About Us
Cash flow gaps hit fast when a supplier calls or a tax bill lands in Tauranga. We solve it with second mortgage business loans that unlock equity in a residential or commercial property for three to twenty four months, most often six to twelve, from twenty thousand to five hundred thousand based on your trading history.
We are local and plain spoken, and our team at Tauranga Second Mortgage Business Loans knows short term second mortgage funding for growing businesses in Tauranga. We assess equity, trading history, turnover, and credit score, and we do not rely on a score alone, and we aim to give an indicative answer within twenty four working hours along with a clear plan for how you will repay through refinance, sale, or cash flow.
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 our Tauranga team about second mortgage business loans today. Call Tauranga Second Mortgage Business Loans or send us your numbers to get a quick quote and straight advice.
Fast Approvals - $20k to $500k
