About Us
Cash flow gets tight, projects stall, and the bank says wait. We solve that with second mortgage business loans in Christchurch that release property equity fast, with short term funding, flexible repayments, and a clear exit plan from day one with Christchurch Second Mortgage Business Loans.
Our team has deep local experience with short term, property secured lending and we keep the process tight from first call to settlement with risk based pricing that’s higher than bank lending but explained in plain words. We look beyond a single credit score, can consider total lending up to about ninety percent loan to value in strong cases, and focus on structures that actually settle on time.
You get funding from $20,000 to $500,000 for three to twenty four months, with most second mortgages running six to twelve months and extensions possible when the exit makes sense. Pricing is risk based and higher than bank lending, total lending can reach about a ninety percent loan to value ratio in strong cases, we accept residential or commercial property but not rural or lifestyle, we weigh credit scores but look at the whole picture, we set out application, valuation, legal, and other costs in the agreement, early repayment is usually allowed under the contract, you can choose interest only or principal and interest, payments can be weekly, fortnightly, or monthly, interest can be capitalised, and trading history needs range from six months for smaller loans up to five years for the largest amounts.
Loan sizes run from twenty thousand dollars to five hundred thousand dollars with the maximum linked to your time in business, and in strong cases total lending may reach about ninety percent loan to value ratio subject to sufficient equity and a solid exit plan. Terms range from three to twenty four months with most second mortgage business loans running six to twelve months with possible extensions, pricing is risk based and higher than bank lending due to the short term second position, minimum monthly turnover is twenty thousand dollars with trading history from six months for smaller loans up to five years for the largest, acceptable security is residential or commercial property and not rural or lifestyle blocks, indicative approval decisions are often available within twenty four working hours when documentation is complete and correct, fees such as application, valuation, legal and other costs are set out in the agreement, early repayment is usually allowed under the contract, and repayments can be interest only or principal and interest with weekly, fortnightly, or monthly schedules and the option to capitalise interest in some cases.
Talk with Christchurch Second Mortgage Business Loans about second mortgage business loans Christchurch and get a quick quote today. Send your recent bank statements, basic financials, and property details so we can give you a prompt view and move to settlement as soon as the legal work is complete.
Fast Approvals - $20k to $500k
