About Us
Cash is tied up in property while bills and growth cannot wait in Dunedin. Dunedin Second Mortgage Business Loans solves that with second mortgage business loans secured against your property for working capital, bridging to a refinance or sale, tax arrears, stock, equipment, or renovations, with fast decisions and a clear exit plan.
Our team has deep skill in short-term, property-secured lending, with a strong track record structuring second ranking mortgages that settle on time, and our straight talk and local knowledge in Dunedin set us apart. Common mistakes are weak exit plans, missing documents, or optimistic valuations that push loan to value ratio too high, and those can cause delays, added costs, a decline, or default that puts your property at risk.
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.
Our core service is arranging second mortgage business loans for cash flow gaps, custom made stock buys, tax arrears, marketing pushes, bridging while a refinance settles, or upgrades that drive revenue. Eligibility rises with loan size from about six months in business for smaller amounts up to about five years for the maximum amount, you need minimum monthly turnover of 20,000 dollars, credit scores are considered but do not decide a deal on their own, we can set interest only or principal and interest, interest can be capitalised in some cases, and fees such as application and valuation and legal and other costs are set out in your loan agreement.
Talk with our team at Dunedin Second Mortgage Business Loans about second mortgage business loans in Dunedin and request a quote today. Call or send your recent bank statements, financial statements, and property details so we can confirm options quickly and get your funding moving.
