About Us
Banks move slow when you need money now, which can stall payroll, stock purchases, or a project already underway. We at Dunedin Second Mortgage Business Loans fund second mortgage business loans in Dunedin with short terms, quick decisions, and property-secured funding that covers short-term needs until a refinance, sale, or seasonal revenue arrives.
We are local and we have funded many small firms, so we speak plain language and we move fast while keeping the paperwork right. At Dunedin Second Mortgage Business Loans we look at trading history, monthly turnover of at least twenty thousand dollars, and equity, not only a credit score, and we match loan size to time in business from about six months for smaller loans up to five years for the largest, so the structure fits and you are not stuck.
You get funding from $20,000 to $500,000 for three to twenty four months, with most second mortgages running six to twelve months and extensions possible when the exit makes sense. Pricing is risk based and higher than bank lending, total lending can reach about a ninety percent loan to value ratio in strong cases, we accept residential or commercial property but not rural or lifestyle, we weigh credit scores but look at the whole picture, we set out application, valuation, legal, and other costs in the agreement, early repayment is usually allowed under the contract, you can choose interest only or principal and interest, payments can be weekly, fortnightly, or monthly, interest can be capitalised, and trading history needs range from six months for smaller loans up to five years for the largest amounts.
We fund from 20,000 to 500,000 for three to twenty four months, with most second mortgages running six to twelve months and extensions possible, and in strong cases total lending can reach about ninety percent loan to value ratio. We secure against residential or commercial property in towns and cities, we don’t accept rural properties or lifestyle blocks, eligibility starts from six months trading for smaller loans and up to five years for the largest amount, second mortgage borrowers should show at least 20,000 dollars in monthly turnover, we consider credit scores but never alone, we do not post fee amounts and set out application, valuation, legal and other costs in the loan agreement, and repayments can be interest only or principal and interest with weekly, fortnightly, or monthly schedules, and in some cases interest can be added to the balance.
Talk to our local team about second mortgage business loans Dunedin. Call or message Dunedin Second Mortgage Business Loans to get a quick quote and a clear path from approval to settlement.
Fast Approvals - $20k to $500k
