Second Mortgage Private Loan – Pelican Beach, QLD
- gareth150
- Jul 6, 2023
- 2 min read
Updated: Jun 22
Private Lending to Support Business Cash Flow
Assurity Capital recently settled a second mortgage private loan of $250,000, secured against a residential property in Pelican Beach, Queensland. The funds were used to provide much-needed business cash flow, with the loan structured at an estimated 60% loan-to-value ratio (LVR) based on a desktop valuation.
Loan Summary:
Loan Type: Second Mortgage Private Loan
Loan Amount: $250,000
Location: Pelican Beach, QLD
Security: Residential property
Purpose: Business cash flow
Leverage: Approx. 60% LVR
Valuation: Desktop valuation only – no full valuation required
Turnaround: Fast and flexible funding
The borrower needed quick access to capital for business purposes and was unable to secure timely funding through traditional channels. Assurity Capital provided a tailored second mortgage solution, enabling the borrower to stabilise their cash flow and continue operating without disruption.
When to Use a Second Mortgage for Business Purposes
Private second mortgage loans are ideal for:
Accessing equity without refinancing the 1st mortgage
Raising capital for business expansion, payroll, or overheads
Fast funding based on property equity rather than income servicing
Borrowers needing flexibility in loan structure and timing
With desktop valuations and minimal documentation, Assurity Capital offers speed and certainty where mainstream lenders can’t.
About Assurity Capital
Assurity Capital is a trusted non-bank private lender providing 1st and 2nd mortgage private loans from $50,000 to $5,000,000. Since 2006, we’ve helped borrowers across Australia access property-secured funding quickly for business, investment, and development needs.
If you’re seeking private funding or a fast first or second mortgage, or if you're a broker needing a lender that can move quickly—Assurity Capital is ready to help.
📞 contact the team to learn how we can support your next transaction.
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