Business Loan Refinancing in the UK – Compare, Consolidate, and Save Faster

Summary: Business loan refinancing can reduce monthly repayments, consolidate multiple debts and improve cash flow. Fast Business Loans connects UK limited companies and LLPs with specialist brokers and lenders who can provide tailored refinance options from around £10,000 and upward. Our introducer service is free, quick and non‑obligatory — complete a Free Eligibility Check to get matched and receive quotes fast. (Checking eligibility will not affect your credit score.)

Refinance: Quick overview & benefits

If high repayments, variable rates or complex multiple facilities are holding your business back, refinancing can help you take control. Fast Business Loans doesn’t lend — we quickly match limited companies and LLPs with brokers and lenders suited to refinance or consolidate business borrowing from around £10,000 up. Use our Free Eligibility Check to get matched and receive no‑obligation quotes from providers who may be able to reduce monthly costs, extend terms or consolidate debt.

Free Eligibility Check — takes under 2 minutes. Checking eligibility will not impact your credit score.

At-a-glance: Is refinancing right for your business?

• You want lower monthly repayments or improved cash flow.
• You’re carrying multiple loan and asset facilities you’d like to consolidate.
• You want to switch from a variable rate to a fixed rate for predictability.
• You’re seeking to release equity or restructure security on existing facilities.

If any of the above applies, a specialist broker may be able to help. For a quick tailored response, Get a tailored refinance quote in minutes.

What is business loan refinancing?

Refinancing means replacing one or more existing business borrowings with a new facility (or facilities) on different terms. That could be:

• Swapping an expensive loan for a lower‑cost facility.
• Consolidating several loans into a single repayment to simplify administration.
• Replacing short-term, higher-cost credit with a longer-term facility to improve monthly cash flow.

Refinancing is different from restructuring (which may change terms with the same lender) and from taking a brand‑new loan to fund growth. Outcomes vary by lender and company circumstances — refinancing could lower payments, fix the rate or release secured assets, but it may also involve arrangement fees or legal costs.

Fast Business Loans acts as an introducer: we connect you with brokers and lenders who will discuss options and, if appropriate, carry out credit assessments and checks.

How the Fast Business Loans matching service works

Step 1 – Share your goals

Complete a short enquiry form outlining your business, existing borrowings and what you want to achieve. We only need basic details to match you — there’s no hard credit search at this stage.

Step 2 – Instant match with specialist brokers

We connect you with lenders and brokers in our panel who regularly arrange refinancing for your industry and loan size (from about £10,000 upwards). They’ll review your situation and usually respond quickly by phone or email.

Step 3 – Compare offers & decide

Receive indicative quotes, ask questions, and compare options with no obligation. If you choose to proceed, the selected broker or lender will carry out further checks and complete the application.

Get Started — Free Eligibility Check

Key reasons businesses refinance existing borrowing

• Lower monthly repayments: extend term or secure a lower rate to ease cash flow pressure.
• Swap variable for fixed: reduce rate volatility and improve budgeting.
• Consolidate multiple facilities: reduce admin and simplify payments.
• Release secured assets: move from asset‑backed borrowing to unsecured where possible, or refinance property mortgages.
• Fund growth: release equity or restructure debt to free cash for expansion.

“Illustrative example: A Midlands manufacturer consolidated three asset loans into one facility, reducing monthly repayments and freeing management time to focus on production.” — illustrative only

Every situation is different and savings are not guaranteed. Brokers will provide tailored scenarios based on your accounts and existing loan terms.

Refinance products our broker network can access

• Secured refinance loans: asset‑ or property‑backed facilities for larger amounts and longer terms.
• Unsecured refinance loans: for smaller balances where security is not required (subject to eligibility).
• Invoice finance & refinancing: restructure invoice advances or switch providers to improve working capital.
• Asset refinance: release cash from equipment, vehicles or machinery through refinancing or sale-and-leaseback arrangements.
• Commercial mortgage refinance: refinance business property to obtain better mortgage terms or to release equity for investment.

Typical loan sizes vary by product and lender; our partners arrange facilities from around £10,000 to multi‑million commercial financings. Exact terms depend on lender underwriting and business risk.

Eligibility snapshot: who can apply?

• Limited companies and LLPs (we match corporate borrowers wanting business finance of £10,000+).
• Minimum trading history and turnover requirements vary by lender — some will consider businesses trading for 12 months or more, others require longer.
• Adverse credit: some brokers on our panel specialise in businesses with previous late payments or CCJs; eligibility and pricing will reflect the full circumstances.
• Typical documents: recent management accounts, bank statements, details of existing loan agreements, ID for directors where required.

There’s no hard credit check when you submit an enquiry — credit checks are only carried out by a lender or broker once you choose to proceed.

Check My Eligibility Today

What to expect from the refinancing process

1. Submit enquiry — same day matching.
2. Broker contact — typically within hours during business days.
3. Indicative offers — 1–3 days for initial terms (subject to documentation).
4. Underwriting and due diligence — timescales vary with secured facilities requiring valuations and legal work.
5. Completion & funds release — unsecured completes faster (days); complex secured refinancing may take several weeks.

Tips to speed up the process: have management accounts and loan statements ready, be clear about the outcome you want (lower payments, consolidation, release of security), and respond promptly to any information requests.

Refinance vs New Business Loan – Quick Comparison

Our matching service can source both refinance and new facilities depending on your goals.

Cost considerations & common fees

• Arrangement or facility fees charged by the lender.
• Broker fees — if charged, these will be disclosed up front by the broker.
• Early repayment charges on existing facilities — these can affect whether refinancing is beneficial.
• Valuation, legal and professional fees for secured deals (property or asset refinance).

Fast Business Loans’ introduction service is free for business owners. Any fees from lenders or brokers will be explained by them before you commit. Example scenarios may show savings after fees, but individual outcomes vary and cannot be guaranteed.

Sector spotlight: who we help refinance

We commonly arrange refinance introductions for a wide range of UK industries, including construction, hospitality, manufacturing, retail, logistics, healthcare and professional services. If you operate in a specialist sector, our panel includes brokers with niche expertise — tell us about your business so we can match you appropriately.

Speak to a specialist broker

Checklist: preparing for a successful refinancing application

• Gather recent management accounts and VAT returns (if applicable).
• Collect bank statements and existing loan statements showing balances and repayment schedules.
• Review existing loan agreements for early repayment charges or security clauses.
• Prepare a short explanation of why you want to refinance and what outcome you expect.
• Ensure company filings (Companies House) and director records are up to date.

Brokers can help interpret your financials and advise which options are realistic for your business.

Why choose Fast Business Loans for refinancing introductions?

We focus on matching businesses with proven lenders and brokers quickly and transparently. Our advantages:

• Fast matching — short enquiry, rapid broker contact.
• Sector-aware partners — we match to lenders who understand your industry.
• No cost to you for introductions, and no obligation to proceed.
• Data handled securely and shared only with relevant partners to protect confidentiality.

Start your no‑obligation refinance enquiry and see your options: Get Quote Now

Frequently asked questions

Will enquiring affect my credit score?

No. Submitting the Fast Business Loans enquiry does not create a hard credit search. Lenders or brokers will only perform credit checks if you choose to proceed.

Can I refinance if I have missed repayments?

Possibly. Some brokers specialise in supporting businesses with adverse credit histories. Eligibility and terms depend on a full review of circumstances.

How quickly can refinancing complete?

Unsecured refinances can sometimes complete in days after paperwork is supplied. Secured or property deals may take several weeks due to valuations and legal processes.

Do I need to provide security to refinance?

Not always. Our partners offer both unsecured and secured options. Security requirements depend on loan size, risk profile and lender policy.

What documents will brokers ask for?

Expect recent management accounts, bank statements, existing loan statements, and ID for company directors. Additional documentation may be required depending on the facility.

Does Fast Business Loans charge any fees?

Our introduction service is free to business owners. If a broker or lender charges a fee, they will disclose it clearly before you proceed.

Transparency & compliance commitment

Fast Business Loans is an introducer that connects businesses with lenders and brokers. We aim to present information that is fair, clear and not misleading. We encourage you to review all lender terms carefully, ask about fees and early repayment charges, and consider independent advice if appropriate. Your data is managed in line with our privacy policy and shared only with relevant partners to help progress your enquiry.

Ready to explore your refinance options?

Refinancing can be a practical way to reduce repayments, simplify borrowing or release cash for investment. To get a fast, no‑obligation view of your options, complete a short enquiry and we’ll match you to the most suitable brokers and lenders.

Get a Quote Now — it takes under 2 minutes. Fast Business Loans helps UK businesses find the right refinance solutions quickly and securely.

Learn more about typical refinance structures and scenarios on our dedicated refinance page: refinance loans.

Fast Business Loans is an introducer and does not provide lending or regulated financial advice. Finance is subject to status, provider terms and eligibility. For personalised loan terms and any credit checks, you will deal directly with the selected broker or lender.

1) Can I consolidate multiple business loans into one facility? – Yes—specialist brokers can consolidate several loans or asset finance agreements into a single repayment to simplify admin and improve cash flow.

2) Will the Free Eligibility Check affect my credit score? – No—the Fast Business Loans enquiry does not create a hard search, and credit checks only occur if you choose to proceed with a broker or lender.

3) How quickly can I get refinance quotes and complete the process? – You’ll typically receive indicative quotes within hours to a few days, with unsecured refinances completing in days and secured/property deals taking several weeks due to valuations and legal work.

4) What loan amounts can you help refinance? – Our partners consider refinance facilities from around £10,000 upward, with larger secured deals available for higher amounts.

5) Who is eligible to apply for business loan refinancing? – We match UK limited companies and LLPs, with minimum trading history and turnover requirements varying by lender (some from 12 months+).

6) Can I refinance if I have adverse credit or recent CCJs? – Possibly—some brokers specialise in adverse credit, but eligibility and pricing depend on a full assessment of your circumstances.

7) Do I need to provide security, or are unsecured refinance options available? – Both secured and unsecured refinance options are available, depending on loan size, risk profile and lender policy.

8) What costs and fees are involved in refinancing a business loan? – Potential costs include lender arrangement fees, broker fees (if charged), early repayment charges on existing loans, and valuation/legal fees for secured facilities.

9) What documents will I need to provide for a refinance? – Expect to provide recent management accounts, bank statements, existing loan statements and director ID, with additional documents requested for secured deals.

10) Is the Fast Business Loans enquiry an application, and am I obliged to proceed? – No—the enquiry is an information-only step to match you with suitable brokers and lenders, and there’s no obligation to proceed.