Refinance Business Loans in the UK – Compare Trusted Options Fast

Summary: Refinancing lets businesses restructure or replace existing borrowing to reduce costs, consolidate multiple facilities, release cash, or secure better terms. Fast Business Loans does not lend; we match UK companies (loans from about £10,000 upwards) with brokers and lenders who can explore refinance options. Complete a short, free enquiry and we’ll introduce you to the right partners — no obligation and no impact to your credit score when enquiring.

Fast Business Loans is an introducer. We do not provide loans or financial advice. All lending is subject to lender terms, status and affordability checks. Submitting an enquiry is free and for matching purposes only.

Why businesses choose to refinance

Refinancing existing business borrowing is a common step when companies want to improve cash flow, reduce monthly payments, or simplify debt management. Typical reasons include:

• Lowering interest costs by switching to a cheaper lender or negotiating a new rate.
• Consolidating multiple facilities (loans, merchant cash advances, overdrafts) into one manageable facility.
• Extending or shortening loan terms to better match cashflow and business plans.
• Replacing expensive short-term or bridging finance with longer-term funding.
• Releasing director guarantees or changing security arrangements.
• Freeing up cash tied to assets by refinancing secured facilities.

Each business is different — refinancing that’s right for one company may not suit another. That’s why matching with a broker who understands your sector can speed finding the right solution.

Free Eligibility Check

How Fast Business Loans helps you refinance

We act as a streamlined introducer between your business and a panel of UK brokers and lenders. Our process is designed to be fast, transparent and non-binding:

Step 1 — Share your goals

Complete a short enquiry telling us about the borrowing you want to refinance, loan sizes (we typically handle requests from around £10,000 and up), security in place, and your target outcomes (lower monthly cost, consolidate, release equity etc.). Your enquiry is only used to match you with relevant partners.

Step 2 — We match you with appropriate brokers

We select brokers and lenders that specialise in your sector and refinance type so you get targeted conversations, not generic pitches. Matches are based on the information you provide — the more accurate, the better the match.

Step 3 — Review tailored offers

Matched partners will contact you with options. Offers are provided directly by brokers/lenders — you decide whether to proceed. There’s no charge for using our matching service.

Step 4 — Complete with your chosen provider

If you accept an offer, your selected broker/lender will manage the application, due diligence and completion process. Timescales vary but many refinancing deals can conclude in days to weeks depending on complexity.

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Popular refinance scenarios we support

We often help businesses with the following refinance needs (illustrative examples):

• Consolidating merchant cash advances — swap high-cost MCA facilities into a structured loan to improve monthly cashflow.
• Replacing bridging finance — move short-term bridge loans onto longer-term commercial mortgages or business loans.
• Refinancing asset or equipment loans — restructure asset finance to better match operational life or free cash for upgrades.
• Commercial mortgage refinancing — remortgage property to obtain better rates or release equity for growth.
• Invoice finance restructure — switch providers or move from one facility type to another to reduce fees or increase limits.
• Director guarantee / security rework — work with brokers to explore options that reduce personal exposure where possible.
• Consolidating multiple facilities — simplify repayments by combining overdrafts, loans and other borrowings into a single facility.
• Restructuring debt for growth — refinance existing loans to free working capital for expansion plans.

Typical loan sizes vary by scenario, sector and security — we routinely handle requests from £10k upwards into the millions through specialist partners. Tell us what you’d like to restructure and we’ll match you with brokers who can help: Start your refinance enquiry.

Eligibility & information lenders may request

Each lender has different requirements, but common items include:

• Trading history — many lenders prefer established businesses, but specialist providers work with younger companies too.
• Management accounts and historic accounts — typically 6–12 months of management accounts and up to 3 years of statutory accounts where available.
• Business bank statements — recent statements to evidence turnover and cashflow.
• Details of existing borrowing — balances, interest rates, repayment profile and any early repayment charges.
• Information on security — property or asset valuations if applicable.
• Director information — personal credit checks, previous CCJs or defaults may be considered.

Providing complete, accurate information improves matching and speeds decisions. Submitting an enquiry through Fast Business Loans does not trigger a hard credit search; lenders may run checks only when you progress an application.

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What does business refinancing cost?

Refinancing costs vary. Typical charges and variables are:

• Interest rate — fixed or variable; negotiated rate depends on credit risk, security and loan term.
• Arrangement fees — fees charged by lenders often deducted from the facility.
• Valuation and legal fees — for property-backed refinance there are valuation and solicitor costs.
• Early repayment charges — check existing loan agreements for penalties that could offset savings.
• Broker fees — some brokers charge fees; any fees will be disclosed by the broker you choose.

Example (illustrative only): refinancing a £250,000 facility at a lower rate might save £X per month, but if an early repayment charge of £3,000 applies the net saving should be calculated over the remaining term. Always request full illustrations from brokers and read terms carefully.

Important: Fast Business Loans does not charge businesses to be matched. Any fees will be made clear by the partner you select.

Working with Fast Business Loans: trust & transparency

We prioritise clear, fair and non-misleading communication. Key points:

• We are an introducer — we do not lend and we do not provide regulated financial advice.
• Your enquiry is used only to match you with lenders/brokers who may be able to help.
• We recommend you review offers carefully and consider independent legal/financial advice if unsure.
• We handle data securely and only share details with partners relevant to your request.

Case study example: A UK manufacturing firm refinanced a £250k loan within 14 days after being matched with a sector specialist broker. Individual results vary.

Benefits of refinancing through our broker network

1. Sector-specific expertise — brokers who understand your trade and risks.
2. Access to specialist lenders beyond the high street.
3. Faster potential turnaround — brokers manage documentation and negotiations.
4. Flexible security & structuring options depending on goals.
5. Support with paperwork and lender conversations.

Talk to Refinance Specialists

Risks & considerations before you refinance

Refinancing can offer benefits, but be mindful of:

• Upfront fees or early repayment charges that may reduce immediate savings.
• Longer loan terms may lower monthly payments but increase total interest paid.
• Use of security or director guarantees can increase personal exposure.
• Variable rates involve interest rate risk; fixed rates remove that uncertainty but may have higher initial cost.

Always compare full cost illustrations, read lender documentation and consider independent advice for complex restructures.

How to get started

1) Click the Free Eligibility Check link below. 2) Complete a short enquiry (about 2 minutes). 3) We’ll match you with brokers/lenders who can explore options. 4) Review offers and choose the one that fits your business.

Get Started — Free Eligibility Check

Frequently Asked Questions on business refinancing

Is refinancing right if I have poor credit?

Possibly. Specialist lenders and brokers on our panel work with a range of credit profiles. Outcomes depend on overall business performance, security available and the nature of past credit issues. Submit an enquiry to see suitable matches.

Can I refinance government-backed facilities (eg. Recovery Loan Scheme)?

Rules vary by loan type and lender. Some facilities can be repaid and replaced, others may carry restrictions. Your matched broker can advise based on your specific loan.

How long does a refinance take?

Simple unsecured or small secured deals can complete in days; larger property or complex restructures can take several weeks. Speed depends on documentation, valuations and legal work.

Do you work with sole traders or professionals?

Fast Business Loans focuses on limited companies and other business structures — we do not support sole trader refinancing on this page.

Will refinancing remove personal guarantees?

Not always. Some refinancing solutions can reduce or remove guarantees but this depends on lender appetite and security offered. Discuss options with your broker.

What are typical minimum and maximum loan sizes?

We commonly handle requests from around £10,000 upwards; our partners can arrange facilities ranging from small business loans to multi-million commercial arrangements.

Does my enquiry affect my credit score?

No — submitting a Fast Business Loans enquiry does not trigger a hard credit search. Lenders may carry out checks later if you proceed with an application.

Does Fast Business Loans charge me?

No. Our matching service is free for business owners. Any broker or lender fees will be clearly explained by the provider you select.

Resources & next steps

• Business Loans overview
• UK Government business finance guidance (external link, rel=”nofollow noopener”)
• Read more about refinancing options on our refinance-loans page.

Prefer to talk? Submit the short enquiry and a finance specialist will call to discuss suitable refinance options.

Fast Business Loans is a trading style of Fast Business Loans Ltd. We are not a lender and we do not provide regulated financial advice. All finance is subject to status, lender terms and affordability checks. Your enquiry will be shared only with selected UK brokers and lenders relevant to your request. See our Privacy Policy and Terms & Conditions.
– What is business loan refinancing and how does it work in the UK?
Refinancing replaces or restructures your existing UK business borrowing to lower costs, consolidate debt, release cash, or secure better terms with a new facility or lender.

– How does Fast Business Loans help with business refinance?
Fast Business Loans is a free introducer that matches your company with trusted UK brokers and lenders for refinance and debt consolidation, with no obligation to proceed.

– Will submitting an enquiry affect my credit score?
No—our short enquiry is for matching only and won’t trigger a hard credit search, though lenders may run checks if you move forward with an application.

– How long does business refinancing take?
Simple unsecured or small secured refinances can complete in days, while property-backed or complex restructures typically take a few weeks.

– Can I consolidate multiple facilities like loans, overdrafts, or merchant cash advances?
Yes—our broker network regularly consolidates MCAs, overdrafts, and other borrowings into a single, more manageable facility.

– What information do lenders usually need for a refinance?
Lenders typically ask for recent bank statements, management and statutory accounts, details of existing borrowing and security, and basic director credit checks.

– What costs and fees should I expect when refinancing?
Overall cost can include the interest rate, lender arrangement fees, valuation and legal fees for secured deals, any early repayment charges, and any disclosed broker fees.

– Can I refinance with poor credit or previous CCJs?
Specialist UK lenders may still help based on overall business performance and available security, and we’ll match you with brokers suited to your profile.

– Will refinancing remove personal guarantees?
Not always—some solutions can reduce or remove director guarantees, depending on lender appetite, security, and the structure proposed by your broker.

– Does it cost anything to use Fast Business Loans and am I obliged to proceed?
Our matching service is free and there’s no obligation; your enquiry is not an application, and you choose whether to proceed with any offer.