About Us
Cash gaps from slow bank timeframes, tax arrears, or a deal that will not wait can choke growth. Wellington Second Mortgage Business Loans gives fast second mortgage business loans in Wellington for working capital, bridging to a refinance or sale, clearing tax arrears, consolidating short term debt, buying stock or equipment, and covering payroll as short term transitional funding.
We are a local team that understands how Wellington businesses trade through seasons and spikes. You deal with decision makers who read your numbers, weigh your equity, and price the loan for risk and speed, with rates that sit above bank lending because these are short term and higher risk.
Loans range from 20,000 dollars to 500,000 dollars with the largest amounts linked to longer trading history, and typical terms run 6 to 12 months with options from 3 to 24 months if the deal needs it. Pricing is risk based and higher than bank lending, total lending can reach about 90 percent loan to value ratio in strong cases, repayments can be weekly, fortnightly, or monthly, interest may be interest only or principal and interest with the option to capitalise, early repayment is usually allowed under the contract, and fees are set out in the loan agreement.
Loan sizes run from $20,000 to $500,000 with the largest amounts tied to longer time in business from 6 months for smaller loans up to 5 years for the maximum, we can consider total lending up to about 90 percent loan to value ratio in strong cases which is higher than many bank limits, and we accept residential and commercial security but not rural properties or lifestyle blocks. We fund working capital, stock, supplier payments, tax arrears, refurbishment, and bridging between refinances, and we offer interest only or principal and interest repayments weekly, fortnightly, or monthly with the option to capitalise interest when that fits the exit plan.
Talk to us about second mortgage business loans in Wellington and get a quick quote or a call to map the numbers and timing. Call or send your details and we’ll get you moving.
Fast Approvals - $20k to $500k