About Us
Cash flow gaps and bank delays can put growth, payroll, or a custom-made settlement at risk. We fund second mortgage business loans in Palmerston North secured behind your first mortgage on residential or commercial property so you can unlock short term working capital fast.
Second mortgages are what we do every day in Palmerston North, so we move fast and get the structure right. We check your equity, trading strength, and exit plan up front, and we flag common trip-ups like overestimating value, thin turnover, missing documents, or no clear way to repay which can cause delays, higher costs, or a decline.
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.
Loan sizes run from $20,000 to $500,000 with the largest amounts tied to longer time in business from 6 months for smaller loans up to 5 years for the maximum, we can consider total lending up to about 90 percent loan to value ratio in strong cases which is higher than many bank limits, and we accept residential and commercial security but not rural properties or lifestyle blocks. We fund working capital, stock, supplier payments, tax arrears, refurbishment, and bridging between refinances, and we offer interest only or principal and interest repayments weekly, fortnightly, or monthly with the option to capitalise interest when that fits the exit plan.
Talk with Palmerston North Second Mortgage Business Loans about second mortgage business loans in Palmerston North and tell us what you need. Call or send a short summary of your business trading history, property security, and loan goal so we can size it, price it, and give you a clear path and quote.
Fast Approvals - $20k to $500k
