About Us
Cash flow gets tight, projects stall, and the bank says wait. We solve that with second mortgage business loans in Auckland that release property equity fast, with short term funding, flexible repayments, and a clear exit plan from day one with Auckland Second Mortgage Business Loans.
We know the local market and we read the full story, not only the score on a report. We look past tick box rules by weighing your turnover, equity, and exit plan, and that’s why deals that don’t suit a bank can still get done with us.
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 from twenty thousand dollars to five hundred thousand dollars for three to twenty four months, with most terms landing between six and twelve months, interest only or principal and interest, with weekly, fortnightly, or monthly payments and the option to capitalise interest in some cases. Eligibility ties to trade history and scale with a minimum of six months for smaller loans up to five years for the largest, a minimum monthly turnover of twenty thousand dollars, credit scores considered but never the only factor, sufficient equity, both residential and commercial property accepted, and no rural or lifestyle blocks, and the common mistakes are weak exit plans, incomplete documents, overestimating property value, trying to use ineligible property, or not telling the first mortgage holder which can cause delays, higher costs, covenant breaches, or failed settlements.
Talk with our team about second mortgage business loans in Auckland today. Call us or send your numbers to start a quote and get a straight answer from a real person.
Fast Approvals - $20k to $500k