About Us
Cash flow gets tight and most of your funding sits behind a first mortgage. We arrange second mortgage business loans in Tauranga secured against residential or commercial property to access fast working capital, bridge to refinance or sale, and fund urgent projects.
Our team has deep experience structuring short term property secured funding that sits behind your first mortgage. We expect at least $20,000 in monthly turnover and a trading history that grows with the loan size, we know the Tauranga market, we look at your equity, trading strength, and exit plan not just a score, and we can give an indicative decision within 24 working hours when documents are complete.
You get fast funding sized to your business and equity, with pricing that is risk based and higher than bank lending because these are short term and higher risk, property secured loans. We look beyond a credit score, we expect at least 20,000 in monthly turnover and a minimum trading history that rises with loan size from about six months for smaller loans up to about five years at the top end, total lending can reach about 90 percent loan to value ratio in strong cases, terms run three to twenty four months with most second mortgages at six to twelve months, interest can be capitalised, early repayment is allowed under the contract, and all fees are set out in the loan agreement.
We fund from 20,000 to 500,000 with terms from three to twenty four months, with most second mortgages running six to twelve months and extensions possible. Pricing is risk based and higher than bank lending, all loans are secured against property equity, rural properties and lifestyle blocks are not accepted, trading history starts at six months for smaller loans and can be up to five years for the largest loans, monthly turnover must be at least 20,000, interest can be capitalised or paid as principal and interest, and repayments can match your cash flow. You send recent bank statements, trading figures, rates notices, and mortgage details, we order valuation and confirm first mortgage consent, then we issue terms, instruct lawyers, and aim to give an indicative decision within twenty four working hours once the file is complete and correct.
Talk to our local team about second mortgage business loans Tauranga. Call or send a message to start your application or get a quick quote on funding terms today.
