2nd Mortgage as Security: A Powerful Tool for Small Business Growth

Mark Hutchins

Mark Hutchins

Director - Secured Lending

2nd Mortgage as Security: A Powerful Tool for Small Business Growth

In the fast-paced world of small business, missing an opportunity due to slow traditional lenders can be devastating. This is where a 2nd mortgage as security emerges as a game-changer.

Imagine this: you have a chance to take your business to the next level, but securing funding within a tight timeframe seems impossible. Banks, bogged down by bureaucracy, take forever to process loan applications. Here’s where a 2nd mortgage as security comes in.

Many small business owners are unaware of the potential held within their own property. By leveraging the equity in your commercial real estate through a 2nd mortgage as security, you unlock a fast and flexible source of capital. This can be the difference between seizing an opportunity and letting it slip away.

The Power of Speed: A Real-Life Example

Let’s revisit the scenario we mentioned earlier. A client with a thriving business stumbled upon a golden opportunity. However, traditional lenders, with their lengthy approval processes, threatened to derail their plans. Time was of the essence, and they needed funding fast.

Fortunately, the client had a substantial portfolio with significant equity. This made them a perfect candidate for a short term loan with a 2nd mortgage as security. We were able to assess their situation quickly and provide a fast, flexible solution. The 2nd mortgage as security unlocked the necessary capital, allowing them to seize the opportunity before it vanished.

The story doesn’t end there. Three months later, the traditional lenders finally came through with a refinance offer. This enabled a smooth exit for us, leaving our client with a booming business and long-term financing secured.

This is the true power of using a 2nd mortgage as security. We understand that for small businesses, speed is paramount. Traditional lenders can leave you waiting for months, potentially costing you valuable opportunities. A 2nd mortgage as security bridges that gap, providing the capital you need, when you need it most.

Beyond Speed: Tailored Solutions for Growth

Our approach goes beyond just offering quick access to funds. By leveraging your assets strategically through a 2nd mortgage as security, we work with you to craft a solution that aligns with your specific business goals. This tailored approach ensures the funds you receive are used effectively to fuel your growth.

Unlocking Equity for Success

Many small business owners sit on a hidden asset – equity in their property. A 2nd mortgage as security allows you to tap into this potential, transforming it into the capital needed to take your business to the next level. Whether it’s for:

  • Expanding your inventory
  • Investing in new equipment
  • Financing a marketing campaign
  • Taking advantage of an unexpected opportunity

A 2nd mortgage as security can provide the resources you need to turn your ambitions into reality.

Considering a 2nd Mortgage as Security? Here’s What You Need to Know

If you’re a small business owner looking to explore the possibilities of a 2nd mortgage as security, here are some key points to consider:

  • Eligibility: Having a commercial property with sufficient equity is a primary requirement.
  • Benefits: Fast access to capital, flexible repayment options, and the ability to leverage existing assets.
  • Considerations: Interest rates on 2nd mortgage loans may be higher than traditional loans. A careful evaluation of your business needs and financial situation is crucial.
Don’t Let Slow Processes Hinder Your Growth

In today’s competitive landscape, small businesses need every advantage they can get. A 2nd mortgage as security empowers you to move quickly, seize opportunities, and achieve your growth goals. Don’t let slow traditional lenders hold you back. Explore the potential of a 2nd mortgage as security and unlock the full potential of your business.

How can Secured Lending Help?

Small business restructuring plans in Australia provide a lifeline for struggling enterprises to regain their financial footing and continue contributing to the economy.

Short-term business loans play a crucial role in supporting these plans by providing much-needed capital flexibility. If your small business is facing financial challenges, don’t hesitate to explore the benefits of restructuring and consider short-term business loans as a viable solution on your path to recovery and success. Consult with financial experts and leverage the available resources to ensure a smooth and successful restructuring journey.

Secured Lending understand the complexities of debt for businesses and the potential benefits of short-term loans. Our experienced team is here to guide you through the process  and helping you explore suitable financing options to address your debt effectively. 

Our loan products are designed to provide short term relief in circumstances where funding is not immediately available from traditional sources of finance, such as banks and other first tier institutions. These include:

We aim to implement our solutions as a matter of priority so that you can resume business as usual, with full control of your company.

If you or your client are in need of finance and need to speak to one of our experts, contact us on 1300 795 175 or email us at info@securedlending.com.au

2nd Mortgage as Security

Secured Lending

FAST FUNDING SOLUTIONS

Secured Lending focuses on non-conforming, short term funding solutions with incredibly quick turnaround times. So why Secured Lending?
  • We have our own internal property valuation team.
  • We can settle caveats, 1st and 2nd mortgage loans within 24 hours up to $45m.
  • We pride ourselves on being transparent and honest in our approach, always aiming to have an initial assessment back to you in a few hour

Our rates start at 9.95% p.a. with loan terms from 1 – 24 months.

 If you have a scenario to discuss, please call us on 1300 795 175.
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