About Us
Cash flow gets tight and most of your funding sits behind a first mortgage. We arrange second mortgage business loans in Hamilton secured against residential or commercial property to access fast working capital, bridge to refinance or sale, and fund urgent projects.
We are local and plain spoken, and our team at Hamilton Second Mortgage Business Loans knows short term second mortgage funding for growing businesses in Hamilton. We assess equity, trading history, turnover, and credit score, and we do not rely on a score alone, and we aim to give an indicative answer within twenty four working hours along with a clear plan for how you’ll repay through refinance, sale, or cash flow.
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 arrange second mortgage business loans for working capital, bridging between a purchase and a sale, clearing arrears or tax pressure, or custom made stock and equipment buys so your plans do not stall. We accept residential and commercial security only, look for at least six months of trading for smaller loans and up to five years for the largest amounts, expect monthly turnover of about twenty thousand dollars, offer interest-only or principal-and-interest with weekly, fortnightly, or monthly payments, can capitalise interest in some cases, and early repayment is generally allowed under the contract.
Talk with our Hamilton team about second mortgage business loans and get a quick quote on terms that fit your timeline. Contact Hamilton 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
