Exiting a major bank isn’t about drama; it’s about control. If you need capital to exit bank facilities or restrictive covenants, a second mortgage loan for Bank exit can give you clean runway without disrupting operations. At Secured Lending, we’ve advised and assisted borrowers with this Bank exit and have facilitated over 200 strategic second mortgages. When timing is tight, we act with calm precision. Secured Lending can help you move fast with a second mortgage loan for Bank exit. Assess your scenario today.
Why a Second Mortgage is a Practical Path to a Bank Exit
A second mortgage sits behind your primary bank and releases equity without forcing a refinance of the first facility on the bank’s timeline. It’s straightforward, targeted capital designed for momentum.
Key Benefits
- Speed and certainty: Arrange capital for urgent settlement, remove a covenant, or complete a payout without delays. We prioritise same day settlement where possible, with funding within 24 hours when documents and consents are ready.
- Maintain bank relationships: Exit a facility or a restrictive covenant cleanly while preserving goodwill and valuable transaction history.
- Keep operations moving: Use the funds to meet settlement deadlines, clear ATO/BAS, purchase stock, complete renovations, or bridge to a refinance or sale.
- Stronger negotiating position: Pay out or restructure first, then negotiate new terms from a position of control.
- Flexibility: Interest can be structured around your exit event so cash flow stays focused on business priorities.
- Lower disruption: No need to unravel all existing banking lines at once; a precise second mortgage can address the specific pressure point.
How a Second Mortgage for a Bank Exit Works
We secure a registered second mortgage behind your current bank. With a deed of priority and clear settlement instructions, your payout or covenant release can be completed efficiently. You retain your first mortgage while accessing the equity you need to execute the exit.
What You Can Expect
- Clear purpose: Capital to exit bank facilities or restrictive covenants, or to meet a specific deadline that your current bank can’t accommodate.
- Defined exit: Refinance to a new lender, sell a property, or release capital from a project when it completes.
- Focus on timing: We coordinate with your bank, lawyers, and any incoming lender to reduce friction at settlement.
- Property-backed approach: You leverage residential or commercial property as security; we don’t accept other obscure assets as collateral.
Private lender Solutions Australia Wide
Secured Lending is a private lender in Australia and operates Australia wide: Sydney, Adelaide, Melbourne, Brisbane, Perth, Gold Coast, Canberra. We are a non-bank lender. As a private lender, we make decisions quickly, speak directly with you or your adviser, and tailor funding to the practical reality of your timeline. We also provide bridging loans and secured business loan options when a short window or staged outcome is involved, so the facility aligns to your next step rather than forcing you into a full refinance too early.
Indicative Terms at a Glance
- Loan size: You can borrow up to $10 million subject to equity, property, and legal due diligence.
- Pricing: Transparent costs with an interest rate of 11.95% indicative on qualifying scenarios.
- Speed: Same day settlement and funding within 24 hours are achievable on complete files with bank consent and a deed of priority in place.
- Use of funds: Payouts, covenant releases, urgent or emergency timelines, and other time-sensitive settlement needs.
- Security: Residential or commercial property only, first-rate Australian titles preferred.
When a Second Mortgage is Most Effective
- You’re managing a time-bound payout or covenant release and need certainty of execution.
- Your primary bank won’t extend or varies terms with restrictive covenants that limit strategy.
- You want to retain current banking services while you complete a sale, refinance, or project milestone.
- You value a single-purpose facility that solves the immediate need without long lock-ins.
How We Can Help
We review your position, structure the second mortgage, and coordinate with your bank to document a deed of priority and confirm settlement mechanics. We arrange valuation, engage solicitors early, and set a clear path to the exit—refinance, sale, or staged releases. Our team has provided strategic lending advice for this in the past and can help assess your scenario quickly and privately. Secured Lending is a short‑term lending solution you can rely on. When you’re ready, our team is here to help you move quickly and confidently. We specialise in urgent short term loans solutions such as bridging finance, second mortgages, and caveat loans.
FAQs
1) When does a second mortgage make the most sense for a bank exit?
When you have equity, a defined exit (sale or refinance), and a deadline your bank can’t meet. It’s built to create time and certainty without dismantling existing facilities.
2) Will my bank need to consent?
Yes. We work with your bank to document priority so all parties understand the payout or covenant release sequence. Early coordination removes surprises at settlement.
3) What can I use as security?
Residential or commercial property in Australia. We don’t accept other obscure assets as collateral, such as plant, equipment, or crypto.
4) How long is the term?
Terms are short by design and aligned to your exit event. We focus on a realistic timeframe so you’re not paying for more facility than you need.
5) What speeds up settlement?
Updated rates notices, insurance, a recent valuation, your solicitor’s details, bank payout letter, and clear instructions. With a complete file, urgent settlement and funding within 24 hours are achievable.
