About Us
Cash flow gaps and slow bank answers can stall payroll or a custom made order in Wellington. At Wellington Second Mortgage Business Loans, we fund second mortgage business loans with property security, fast decisions, and short term structures suited to bridging, working capital, tax catch ups, and project push.
Our team at Wellington Second Mortgage Business Loans focuses on short term, property secured lending for trading businesses and we judge real cash flow and equity rather than a credit score alone, and we set all application, valuation, and legal costs out in the loan agreement so nothing surprises you. We work with businesses from six months in trade on smaller loans through to five years for the largest, we expect at least twenty thousand dollars in monthly turnover, and we only fund when there is sufficient equity.
You get workable loan sizes from twenty thousand dollars to five hundred thousand dollars tied to your trading history, short terms from three to twenty four months with six to twelve months common for a second, and repayment choices that include interest only or principal and interest with weekly, fortnightly, or monthly schedules and in some cases capitalised interest. Pricing is risk based and higher than bank lending because this is short term property secured money, this is transitional funding rather than long term finance, we accept residential or commercial security but not rural or lifestyle blocks, we look at real turnover and equity rather than just a credit score, and we expect at least twenty thousand dollars in monthly turnover with minimum trading history that starts at six months for smaller loans and reaches five years for the top amount.
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 Wellington Second Mortgage Business Loans about second mortgage business loans in Wellington today. Call or send a message for a quick quote and an indicative decision within twenty four working hours.
Fast Approvals - $20k to $500k