Can a community of owners use the discount and issuance of promissory notes?
The answer is yes, although it is often not done as much as it should be, since it is a really interesting alternative financing formula for these organizations.
Frequently, with financing through promissory notes of communities of owners, many of them can undertake necessary projects without encountering treasury difficulties.
In fact, discount of promissory notes and the community of owners they are much more related than it seems.
Do you want to analyze it in detail?
Payments and procedures in the communities of owners
As you know, the communities of owners assume the tasks of maintenance, repair and maintenance of their facilities and services for the common benefit.
To this end, they constantly carry out a economic management that includes the collection of monthly installments and additional spillsAs well as payment of all kinds of expenses.
At the end of each exercise, the accounts must balance, something for which the discount and issuance of community promissory notes can be decisive.
In general, it is appropriate to have a reserve fund that should not be less than 5% of the previous budget. It will be used when it is necessary to face unexpected conservation, repair or other expenses.
Maintaining electrical installations, the aforementioned repair and care work for the property, gas costs, elevators... is a constant sum of expenses.
We must also add risk prevention, electricity costs, maintenance of the pool or the rest of the common areas.
Do you want to know what role the community promissory note discount in this economic reality?
The problem of delinquency
The current difficult economic situations have caused a increasing problems to pay for many neighbors.
When this situation becomes generalized, the community's treasury may be affected.
Unless, of course, alternative formulas are used, such as the issuance and the discount of promissory notes in communities of owners.
In most cases, delays are caused by extreme situations in the family economy.
The neighbors are not that they do not want to pay, but that they cannot at those specific moments. It happens, especially, when it comes to unforeseen spills.
A common practice in these situations is the issuance of promissory notes that make it possible to instrument the payment at a future maturity.
In this way, the collection period is extended and it facilitates payment to residents through more affordable spills, as well as coverage of treasury gaps that may be generated by the delay or delinquency of the residents of the community.
Discount of promissory notes from communities of owners, an interesting solution
Typically, some problems can be solved by using the discount of promissory notes of communities of owners.
It is a valuable practice to anticipate your collection and have the money on time.
When the discount of promissory notes of communities of owners to anticipate pending collections, the economic situation of the community stabilizes in terms of liquidity.
It is usual to do it with monthly payments and also with repairs and unforeseen expenses.
You also have to consider that when neighbors leave bills unpaid, negotiation is the recommended alternative.
Payment through promissory notes with a more convenient expiration date and resorting to the community promissory note discount is a good possibility.
Next, it requests the discount of promissory notes of communities of owners in the chosen financial institution and the necessary expenses can be met.
The Work Capital Option
When taking advantage of discount of promissory notes in the community of owners It is important to contact a trusted partner.
It is best to have one company specialized in alternative financing, such as WorkCapital.
These are its main attributes:
- 1. His professional career focuses on supporting small and medium-sized companies.
- 2. It offers a personalized service firmly committed to the needs of each client.
- 3. When it comes to negotiating the discount of promissory notes of communities of owners conditions are always more advantageous.
If you work with neighborhood communities, do not hesitate, contact WorkCapital and find out about the discount of promissory notes of communities of owners.
Make sure, when you need it, the possibility of anticipating pending collections thanks to WorkCapital.
Discount Online Promissory Notes
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