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.
We work in Wellington every day and we know how to read your trading story and the value in your real estate. We look beyond a credit score and can accept residential or commercial security with realistic loan to value ratio settings, and in strong cases we can consider total lending up to about ninety percent when your documents are complete and correct.
You get quick answers, flexible loan structures, and straight talk that keeps your plans moving without guesswork. We pick up the phone, keep you updated, and do what we say.
Loan sizes run from twenty thousand dollars to five hundred thousand dollars with the maximum linked to your time in business, and in strong cases total lending may reach about ninety percent loan to value ratio subject to sufficient equity and a solid exit plan. Terms range from three to twenty four months with most second mortgage business loans running six to twelve months with possible extensions, pricing is risk based and higher than bank lending due to the short term second position, minimum monthly turnover is twenty thousand dollars with trading history from six months for smaller loans up to five years for the largest, acceptable security is residential or commercial property and not rural or lifestyle blocks, indicative approval decisions are often available within twenty four working hours when documentation is complete and correct, fees such as application, valuation, legal and other costs are set out in the agreement, early repayment is usually allowed under the contract, and repayments can be interest only or principal and interest with weekly, fortnightly, or monthly schedules and the option to capitalise interest in some cases.
Talk with Wellington Second Mortgage Business Loans about second mortgage business loans in Wellington today and get a clear path and timing for your funding. Call or send us your details for a quick call back and a written quote.
Fast Approvals - $20k to $500k
