About Us
Banks move slow when you need money now, which can stall payroll, stock purchases, or a project already underway. We at New Plymouth Second Mortgage Business Loans fund second mortgage business loans in New Plymouth with short terms, quick decisions, and property-secured funding that covers short-term needs until a refinance, sale, or seasonal revenue arrives.
Our team at New Plymouth 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 don’t 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 straight terms, a clear exit plan, interest only or principal and interest options, and the choice to capitalise interest in some cases so repayments match your cashflow. The biggest mistakes are using short term funding as long term finance, overestimating property value, skipping a realistic exit, or missing consents, which leads to delays, higher cost, and in worst cases default and forced asset sales.
We offer second mortgage business loans with terms from 3 to 24 months, with most set at 6 to 12 months, secured against residential or commercial property, and we don’t accept rural property or lifestyle blocks. Loan sizes range from 20 thousand to 500 thousand, total lending can reach about 90 percent loan-to-value ratio in strong cases, eligibility starts from 6 months trading history for smaller loans and up to 5 years for the largest, a minimum monthly turnover of 20 thousand is expected, credit scores are weighed but not used on their own, interest-only or principal-and-interest are both available, interest can be capitalised, repayments can be weekly, fortnightly, or monthly, early repayment is often allowed under contract terms, extensions can be considered, fees such as application, valuation, legal, and other costs are set out in the loan agreement, and we can give an indicative decision within 24 working hours when your documents are complete and correct.
Talk with our New Plymouth 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 New Plymouth Second Mortgage Business Loans to get a quote and a clear path to funding.
Fast Approvals - $20k to $500k
