About Us
Cash flow gaps, tight deadlines, and banks moving slow can choke a good plan in Wellington. We arrange second mortgage business loans backed by your property so you can cover payroll, buy stock, clear a tax bill, finish a project, or bridge to a refinance fast.
Our team has strong local deal experience and we look at real trading and property equity, not just a credit score. We plan your exit at the start and we warn against common mistakes like using a short term loan as long term finance, counting on a sale that isn’t signed, or sending partial paperwork, because that can lead to extra costs, default interest, and rushed outcomes you don’t want.
Loans range from 20,000 dollars to 500,000 dollars with the largest amounts linked to longer trading history, and typical terms run 6 to 12 months with options from 3 to 24 months if the deal needs it. Pricing is risk based and higher than bank lending, total lending can reach about 90 percent loan to value ratio in strong cases, repayments can be weekly, fortnightly, or monthly, interest may be interest only or principal and interest with the option to capitalise, early repayment is usually allowed under the contract, and fees are set out in the loan agreement.
We offer second mortgage business loans with terms from 3 to 24 months, with most set at 6 to 12 months, secured against residential or commercial property, and we do not accept rural property or lifestyle blocks. Loan sizes range from 20 thousand to 500 thousand, total lending can reach about 90 percent loan-to-value ratio in strong cases, eligibility starts from 6 months trading history for smaller loans and up to 5 years for the largest, a minimum monthly turnover of 20 thousand is expected, credit scores are weighed but not used on their own, interest-only or principal-and-interest are both available, interest can be capitalised, repayments can be weekly, fortnightly, or monthly, early repayment is often allowed under contract terms, extensions can be considered, fees such as application, valuation, legal, and other costs are set out in the loan agreement, and we can give an indicative decision within 24 working hours when your documents are complete and correct.
Talk to our team about second mortgage business loans in Wellington today. Call or message Wellington Second Mortgage Business Loans to get a quick read on eligibility and a clear quote.
