About Us
Waiting on a bank decision can stall a purchase, a refit, or payroll. We fund second mortgage business loans in Christchurch with fast decisions and short term structures that keep your plans on track using your available property equity.
Our team has deep experience in property backed business lending in Christchurch and we look at the whole picture rather than a score alone. You get clear terms, fast indicative decisions within 24 working hours when documents are complete, and a real plan for how the loan is repaid or refinanced without drama.
You get practical structures such as loan sizes from twenty thousand to five hundred thousand, terms from three to twenty four months with most second mortgages running six to twelve months, and repayment choices that can be interest only or principal and interest with weekly, fortnightly, or monthly schedules, with interest capitalised in some cases. We look at real turnover of at least twenty thousand per month, your trading history which ranges from about six months for small loans up to five years for the largest amounts, and your equity position rather than leaning on credit score alone, and in strong cases total lending can reach about ninety percent loan to value ratio.
Loan sizes run from 20,000 to 500,000 with the maximum linked to your time in business, and second mortgage terms are usually six to twelve months within an overall three to twenty four month window with extensions possible, and a second mortgage sits behind your first mortgage on the title, and total lending can reach about ninety percent loan to value ratio in strong cases. We take residential or commercial property as security and don’t take rural or lifestyle blocks, we expect at least 20,000 in monthly turnover and a trading history from six months for smaller loans up to five years for the largest, we consider your credit score alongside equity, we can set interest only or principal and interest with weekly or fortnightly or monthly payments and interest can be capitalised in some cases, early repayment may be allowed under the contract, we can give an indicative decision within one working day when the documents are complete, and all costs such as application, valuation, and legal are set out in the loan agreement.
Talk with our Christchurch 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 Christchurch Second Mortgage Business Loans to get a quote and a clear path to funding.
Fast Approvals - $20k to $500k
