About Us
Banks move slow and cash flow does not 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 access short-term working capital, bridging funds, or a fast refinance with a clear exit plan.
Clients work with a local team that knows property secured lending and moves quickly without cutting corners, with indicative answers in about 24 working hours when documents are complete and right. We use real underwriting rather than a computer score, give clear terms up front, help you avoid missteps that slow approval or raise costs, and treat credit scores as one part of the picture.
You get fast funding sized to your business and equity, with pricing that’s risk based and higher than bank lending because these are short term and higher risk, property secured loans. We look beyond a credit score, we expect at least 20,000 in monthly turnover and a minimum trading history that rises with loan size from about six months for smaller loans up to about five years at the top end, total lending can reach about 90 percent loan to value ratio in strong cases, terms run three to twenty four months with most second mortgages at six to twelve months, interest can be capitalised, early repayment is allowed under the contract, and all fees are set out in the loan agreement.
Second mortgage business loans from us cover working capital gaps, urgent supplier or tax payments, stock buys, fit outs, equipment and vehicle purchases, and settlement or refinance bridges, and we accept both residential and commercial property as security while we don’t accept rural or lifestyle blocks. We look for minimum monthly turnover of 20,000 dollars, a trading history that matches the loan size from about six months up to five years, enough equity behind the first mortgage, and a clean exit plan because common mistakes like missing documents, weak equity, no repayment path, or expecting bank rates can lead to delays, added costs, pressure from your first mortgage lender, or a decline.
Talk with our team about second mortgage business loans in Dunedin today. Call us or send your numbers to start a quote and get a straight answer from a real person.
