When a Receiver is appointed, timing and clarity matter. A second mortgage loan for Receivership exit gives you the capital to regain control, negotiate sensibly, and complete a refinance or sale without rush. At Secured Lending, we’ve advised and assisted borrowers with this Receivership exit and enforcement workout funding, and we’ve facilitated over 200 strategic second mortgages. If your file is ready, we can move Fast with same day settlement and funding within 24 hours. Secured Lending can help you move fast with a second mortgage loan for Receivership exit. Assess your scenario today.
What is it and why use it?
A second mortgage sits behind your first mortgage and releases equity quickly. You can clear arrears, pay out the Receiver, cover legal and holding costs, or finish works that unlock value. It’s short-term, targeted capital designed to avoid an urgent settlement and allow orderly decisions.
Benefits of a Second Mortgage for a Receivership Exit
- Speed: urgent, emergency capital to stop a sale or meet deadlines.
- Control: dismiss the Receiver, manage stakeholders, and set realistic timelines.
- Value: avoid discounts; run a proper campaign or complete leases and works.
- Flexibility: use as bridging loans to bridge to bank refinance or settlement.
- Simplicity: residential or commercial security only; no obscure collateral.
- Cost clarity: transparent fees and an interest rate of 11.95%.
How We Structure the Funding
- Review security, priority, and the exit plan in plain language.
- Confirm loan amount, term, covenants, and conditions precedent.
- Obtain first mortgagee consent and priority deed; line up documents.
- Settle fast and monitor milestones through to refinance or sale.
Common Use Cases
- Pay out the Receiver, then refinance once financials and valuations are ready.
- Bridge to an unconditional contract and better marketing timelines.
- Complete approvals or renovations that strengthen valuation and lender appetite.
- Consolidate arrears and secured business loans to simplify the balance sheet.
Private lender, Australia wide
As a private lender and non-bank lender, we operate Australia wide: Sydney, Adelaide, Melbourne, Brisbane, Perth, Gold Coast, Canberra. You deal with decision makers. If the security and exit stack up, we can commit quickly and deliver funding within 24 hours.
Enforcement Workout Funding
Sometimes the Receivership exit requires staged steps. Enforcement workout funding stabilises cash flow while you resolve disputes, complete builds, or finalise presales. We can:
- Top up working capital for holding costs and completion.
- Provide mezzanine-style support so you can borrow up to $10million.
- Align terms with real milestones, not arbitrary dates, to reduce pressure.
- Coordinate advisers so the strategy stays practical and executable.
Eligibility and Terms
- Security: residential or commercial property in Australia only.
- Loan size: tailored to equity and serviceability; borrow up to $10million.
- Term: 3–12 months, extendable where the exit path is credible.
- Pricing: interest rate of 11.95% with straightforward, disclosed fees.
- Repayment: refinance, asset sale, or staged project receipts.
Process and Timelines
- Same day indicative terms when we receive key documents.
- Credit approval typically within 24–48 hours for standard scenarios.
- Document execution and same day settlement where parties are aligned.
- Post-settlement support to manage consents and releases.
What Strengthens Your Case
- A clear exit plan: refinance approval in progress or an agreed contract.
- Current valuation or agent letter, lease details, and build status.
- Evidence of arrears, costs to complete, and realistic timelines.
How We Can Help
You want certainty, speed, and a level-headed team. Secured Lending delivers all three. We review your position quickly, structure the right second mortgage, coordinate with the Receiver and first mortgagee, and confirm settlement dates. We know the pressures around cash flow, timelines, and stakeholder management, and we keep the moving parts simple. If you’re facing an enforcement process, we can provide enforcement workout funding to stabilise the position while we map the exit. Our focus is practical, outcome-led lending that protects value and restores control. 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. Our team specialises in urgent short term loans solutions such as bridging finance, second mortgages, and caveat loans. We have provided strategic lending advice for this in the past, and can help assess your scenario. We respond promptly and keep communication clear and consistent.
FAQs
1) What security do you accept?
Residential or commercial property only. We don’t accept other obscure assets as collateral.
2) Will a second mortgage affect my bank?
We obtain consent and a deed of priority to protect their position.
3) How fast can you settle?
With documents ready, same day settlement is possible.
4) Can I use this alongside secured business loans?
Yes. We can refinance or sit behind existing facilities where consent is granted.
5) What if my exit is eight weeks away?
We align interest and milestones to your sale or refinance timeline.
