About Us
Cash flow gets tight in Wellington when a big invoice is late, a tax bill hits, or you need stock now. We arrange second mortgage business loans secured against your property for working capital, bridging to refinance or sale, stock and equipment purchases, tax debt catch up, and short term project costs.
We know the local market and we read the full story, not only the score on a report. We look past tick box rules by weighing your turnover, equity, and exit plan, and that is why deals that don’t suit a bank can still get done with us.
You get fast decisions from people who live and work in Wellington, with indicative answers within twenty four working hours when the documents are complete, and we answer the phone when you need clarity. We fund risk based and higher than bank pricing for three to twenty four months, usually six to twelve months, with early repayment allowed as set out in the loan agreement, and in strong cases total lending can reach about ninety percent loan to value with interest only or principal and interest choices and the option to capitalise interest.
We take residential or commercial property as security, not rural land or lifestyle blocks, and we lend from twenty thousand dollars to five hundred thousand dollars with loan size linked to business trading history from six months for smaller loans up to five years for the maximum amount, and we expect at least twenty thousand dollars in monthly turnover with credit scores reviewed in context and equity required. We outline application, valuation, legal and other costs in the loan agreement, we can set repayments weekly or fortnightly or monthly, and we settle once valuation and legal work are complete.
Talk with Wellington Second Mortgage Business Loans about second mortgage business loans in Wellington and tell us what you need. Call or send a short summary of your business trading history, property security, and loan goal so we can size it, price it, and give you a clear path and quote.
Fast Approvals - $20k to $500k
