About Us
Cash gets tight when tax, stock, payroll, or a fit out all pile up and the bank moves slow. We move fast with property secured second mortgage business loans in Wellington from twenty thousand dollars to five hundred thousand dollars on three to twenty four month terms, usually six to twelve, with risk based pricing that is higher than bank lending given the short term and higher risk, interest only or principal and interest options, and quick decisions when your documents are complete.
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 a quick yes or no, plain pricing, and a structure that fits how your cash comes in. We look beyond a credit score, accept residential or commercial security, can fund up to about a ninety percent loan to value ratio in strong cases, allow early repayment, set repayments weekly or fortnightly or monthly, and list application, valuation, legal, and other costs in the loan papers before you sign.
Our core work is second mortgage lending, short term bridging, and top up working capital against property equity, which can help you cover a gap, win a deal, or steady cash flow while you move to bank funding, and we set everything out in a clear loan agreement with application, valuation, legal, and other costs listed. We do not publish a rate range because pricing is risk based and higher than bank lending, eligibility starts from six months trading for smaller loans and up to five years for the maximum amount with a minimum monthly turnover of twenty thousand and enough equity to support the lend, and credit scores are considered but not used on their own.
Talk with our team about second mortgage business loans in Wellington today. Call us or send your numbers to start a quote and get a straight answer from a real person.
