Refinance Business Loans & Finance in the UK

Summary: Refinance business loans let companies replace, consolidate or restructure existing borrowing to reduce monthly repayments, lower interest costs, or simplify cash flow. Fast Business Loans does not lend money — we quickly match UK businesses (loans from £10,000+) with the most suitable lenders and brokers for refinance solutions. Complete a short, obligation-free enquiry to get a free eligibility check and fast matched quotes from specialist providers.

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What is business refinancing?

Business refinancing means replacing or restructuring existing business borrowing to obtain better terms, reduce monthly payments, consolidate several obligations into one facility, or release equity secured in assets or property. Typical refinance outcomes include moving to a lower interest rate, stretching repayments to free up cash flow, or consolidating multiple facilities (loans, invoice finance, merchant advances) into a single product that’s easier to manage.

Why consider refinancing your business loan?

Refinancing can solve common problems businesses face with legacy debt or short-term, high-cost borrowing. Common drivers include:

• Reduce monthly repayments — extending term or securing a lower rate can improve immediate cash flow.
• Secure better interest rates or terms — if market rates fall or your credit profile improves you may access better deals.
• Simplify finance — consolidate multiple debts (loans, facilities, merchant cash advances) into one repayment and one provider relationship.
• Release equity — refinance against assets or property to unlock funds for growth or working capital.

Thinking about refinancing? Request a no-obligation refinance quote — our short enquiry helps us match you with brokers and lenders who specialise in your situation.

When is refinancing right for your business?

Refinancing may be a good option when one or more of the following apply:

• Your current rates are high compared to market benchmarks.
• You’re nearing the end of a fixed-rate period and want to secure a new long-term rate.
• Your business credit profile or profitability has improved since you took the original loan.
• You have multiple expensive facilities and want to simplify repayments.
• You need to release capital from assets to fund growth.

Important caution: review early repayment charges, arrangement fees, and any legal or valuation costs. A lower monthly payment over a longer term may increase the total amount repaid — so compare the total cost carefully.

Business refinance options we can introduce

Through our network of brokers and lenders we can introduce businesses to refinance solutions across a number of product types:

Business loan refinancing

Replace an existing unsecured or secured term loan with a new facility that offers a lower rate, improved covenant structure or a more convenient repayment schedule.

Asset refinance

Revalue and refinance business assets — machinery, vehicles or equipment — to repay high-cost debt or to free working capital while keeping the assets in use.

Commercial mortgage refinance

Remortgage commercial property to obtain lower mortgage rates, extend the term, or release equity to invest in the business or premises.

Invoice finance refinance

Switch or restructure an invoice finance facility to improve advance rates, reduce fees or consolidate multiple facilities into one. This is useful where businesses want smoother ongoing cashflow management.

Merchant cash advance refinance

Restructure expensive short-term merchant advances into a longer-term loan with lower effective costs where possible.

Fast Business Loans introduces businesses to brokers and lenders who specialise in these areas — we do not provide loans or financial advice ourselves. If you want to explore specialist refinance loans, complete our short enquiry and we’ll match you to the right partners.

How the Fast Business Loans process works

1. Complete a short enquiry — tell us a few details about your business, the debt you want to refinance and your goals. This is not an application and does not impact your credit score.
2. We match you — we connect your enquiry to selected lenders and brokers that best suit your sector and objectives.
3. Receive responses — matched partners typically contact you by phone or email to discuss options and may request documents to provide a quote.
4. Compare and decide — review the offers and proceed directly with the broker or lender you choose. There’s no obligation to accept any offer.

Start your quick enquiry — it takes less than 2 minutes.

Eligibility & requirements for refinance loans

Eligibility varies by lender and product, but brokers commonly assess:

• Business profile: trading history, annual turnover and recent profit/loss performance.
• Existing debt status: outstanding balances, remaining term and payment history.
• Security available: assets, property or guarantees that lenders may accept.
• Credit profile: business and director credit records — our initial matching check is soft and won’t affect scores.

We work with a wide panel so even if a business has had refusals elsewhere, there may be suitable refinance options available. Note: Fast Business Loans typically supports enquiries for facilities of £10,000 and above.

Costs & considerations

Before refinancing, consider the total cost and practical impacts:

• Interest and arrangement fees: new rates and upfront fees vary by lender — request full breakdowns.
• Early repayment charges: some existing loans include penalties for early settlement that may offset expected savings.
• Valuation, legal & admin costs: property or asset refinancing usually requires valuations and legal work.
• Longer-term cost vs short-term relief: lowering monthly payments by extending a loan can increase total interest paid over the loan life.

Always ask lenders/brokers for a clear illustration of the total amount repayable and any fees. Fast Business Loans helps you get matched quickly so you can compare complete proposals from expert providers.

Benefits of using Fast Business Loans for refinancing

• Speed: save time by being matched with lenders who specialise in refinance solutions.
• Choice: access a panel of brokers and lenders — increasing the chance of finding competitive terms.
• Free service: submitting an enquiry costs nothing and is obligation-free.
• Sector expertise: we match you with partners that understand your industry and financing needs.

Get Quote Now — Free Eligibility Check

Real-world scenarios & results

Manufacturer: asset refinance

A medium-sized manufacturer refinanced plant and machinery to pay off a high-rate overdraft. Outcome: monthly interest cost fell and working capital stabilised, enabling predictable cashflow during seasonal demand.

Hospitality operator: debt consolidation

A restaurant group consolidated several short-term loans and merchant cash advances into a single term facility. Outcome: one monthly repayment, improved budgeting and lower effective monthly costs.

Retailer: commercial mortgage refinance

A retailer remortgaged its premises to release equity for a new store fit-out. Outcome: capital freed without disrupting trading, financed through a competitive mortgage rate.

Illustrative outcomes only — results vary by lender, product, and individual circumstances.

Step-by-step: preparing your refinance enquiry

To speed up matching and quotes, gather:

• Recent business bank statements (3–6 months)
• Latest management accounts or annual accounts
• Details of existing loans: balances, monthly repayments, and term remaining
• Information on assets you may offer as security (valuations if available)
• Clear goal for refinance (reduce repayments, consolidate, release equity)

When ready, complete our short enquiry and we’ll introduce you to the most relevant lenders and brokers.

Frequently asked questions

Will refinancing affect my credit score?

Submitting an enquiry with Fast Business Loans does not affect your credit score — it is a soft introduction. Lenders or brokers may perform credit checks if you proceed with an application and agree to them.

Can I refinance with adverse or imperfect credit?

Yes. Some lenders specialise in refinance solutions for businesses with past credit issues, though rates and terms will reflect risk, security and affordability. Our matching process aims to connect you with appropriate specialists.

How quickly can a refinance complete?

Timeframes vary: unsecured loan refinancing may complete in days once documentation is provided; property-backed refinancing usually takes longer due to valuations and legal checks (several weeks is typical).

What’s the difference between refinancing and restructuring?

Refinancing replaces an existing debt with another facility. Restructuring can include amendments to existing loan terms with your current lender (e.g., payment holiday, covenant changes). Brokers can advise which approach suits you.

Is there obligation after I submit an enquiry?

No — submitting an enquiry is free and non-binding. You’ll be connected with lenders/brokers who may contact you with options; you decide whether to proceed.

Conclusion & next steps

Refinancing can deliver meaningful cashflow and cost benefits, but the right solution depends on the full cost, fees and your business goals. Fast Business Loans helps you explore options quickly by introducing you to specialist lenders and brokers — we don’t lend or provide regulated financial advice.

Ready to explore refinance options? Get your free eligibility check — complete a short enquiry and we’ll match you to the best lenders and brokers for your needs.

Trust & transparency: Fast Business Loans is an introducer connecting UK businesses with lenders and brokers. We do not provide loans or give regulated financial advice. Your enquiry is used only to match you with suitable partners and will not affect your credit score.

– What is business refinancing?
Business refinancing replaces or restructures your existing business borrowing to secure better terms, lower monthly repayments, consolidate debts, or release equity from assets or property.

– How does Fast Business Loans work—are you a lender?
Fast Business Loans is not a lender; we’re an introducer that uses your short, obligation-free enquiry to match your UK business (loans from £10,000+) with suitable brokers and lenders for refinance quotes.

– Will submitting an enquiry affect my credit score?
No—our enquiry is a soft introduction that doesn’t impact your score, and any credit checks only occur if you proceed with a broker or lender and give consent.

– What refinance options can you help with?
We can introduce you to business loan refinancing, asset refinance, commercial mortgage refinance, invoice finance refinance, and merchant cash advance refinance.

– Can I refinance with adverse credit or after a decline?
Yes, some specialist lenders consider businesses with imperfect credit or previous declines, though rates and terms will reflect risk, security and affordability.

– How quickly can a business refinance complete?
Unsecured refinancing can complete in days once documents are supplied, while property or asset-backed refinance typically takes several weeks due to valuations and legal work.

– What costs and fees should I consider before refinancing?
Compare interest rates, arrangement fees, early repayment charges on existing loans, and any valuation, legal or admin costs, and assess total repayable versus monthly savings.

– Can I consolidate multiple loans or merchant cash advances into one?
Yes, refinancing can consolidate multiple loans, invoice finance and merchant cash advances into a single facility to simplify cash flow and potentially reduce monthly costs.

– What documents do I need to prepare for a refinance quote?
Usually 3–6 months of business bank statements, recent accounts, details of existing facilities (balances, repayments, remaining term), and any asset or property security information.

– What is the minimum loan size and who is eligible?
We typically support refinance enquiries of £10,000 or more for UK businesses, with lenders assessing trading history, credit profile, existing debt performance and available security.