A second mortgage loan unlocks more funds using your property's value, giving business owners a flexible finance option.

Whether for a quick boost or refinancing, it allows early repayment, saving on interest.

This is usually accessible once you've paid down some of your home loan and is a fast-track loan option, perfect for urgent financial needs.

Second loan mortgages are perfect for those considered mortgage prisoners.

A mortgage prisoner is defined as “people who are unable to switch mortgages to a better deal, even if they are up to date with their payments.”

CEO Daniel Oertli added that a mortgage prisoner “is a borrower that was teetering on the limit of a particular loan-to-value (LVR) ratio, but has since breached that limit because their property has fallen in value.”

A recent survey among mortgage brokers discovered that 24% of their overall customers end up in mortgage prison, unable to use their homes as leverage.

A second mortgage loan could be the perfect solution.

Sarah and Peter, the dynamic duo behind a thriving Brisbane cafe, found themselves in a jam when their business partner, amidst a messy divorce, had to part ways and sell their stake.

Fearing a loss of control over their beloved venture, they were determined to buy out their partner.

Their bank threw a curveball by demanding a new ABN and income verification, leaving their ownership dreams hanging by a thread.

The cafe owners had their break when they presented their family home, which had good equity, allowing them to get a second mortgage and keep their business.

Max Funding, a trusted name in alternative financing, offers flexible and hassle-free second mortgage loans tailored to meet the diverse needs of different types of customers across Australia.

Capitalising on your home’s equity may also mean that you get more favourable interest rates compared to unsecured loans like credit cards and personal loans.

Second mortgages are also usually a cheaper and easier alternative to financing. It may help avoid many fees that come with refinancing.

It is expected that the RBA’s interest rates will swell up to 4.6%, and having ready cash from your second mortgage will definitely help you ease into the swell.

For small business owners, getting a second mortgage can give you access to funds that you can use for your business - whether for added capital, more manpower, investing in new technology, or even consolidating your business debt.

Many second mortgage clients turn to us when their existing lender has declined their application for further finance.

Many also say that even if they get approved, it takes too long for their existing lenders to process their funds.

There are risks associated with second mortgages. That involves taking on more debt. Handling two home loans can be quite challenging.

Another challenge is that not many lenders offer second mortgages. Banks largely don’t like giving them out, but here in Max Funding, we may be able to address your unique needs.

However, the benefits considerably outweigh the risks. In an uncertain market, getting access to additional funds will go a long way.

With Max Funding, we’re keen to help you out whether you are looking to weather out the market condition, or take full advantage of it.

At Max Funding, we prioritise efficiency without compromising quality.

Our settlement process is designed to be swift and seamless, ensuring you can secure your financial future in just 3 to 5 days.

We understand the urgency often associated with financial matters, and we strive to minimise waiting time, providing you with the funds you need to pursue your ventures promptly.

Flexibility is at the core of our loan offerings. We believe that your financial journey should be tailored to your unique circumstances and aspirations.

Hence, we provide you with the flexibility to choose loan durations ranging from 1 to 36 months.

Moreover, we understand that plans may change or circumstances might require an extension. You have the freedom to extend the loan duration as needed, giving you the space and time to reach your goals without unnecessary pressure.

Your financial comfort is our priority, and that extends to the repayment process. We offer various repayment options to suit your cash flow and preferences.

Whether you prefer periodic repayments, such as monthly instalments, or one-time lump-sum payments, we've got you covered.

Additionally, we understand that a mix of repayment styles might work best for you.

Hence, we allow a combination of payment methods that align with your financial situation and ease of repayment.

We aim to make the loan repayment process as convenient and adaptable as possible, ensuring your financial stability is not compromised.

At Max Funding, we prioritise giving you choices. You can kickstart your loan journey from a minimum of $200,000 and go upwards, ensuring that the loan aligns with your financial ambitions.

This flexibility allows you to tailor the loan to meet your specific objectives, whether it's expanding your business, investing in a new project, or dealing with a financial hurdle.

To make the process even more accessible, we accept real estate property as collateral for the loan.

This means that if you own a property, whether it's a home or a business premise, and it has a mortgage, you can leverage its value to secure the loan.

This opens doors for many business owners who have valuable assets but might be struggling with traditional financing avenues.

We understand that navigating financial transactions can be daunting. Hence, we provide you with a dedicated Account Manager.

This individual will guide you through the process, answer your queries, and ensure that you understand the options available to you.

Having a personal point of contact ensures a smoother and more personalised experience throughout your loan journey.

One of the advantages of opting for a loan with Max Funding is the potential tax benefits it may bring.

Depending on your circumstances and the purpose of the loan, you might be eligible for tax benefits.

This can lead to significant savings and a more favourable financial position in the long run, making the loan an even more attractive option.

We understand that the interest rate is a critical factor when choosing a loan. At Max Funding, we offer a competitive interest rate.

This rate is designed to be reasonable and attractive, minimising the financial burden on your business.

A lower interest rate translates to lower overall costs and can significantly impact the success of your venture by freeing up resources for other essential aspects of your business.

Max Funding is dedicated to providing you with a loan experience that is flexible, reliable, and beneficial for your business.

We aim to empower you by tailoring loan options to your specific needs, ensuring that you have a supportive and knowledgeable partner throughout the loan process.

At Max Funding, we go beyond mere transactions; we build lasting relationships. Each client is assigned a dedicated account manager, ensuring a personalised experience and a reliable point of contact throughout your financial expedition.

Trust is at the core of Max Funding's mission. We've built a reputation as a reliable support system for numerous Australian businesses, helping them secure the necessary funds to thrive.

To date, we've empowered an impressive 8,596 businesses, each driven by their unique dreams and aspirations. Our track record speaks volumes about our capabilities.

We've provided millions in funding to Australian businesses, underscoring our commitment to transforming dreams into tangible realities.

Max Funding has facilitated a staggering $142,546,168 in funding! Whether you're just starting or looking to grow, we're here to support your journey.

We recognise that running a business is akin to navigating uncharted waters. Just as ships need fuel to sail and explore new horizons, businesses require financial support.

Max Funding serves as this much-needed financial fuel, understanding that each business is distinct and may belong to one of 131 diverse industries. Regardless of your field, we're here to provide a helping hand.

When you choose Max Funding for your second mortgage loan, you're not just accessing funds; you're gaining a dedicated partner invested in your success. Together, let's embark on a journey toward a brighter future for your business, where your success is our success.

If you’re looking for a second mortgage loan, Max Funding has the solution that is tailored to your business. Max Funding is a premier provider of financing solutions for businesses at different stages, big or small, and Max Funding understands the need for a reputable and reliable second mortgage lender.

Max Funding has funded thousands of small businesses Australia-wide through our easy and straight forward online application process. Even if your property has no equity, we can still consider.

Our simple application only takes five minutes to complete - and, best of all, no credit checks are undertaken during this initial process.

Trying to get business funding from commercial banks can be a challenge, especially when you’re just starting out, so it’s better to go to a secondary mortgage lender you can trust.

At Max Funding, we see you and your business differently, and we will consider bad credit histories because we focus on your current and future position, rather than something that occurred in the past.

With knowledge and many years of experience in the finance industry, Max Funding has assisted thousands of small and medium-sized enterprises with their financial issues.

Apply for second mortgage loans from Max Funding as a borrower or a guarantor - the application process is fast, easy and secured.

You can borrow from $3,000 to $1,000,000. Unlike banks, our repayment schedules can be flexible to fit your business. There are fewer documents required for an application. You can apply anytime, anywhere, and we will inform you by email or SMS.

Start with our short pre-approval form. If this product isn’t right for you, we offer other solutions to assist your business financing needs, such as unsecured business loans.

Our intuitive system will provide you with a pre-approval decision within minutes, any time of the day. After you’ve been pre-approved, upload a few basic documents from your mobile or PC to verify your ownership and personal details.

Once verification has been done and the contract is signed, funds can be released to your bank account. With our fast and efficient process, you’ll never have to worry about finding the right business service provider.

You can concentrate on your business needs, whilst our team of professional lenders takes care of your funding needs. If you have any questions, please feel free to contact us directly, and get your second mortgage loan today!