Delivering market-leading short term 2nd mortgages, nationally
Interim Finance specialises in solution-focused, customised short term loans and private mortgages in Australia that are facilitated thoroughly and quickly. Like caveat loans, 2nd mortgages are available to clients who want to retain their existing 1st mortgage but need another loan to provide financing beyond the capacity of their current credit provider. This can be secured by way of a registered 2nd mortgage and are available for private business loans and secured personal loans.
Interest Rate: from 13.95% p.a
A 2nd mortgage can be used for:
- Working capital
- Equipment purchase
- Site improvement
- Building renovation
- Business expansion
- Debt consolidation
- Paying defaults
- Unexpected expenses
A 2nd mortgage, as it offers a quick solution to their current financial needs, is a great option for businesses who are still tied up with a mortgage but need additional financing. It will also work well for private individuals who are in the same predicament. This makes it a largely popular alternative to refinancing.
Other factors that make it a great option for businesses and individuals are:
- Competitive Interest Rate: from 13.95% p.a
- Loan term as short as 12-24 months
- Settlement processed in 7-10 business days
With this lending opportunity, clients will no longer be boxed into one mortgage and have no other viable option for fast financing. Talk to one of our team members today to discuss 2nd mortgages and the other short term solutions we have for SMEs and private individuals.