About Us
Bank timelines can blow up your plans and your cash flow takes the hit. We fund second mortgage business loans in Dunedin for working capital, bridging a refinance, stock buys, payroll, or finishing jobs, and we do it fast.
We are local and we’ve 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 aren’t stuck.
You get practical structures such as loan sizes from twenty thousand to five hundred thousand, terms from three to twenty four months with most second mortgages running six to twelve months, and repayment choices that can be interest only or principal and interest with weekly, fortnightly, or monthly schedules, with interest capitalised in some cases. We look at real turnover of at least twenty thousand per month, your trading history which ranges from about six months for small loans up to five years for the largest amounts, and your equity position rather than leaning on credit score alone, and in strong cases total lending can reach about ninety percent loan to value ratio.
We fund bridging to refinance or sale, stock and payroll, tax arrears, deposits for new sites, and project gaps, and we handle valuations, legal work, and first mortgagee consent, and pricing is risk based and higher than bank lending with fees for application, valuation, legal, and other costs detailed in the loan agreement and early repayment usually allowed under the contract. The common mistakes are weak exit plans, incomplete documents, over optimistic time frames, or offering rural or lifestyle property which we don’t accept, and getting these wrong can cause delays, added costs, default risk, or pressure from your first mortgagee.
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
