“ Infrastructure improvements can reduce costs, strengthen the property, and improve the owner experience.”
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carries no prepayment penalty. If owners want to pay off their balances before maturity, they can do so without penalty.
Three Loan Products to Know Not every financing need calls for the same structure. Associations should understand these three primary loan types:
Traditional term loan: All funds disbursed upfront; best for straightforward capital projects
Non-revolving line of credit + term loan: Ideal for construction or damagerelated projects, because interest accrues only as funds are drawn, rather than from day one of closing
Revolving line of credit: Designed for emergency reserves, though few banks offer this product for associations
What Timeshare Association Lenders Want to See
A prepared, strategic borrower is always better positioned than one scrambling after an emergency. Lenders look for healthy cash flow, delinquencies under 10 %, well-funded reserves, strong governance and transparent financial planning. For timeshares facing weather events or unexpected damage- costs typically not
“ Infrastructure improvements can reduce costs, strengthen the property, and improve the owner experience.”
covered by insurance- a pre-existing lender relationship allows you to move quickly without tapping reserves.
Working with a bank that understands timeshare-specific funding means you’ re not starting from scratch when urgency strikes. The right financial partner helps you not just borrow wisely, but plan, consolidate, and build long-term fiscal resilience.
If you found this article of interest, be on the lookout for the next article in our series about financial planning for timeshare organizations. Contact Matthew Engblom, Vice President of Timeshare HOA Banking at westernalliancebank. com to learn more about timeshare association lending and
Jul / Aug, 2026 | TimeSharing Today
deposit solutions, or to request personalized insights for your organization.
About Association Banking
Association Banking, a national banking group within Western Alliance Bank, Member FDIC, delivers a tailored suite of deposit, financing and technology solutions designed for community management companies and homeowner associations nationwide. The group’ s relationship managers provide a broad spectrum of innovative and customized solutions to help community management companies and community associations succeed, all with a high level of expertise and responsiveness.
The Association Banking group is part of Western Alliance Bancorporation, which has $ 90 billion in assets and has ranked as a top U. S. bank by American Banker and Bank Director since 2016. With significant national capabilities, the Association Banking group delivers the reach, resources and deep industry knowledge to help businesses capitalize on their opportunities to solve today and succeed tomorrow. For more information, visit westernalliancebank. com.
www. timesharingtoday. com to start or renew memberships.