About Us
Banks move slow and cash flow doesn’t wait, so deals fall over and bills stack up. At Dunedin Second Mortgage Business Loans in Dunedin, we arrange second mortgage business loans that use your property equity to unlock short-term working capital, bridging funds, or a fast refinance with a clear exit plan.
Our team at Dunedin Second Mortgage Business Loans lives and works in Dunedin and understands local values, timelines, and the way deals get done. We have long experience with property equity lending for small businesses and can give an indicative approval within twenty four working hours once you send clear bank statements, recent financials, a rates notice, and basic property details.
Loan sizes run from 20,000 dollars to 500,000 dollars and the largest amounts call for a longer time in business, with second mortgage terms usually 6 to 12 months and full terms from 3 to 24 months, and pricing is risk based and higher than bank lending because these loans are short term and higher risk. We can consider up to about 90 percent total loan to value ratio in strong cases, we take residential or commercial property as security but not rural or lifestyle blocks, we offer interest only or principal and interest with weekly, fortnightly, or monthly repayments and we can capitalise interest when the deal supports it, and we set out all fees in the loan agreement and allow early repayment subject to the contract.
We fund $20,000 to $500,000 for 3 to 24 months, with most second mortgage loans running 6 to 12 months as short-term or transitional funding with risk based pricing that’s higher than bank lending. We assess real trading history and equity with a minimum monthly turnover of $20,000 and time in business that grows with the loan size from six months at the low end to five years at the top, and we support weekly, fortnightly, or monthly repayments.
Talk with Dunedin Second Mortgage Business Loans about second mortgage business loans in Dunedin today and get a clear path and timing for your funding. Call or send us your details for a quick call back and a written quote.
