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Case Study: $200,000 Second Mortgage – Bellara, QLD

  • Assurity Capital
  • 17 minutes ago
  • 2 min read

Fast Second Mortgage for Refinance & Business Working Capital

Assurity Capital recently assisted a client by providing a $200,000 second mortgage loan secured against a residential property in Bellara, Queensland.


The Scenario

The client required funding to:

  • Refinance an existing private lender before the loan matured.

  • Access additional working capital to support ongoing business operations.


The security property had an estimated market value of approximately $825,000. Given the conservative level of gearing and the strength of the security position, no formal valuation was required, enabling the transaction to proceed more quickly.


second mortgage Bellara QLD

The Solution

Assurity Capital approved a $200,000 second mortgage, allowing the client to:

  • Repay their existing private loan.

  • Consolidate the refinance into a new facility.

  • Release additional funds for business working capital.

  • Complete the transaction without the delay and cost of obtaining a formal valuation.


Why Assurity Capital?

Many borrowers require funding within tight timeframes where traditional lenders are unable to assist. Our flexible lending approach allows us to consider transactions that fall outside standard bank policy.

Depending on the overall strength of the application and loan-to-value ratio, we may be able to waive the requirement for a formal valuation, helping clients access funds sooner while reducing upfront costs.


Need a Second Mortgage?

Assurity Capital provides first and second mortgage loans for business and investment purposes across Australia.

We can assist with:

  • Refinancing existing private lenders

  • Business working capital

  • ATO debt repayments

  • Business debt consolidation

  • Short-term funding

  • Bridging finance

  • Time-sensitive transactions


If you need fast, flexible funding secured by property, contact Assurity Capital to discuss your requirements.


This case study is based on an actual transaction. Certain details have been modified to protect the client's privacy.


 
 
 
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