About Us
Cash flow gaps and bank delays can put growth, payroll, or a custom-made settlement at risk. We fund second mortgage business loans in Hamilton secured behind your first mortgage on residential or commercial property so you can unlock short term working capital fast.
Our team at Hamilton Second Mortgage Business Loans knows property secured business lending inside and out, and we care about getting it right. We look at the whole picture not just a credit score, we accept both residential and commercial security, we do not accept rural or lifestyle blocks, total lending can reach about a ninety percent loan to value ratio in stronger cases, and we can give an indicative decision within twenty four working hours when your documents are complete and correct.
You get fast decisions from people who live and work in Hamilton, with indicative answers within twenty four working hours when the documents are complete, and we answer the phone when you need clarity. We fund risk based and higher than bank pricing for three to twenty four months, usually six to twelve months, with early repayment allowed as set out in the loan agreement, and in strong cases total lending can reach about ninety percent loan to value with interest only or principal and interest choices and the option to capitalise interest.
Loan sizes run from $20,000 to $500,000 with terms from three to twenty four months and second mortgage loans usually sit at six to twelve months, pricing is risk based and higher than bank lending due to the short term and higher risk, repayments can be interest only or principal and interest, interest can be capitalised in some cases, and payment cycles can be weekly, fortnightly, or monthly. We accept residential or commercial property in Hamilton as security but not rural properties or lifestyle blocks, total lending can reach about ninety percent loan to value ratio in stronger scenarios with sufficient property equity required, minimum trading history starts at six months for smaller loans and increases up to five years for the maximum amount with at least twenty thousand dollars in monthly turnover, we consider credit scores but we don’t rely on them on their own, we can give an indicative decision within twenty four working hours once complete and correct documents are in, and fees such as application, valuation, and legal are set out in the loan agreement with early repayment usually allowed under the contract.
Talk with Hamilton Second Mortgage Business Loans about second mortgage business loans in Hamilton and tell us what you need. Call or send a short summary of your business trading history, property security, and loan goal so we can size it, price it, and give you a clear path and quote.
Fast Approvals - $20k to $500k
