Second Mortgage Loans
in Australia

Alternative financing solution

Cash out your equity info icon
Easy qualify info icon
Decision in five minutes info icon
An alternative to banks info icon

Second Mortgage Loans - Fact Sheet

Suitable For
  • Start-ups
  • Established business owner
  • Commercial property investors
  • Bad business credit history
Pre-approval Time
1 hour to 2 hours
Settlement Time
3 days to 5 days
Loan Term
1 month - 36 months (including term extension)
Flexible Repayment

We can design a repayment plan that fits your cash flow.

This can be a periodical repayment (e.g. monthly), a lump sum payment or a combination of your choosing.

To ease your commitment and allow maximum flexibility, a loan term extension may be available.

Indicative Loan Amount
$200,000 +
Asset Eligibility Criteria
Real estate property (mortgaged OK)
Financial Statement
Optional
Dedicated Account Manager
Yes
Tax Deductible
Yes
Line of Credit
Available
Interest Rate

Our interest rate is as low as 1.50% per month.

We are very confident that our rate is one of the lowest in the market, if you do find a lower rate, let us know, we will try to beat it.

Save Interest
  • Pay-off loan early
  • Extra repayments lower the balance

*Information provided on fact sheet is for reference only as we can tailor products to your requirement. Please contact us for further information.

What is a second mortgage loan?

A second mortgage loan is an increasingly popular method of accessing additional capital. This type of funding allows the lender to register the second interest on an asset that is already secured. It is advantageous to business owners as it expands their financing options, allowing for choices that will suit their financial needs. Second mortgage loans provide the flexibility of refinancing your existing asset with another lender and can meet your short-term needs. Businesses requiring the loan for a short amount of time can repay the loan early and have the second mortgage interest removed.

Generally, a second mortgage is only available to those who have paid back a portion of their home loan. Most people choose to take out a second mortgage against their property because it is a quick loan solution, most suitable for those who require urgent cash.

Why we are better

$142,546,168 - Funding Requested

$142,546,168

Funding Requested

We have assisted many Australian businesses with millions in funding.

8,596+ - Businesses Funded

8,596+

Businesses Funded

We are dedicated to assisting business owners with their financial needs.

131 - Industries Covered

131

Industries Covered

Max Funding serves all industries operating in Australia.

Apply for 2nd mortgage loans from Max Funding.

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.

Max Funding is your best private lender.

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, and you will receive our pre-approval decision in just a few minutes. You can apply anytime, anywhere, and we will inform you by email or SMS.

Get your 2nd mortgage loans today.

If you’ve decided our second mortgage finance solution is right for you, 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!

FAQs about Second Mortgage