About Us
Banks move slow when you need money now, which can stall payroll, stock purchases, or a project already underway. We at Wellington Second Mortgage Business Loans fund second mortgage business loans in Wellington with short terms, quick decisions, and property-secured funding that covers short-term needs until a refinance, sale, or seasonal revenue arrives.
We are local and we’ve funded many small firms, so we speak plain language and we move fast while keeping the paperwork right. At Wellington Second Mortgage Business Loans we look at trading history, monthly turnover of at least twenty thousand dollars, and equity, not only a credit score, and we match loan size to time in business from about six months for smaller loans up to five years for the largest, so the structure fits and you are not stuck.
You get fast answers when your file is complete, often an indicative decision within twenty four working hours, and we set out pricing and fees in the loan agreement including application, valuation, and legal costs, and early repayment is usually allowed under the contract terms. We look past just a credit score, accept both residential and commercial security, can structure interest only or principal and interest with weekly, fortnightly, or monthly repayments, may capitalise interest where it fits, and in strong cases total lending can reach about ninety percent combined loan to value ratio with risk based pricing that sits higher than bank lending because these loans are short term and higher risk.
We fund $20,000 to $500,000 for 3 to 24 months, with most second mortgage loans running 6 to 12 months as short-term or transitional funding with risk based pricing that is higher than bank lending. We assess real trading history and equity with a minimum monthly turnover of $20,000 and time in business that grows with the loan size from six months at the low end to five years at the top, and we support weekly, fortnightly, or monthly repayments.
Talk to us about second mortgage business loans in Wellington and ask for a quick quote or a fast call back so you can move on your plan now. Send your basics today and we will reply within one business day.
Fast Approvals - $20k to $500k
