in the event of weather-related disasters, or when emergency repairs are needed.
Insurance premium financing
Our Insurance Premium Financing program offers up to 100% financing, with up to an 11-month repayment schedule. Avoid the worries when the cost of insurance for community associations continues to rise; we’ve got you covered.
Apply online in 3 easy steps.
Complete application online
Create a profile and enter in all your association and loan details.
Gather and upload documents
Gather and upload the required documents needed based on the loan type you selected.
Submit your application
Then, use our easy dashboard to keep track of your application status.
Additional products and services
Deposit products
We have deposit accounts specifically geared towards community associations. Get the most for your money.
ICS® and CDARS®
Protect your business with access to multi-million-dollar FDIC deposit insurance at participating network banks.
Lockbox services
Our automated lockbox service raises the standards and puts every aspect of the lockbox process in your control.
Online banking
Our online banking service offers robust information reporting and payments modules.
1 All loans are subject to credit approval. Rates, program terms, and conditions vary.