Quick Snapshot:
Loan Type: 1st Mortgage Loan
Problem: Borrower declined by banks due to business and personal changes
Solution: Fast, flexible 1st mortgage loan provided by Secured Lending
Outcome: Successful loan repayment and positive client outcome
Location & Amount: $10 million loan (location not disclosed for privacy)
When a business owner approached us after being turned away by multiple banks, the stress and urgency in their voice was unmistakable. They were at a critical juncture. Their business had gone through a series of operational changes and personal circumstances had also shifted, making traditional finance options unavailable.
Despite being asset-rich and motivated to move quickly, their loan application kept hitting walls. The mainstream lenders couldn’t see past the recent instability, even though the borrower had a clear plan and the right security. It’s a familiar scenario for many entrepreneurs: solid on paper, yet overlooked because they don’t fit the typical box.
This is where Secured Lending came in. We looked at the deal holistically. Within 48 hours, we had assessed the property, understood the client’s business plan, and put forward a tailored 1st mortgage solution. This wasn’t just about speed — it was about listening, evaluating the real risks, and building a path forward.
By securing the $10 million loan against the client’s commercial property, we were able to offer competitive rates and terms that aligned with their goals. The facility not only covered immediate capital needs but allowed the client to execute on their business plan without disruption. Several months later, the loan was successfully repaid, and both the client and their adviser expressed genuine relief and gratitude.
We often work with clients who don’t meet the traditional bank checklist. That’s our specialty. Our ability to move quickly and structure flexible deals makes us a reliable partner, particularly for time-sensitive or complex scenarios. This isn’t an exception; it’s our everyday. These types of 1st mortgage loans are one of our most commonly requested solutions, especially when business owners need fast access to capital and can’t afford to wait for bank committee meetings and red tape.
What is the advantage of a 1st mortgage loan for a business in need of fast capital?
A 1st mortgage loan offers the dual benefits of competitive interest rates and the ability to borrow larger amounts, thanks to the security it provides. Businesses that own or can use commercial or residential property as collateral often find these loans to be a lifeline. Here’s why:
- Lower Interest Rates: Secured loans like 1st mortgages come with lower rates than unsecured loans. This reduces borrowing costs and frees up cash flow.
- Higher Loan Amounts: With property as collateral, lenders are often willing to offer more substantial amounts, which is ideal for business growth or project funding.
- Longer Repayment Terms: Compared to short unsecured loans, 1st mortgages can be structured over longer periods, smoothing out repayments and aiding financial planning.
- Potential Tax Deductions: For businesses, interest on the loan may be tax-deductible, which can help offset costs over time.
This solution is most valuable when time is of the essence and conventional paths aren’t viable. Whether it’s seizing a sudden business opportunity, resolving an urgent financial need, or managing a transition, having a lender that can act quickly makes all the difference.
At Secured Lending, our focus is on outcomes. We specialise in first mortgage loans, second mortgage loans, bridging finance and caveat loans. With fast approvals and flexible terms, we’re able to offer bespoke finance when others can’t. If you or your client are in a similar position, get in touch. We’re ready to assist — and fast.
