About Us
Banks move slow, bills do not, and growth chances don’t wait. At Tauranga Second Mortgage Business Loans we fund second mortgage business loans in Tauranga with short-term property-secured finance for working capital, bridging, refinance, and project cash flow.
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 don’t 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’ll repay through refinance, sale, or cash flow.
You get fast decisions from people who live and work in Tauranga, with indicative answers within twenty four working hours when the documents are complete, and we answer the phone when you need clarity. We fund risk based and higher than bank pricing for three to twenty four months, usually six to twelve months, with early repayment allowed as set out in the loan agreement, and in strong cases total lending can reach about ninety percent loan to value with interest only or principal and interest choices and the option to capitalise interest.
Loan sizes run from $20,000 to $500,000 for three to twenty four months, with most second mortgages running six to twelve months with extensions possible, and pricing is risk based and higher than bank lending. Total lending may reach about ninety percent loan to value ratio in strong cases, we accept residential or commercial security but not rural or lifestyle blocks, we expect at least six months trading history for smaller loans up to five years for the largest amounts, a minimum monthly turnover of $20,000, enough property equity, and we consider credit scores but never on their own, with fees such as application, valuation, and legal set out in the loan agreement and early repayment usually allowed under the contract.
Talk with our Tauranga team about second mortgage business loans today and get a straight answer within one business day when your documents are complete and right. Call or message Tauranga Second Mortgage Business Loans to get a quote and a clear path to funding.
Fast Approvals - $20k to $500k
