TPP Global offers funding solutions for business borrowers in exchange for second-ranking mortgage security over real estate assets and other tangible property.
Our indicative terms for second mortgage loan facilities are as follows:
Type
Second Mortgage Facility
Facility size
$100k to $10 million
Interest rate
From 14.0% per annum plus fees
Term
3-12 months with the option to renew
Security
Second-ranking registered security interest
Release the equity from your property
Second-mortgage loans are a fast way of releasing equity from real estate which has sufficient net value after the first-ranking mortgage amount is taken into consideration.
TPP Global can provide you fast access to a financing facility by leveraging the value in your real estate portfolio. This is a common way business owners access capital to help with their business growth or refinancing objectives.
Fast turnaround
We have legal resources on-hand to deploy contracts and capital promptly subject to borrowers satisfying standard due diligence requirements.
Apply Now
If your business is seeking access to funding via a second-mortgage loan facility, please complete our Funding Request form and one of our team members will be in touch.