Business loans Dunedin
Dunedin and Otago businesses can borrow $20,000 to $1,000,000, secured against New Zealand property, for genuine business purposes. HomeSec assesses and funds its own open-term loans.
Businesses tied to the academic calendar, tourism seasons or project work often see income arrive in bursts. A property-secured facility can fund the quiet months, or an opportunity that will not wait for a bank process.
Owners can offer residential or commercial property as a first or second mortgage. We start with the address, ownership and existing mortgages.
Business-purpose lending only. Property offered as security may be at risk if the loan is not repaid, so read the contract and consider independent legal advice.
Tell us the amount, the purpose, the property and how you plan to repay. We give an early view of fit, then you receive terms in writing and take independent legal advice before the mortgage is registered and funds are paid. Approved facilities may offer up to six months with no scheduled payments.
Related pages: business loans, second mortgages, secured business loans, bad credit business loans, urgent business loans.
Watch: business funding in Dunedin
HomeSec founder and CEO Paul Stone explains how property-secured business finance works for Dunedin business owners, what you need to qualify and how quickly funds can be in your account.
Questions Dunedin owners ask
It can be considered. The property is assessed as security for a genuine business purpose, alongside the borrower's repayment plan. Every scenario is subject to approval.
HomeSec's New Zealand lending range is $20,000–$1,000,000. The amount available depends on assessment, suitable property security, the business purpose and the proposed repayment.
Funding may be possible in as little as 24 hours, subject to approval, documents, security, legal work and settlement requirements.
Credit checks are irrelevant to the decision and a bad credit history is generally not an issue. We look at the property security, the business purpose and the repayment path, and every scenario is assessed.
No formal valuation or cashflow records are needed for the initial assessment. Further information may be requested as the scenario progresses.
Other regions
Next step
Speak with the team or start an application online.
