About Us
Cash flow gets tight while the bank takes too long or says no, and payroll or a tax bill or a custom made stock buy will not wait. We arrange second mortgage business loans in Wellington with short term property secured funding and a clear plan to get you funded fast and out on time.
We are local and plain spoken, and our team at Wellington Second Mortgage Business Loans knows short term second mortgage funding for growing businesses in Wellington. We assess equity, trading history, turnover, and credit score, and we don’t rely on a score alone, and we aim to give an indicative answer within twenty four working hours along with a clear plan for how you will repay through refinance, sale, or cash flow.
You get practical structures such as loan sizes from twenty thousand to five hundred thousand, terms from three to twenty four months with most second mortgages running six to twelve months, and repayment choices that can be interest only or principal and interest with weekly, fortnightly, or monthly schedules, with interest capitalised in some cases. We look at real turnover of at least twenty thousand per month, your trading history which ranges from about six months for small loans up to five years for the largest amounts, and your equity position rather than leaning on credit score alone, and in strong cases total lending can reach about ninety percent loan to value ratio.
We arrange second mortgage business loans for working capital, bridging between a purchase and a sale, clearing arrears or tax pressure, or custom-made stock and equipment buys so your plans do not stall. We accept residential and commercial security only, look for at least six months of trading for smaller loans and up to five years for the largest amounts, expect monthly turnover of about twenty thousand dollars, offer interest-only or principal-and-interest with weekly, fortnightly, or monthly payments, can capitalise interest in some cases, and early repayment is generally allowed under the contract.
Talk to us today about second mortgage business loans in Wellington and let’s price a deal that fits your exit plan. Call or message to start or to get a quote from our team and we will confirm what security and documents are needed.
Fast Approvals - $20k to $500k
