About Us
Cash gets tight and the bank moves slow, which can put payroll, supplier bills, and custom-made deals at risk. We solve this with second mortgage business loans in Dunedin that unlock short term funding against residential or commercial property equity for working capital, tax catch ups, inventory, or bridging between settlements.
Our local team has funded many short term, property secured deals across Dunedin and we know how to read both equity and trading strength. We look at the whole story, not just a score, and we can give an indicative decision within 24 working hours with clear terms and realistic timelines.
Loan sizes run from 20,000 to 500,000 with terms from 3 to 24 months, second mortgage loans most often sit at 6 to 12 months with extension options, and we do not take rural properties or lifestyle blocks. We accept residential or commercial property as security, total lending can reach about 90 percent loan to value ratio in strong cases, repayments can be interest only or principal and interest on a weekly, fortnightly, or monthly cycle, interest can be capitalised, pricing is risk based and higher than bank rates, valuation and legal steps are part of every file, fees and costs are set out in the agreement, and early repayment is usually fine under the contract.
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 do not accept, and getting these wrong can cause delays, added costs, default risk, or pressure from your first mortgagee.
You can contact our local team in Dunedin about second mortgage business loans and get a quick quote and timeline that fits your plan. Reach out to Dunedin Second Mortgage Business Loans now and we will map the documents needed and move from application to settlement without delay.
Fast Approvals - $20k to $500k
