About Us
Bank timelines can blow up your plans and your cash flow takes the hit. We fund second mortgage business loans in Hamilton for working capital, bridging a refinance, stock buys, payroll, or finishing jobs, and we do it fast.
Our local team has funded many short term, property secured deals across Hamilton and we know how to read both equity and trading strength. We look at the whole story, not just a score, and we can give an indicative decision within 24 working hours with clear terms and realistic timelines.
You get workable terms between 3 and 24 months, with most second mortgages running 6 to 12 with possible extensions, pricing is risk based and higher than bank lending, and all costs such as application, valuation, and legal are set out in the agreement with early repayment allowed under contract. Common mistakes are asking for more than the equity supports, skipping a clear exit, or underestimating total cost, and those choices can slow approval, add fees, or cause decline.
We fund from twenty thousand dollars to five hundred thousand dollars on terms from three to twenty four months with most second mortgage business loans running six to twelve months and we can set interest only or principal and interest with weekly, fortnightly, or monthly repayments and capitalised interest when that suits the plan. To qualify you need a trading history that grows with loan size from six months on smaller amounts to five years on the maximum, minimum monthly turnover of twenty thousand dollars, strong equity in acceptable property since rural or lifestyle blocks are not taken, and clean, correct documentation for quick indicative approval while credit scores are considered but not the deciding factor on their own, and the big mistakes to avoid are asking for the maximum with thin history, submitting incomplete paperwork, or skipping a clear exit which can lead to delays, higher costs, extensions, or even forced sales.
Talk to our Hamilton team about second mortgage business loans today. Call Hamilton Second Mortgage Business Loans or send us your numbers to get a quick quote and straight advice.