May 28, 2020
Second mortgage loans are a popular type of lending for business. As such, second mortgages have great benefits for businesses requiring fast access to funds. However, […]
Second Mortgages related FAQs
May 28, 2020
In the first instance, you need to pay creditors and stop a business wind up. Then, business restructuring and requiring finance. Hence, specialist finance is needed […]
May 28, 2020
Private mortgage finance can be an effective method for obtaining fast business funds. At the same time, traditional lending can be a hindrance because of their […]
May 28, 2020
A second mortgage sits behind a mortgage registered against the title of your property. Hence, the first mortgage is placed there by your bank. Consequently, second […]
May 28, 2020
Short term business loans such as caveat loans and second mortgage loans are higher risk for a lender. As such, this is a result of minimal […]
May 28, 2020
The lending criteria for private lenders vary a lot with banking finance. By comparison, businesses can enjoy the simplicity of the second mortgage loan lending criteria. […]
May 28, 2020
The main difference between the two private lending facilities is the security type. Certainly one is a second mortgage and the other being a caveat. Otherwise, […]
May 28, 2020
A second mortgage needs to be approved by the first mortgagee. As a result, loan settlements can take three weeks or more. However, while waiting for […]
May 28, 2020
Conventional banks actively search for self-employed borrowers with tax debt as they don’t want any borrowers with tax debt as it highlights a business income and […]