About Us
Bank delays can choke cashflow and kill a deal you should win. We fund second mortgage business loans in Dunedin backed by property equity, from 20,000 dollars to 500,000 dollars, with fast decisions and short term structures for bridging, working capital, and project needs.
Our team has deep experience structuring short term property secured funding that sits behind your first mortgage. We expect at least $20,000 in monthly turnover and a trading history that grows with the loan size, we know the Dunedin market, we look at your equity, trading strength, and exit plan not just a score, and we can give an indicative decision within 24 working hours when documents are complete.
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 offer second mortgage business loans from twenty thousand dollars to five hundred thousand dollars for three to twenty four months, with most terms landing between six and twelve months, interest only or principal and interest, with weekly, fortnightly, or monthly payments and the option to capitalise interest in some cases. Eligibility ties to trade history and scale with a minimum of six months for smaller loans up to five years for the largest, a minimum monthly turnover of twenty thousand dollars, credit scores considered but never the only factor, sufficient equity, both residential and commercial property accepted, and no rural or lifestyle blocks, and the common mistakes are weak exit plans, incomplete documents, overestimating property value, trying to use ineligible property, or not telling the first mortgage holder which can cause delays, higher costs, covenant breaches, or failed settlements.
Talk with Dunedin Second Mortgage Business Loans today about second mortgage business loans Dunedin and get a clear plan, a firm timeline, and a practical exit strategy. Call or send a message to start the job or get a quote, and we’ll tell you exactly what documents we need to get you an indicative answer fast.
