About Us
Banks move slow, bills do not, and growth chances don’t wait. At Christchurch Second Mortgage Business Loans we fund second mortgage business loans in Christchurch with short-term property-secured finance for working capital, bridging, refinance, and project cash flow.
We are local and we know Christchurch values, lenders, and timelines. We move quickly with straight talk and can give an indicative decision within 24 working hours once documents are complete.
Loans range from 20,000 dollars to 500,000 dollars with the largest amounts linked to longer trading history, and typical terms run 6 to 12 months with options from 3 to 24 months if the deal needs it. Pricing is risk based and higher than bank lending, total lending can reach about 90 percent loan to value ratio in strong cases, repayments can be weekly, fortnightly, or monthly, interest may be interest only or principal and interest with the option to capitalise, early repayment is usually allowed under the contract, and fees are set out in the loan agreement.
We accept residential or commercial property as security, we do not accept rural property or lifestyle blocks, we can consider total lending up to about ninety percent loan to value ratio in strong cases, typical terms are six to twelve months with extensions, and total term can run three to twenty four months. Minimum trading history starts at six months for smaller loans and rises to five years for the largest amounts, we expect at least twenty thousand dollars in monthly turnover, we consider credit scores without relying on them alone, repayments can be weekly, fortnightly, or monthly, early repayment is usually allowed under the contract, costs such as application, valuation, and legal are set out in the agreement, and rates are higher than bank lending because this is short term and higher risk.
Talk with our Christchurch team about second mortgage business loans and get a quick quote on terms that fit your timeline. Contact Christchurch Second Mortgage Business Loans now and send your basic documents so we can give an indicative decision within 24 working hours.
Fast Approvals - $20k to $500k
