About Us
Cash flow stalls or a time limited opportunity can hit when your bank is slow or at its limit in Wellington. We use second mortgage business loans to unlock equity in your residential or commercial property with short term funding, fast decisions, and a simple path handled by Wellington Second Mortgage Business Loans.
Our team at Wellington Second Mortgage Business Loans knows second mortgage lending and we keep the process plain and direct. We head off common mistakes like ignoring total loan to value or guessing the exit, because that can trigger default fees, delays, and pressure on your property.
You get fast indicative decisions within twenty four working hours once we’ve complete and correct documents, loan sizes from twenty thousand dollars to five hundred thousand dollars, and terms from three to twenty four months with most seconds running six to twelve months and extension options when your plan is on track. We consider total lending up to about ninety percent loan to value ratio in strong cases, often higher than bank limits, we accept residential or commercial security but not rural or lifestyle property, we weigh monthly turnover and time in business from six months for smaller loans up to five years for the maximum, and we do not rely on a credit score alone.
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 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
