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Advantages for the Common Interest Community Association & Members
Convenience. You can go to our website and pay your association assessments on-line via direct
debit or by credit card. Especially useful when you realize two days before the grace period ends
that you forgot to mail your payment! You can also set up for automatic monthly withdrawal of
association fees from your bank account.
Timeliness. Payments are deposited the day they are received. Especially important as
the "past due" date approaches. Eliminates the possibility that late fees are assessed while a
payment sits on someone's desk. Accelerates cash flow and reduces float, resulting in increased
interest to the association.
Lockbox processing + electronic payment of assessments = fewer delinquencies => lower re-billing
costs, fewer disgruntled homeowners.
We can finance capital improvements or major repairs, allowing those projects to be done in a more
timely and cost effective manner.
Indirect Advantages. If your association has a professional management company, they receive
a number of direct benefits of our service that indirectly serve the association as well. Accounting
costs are lowered and more time is available to address homeowner and board inquiries.
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