Refinance Business Loans: Restructure Debt with Trusted UK Lenders

Summary: Refinance business loans to reduce monthly repayments, consolidate multiple facilities, release asset equity or switch to better rates. Fast Business Loans is a specialist introducer that matches UK companies (minimum loans from £10,000) with brokers and lenders who can offer refinance solutions. Use our quick, free eligibility check to get matched and receive no‑obligation quotes.

Free Eligibility Check

Why UK Businesses Refinance

Refinancing is replacing or restructuring existing business borrowing to secure more suitable terms. Rather than taking new, unrelated debt, refinancing focuses on improving the terms of what you already owe — lower rates, extended terms, consolidated repayments or releasing capital tied up in assets.

• Lower monthly repayments or improved cash flow
• Consolidate multiple facilities into one repayment
• Release equity in property or equipment to invest in growth
• Switch from variable to fixed rates (or vice versa) to manage risk
• Resolve covenant issues or reduce day‑to‑day lender pressure

Outcomes vary by business and lender. All offers are subject to the introducing partner’s and lender’s assessment. Check Your Eligibility in 2 Minutes

How Fast Business Loans Supports Your Refinance Strategy

Fast Business Loans does not lend. We act as a specialist introducer, matching UK companies with lenders and brokers who can provide refinance solutions. Our role is to save you time and increase the chance of a suitable match.

1. Complete a short enquiry — takes around 2 minutes.
2. Our matching system and partnerships identify suitable lender/broker partners for your profile.
3. Selected partners contact you with next steps and indicative terms — no obligation.
4. Compare offers and proceed directly with the partner you choose.

We aim to be clear and fair: we won’t give regulated financial advice and we don’t decide applications — lenders do. Your details are shared only with partners likely to be able to help. Free Eligibility Check – No Impact on Credit Score

When Refinance Makes Sense

Improving Monthly Cash Flow

If high short‑term repayments are squeezing cashflow, refinancing to a lower monthly payment or longer term can ease pressure. This is common after periods of revenue disruption, seasonal dips or following a cash‑intensive expansion.

Tip: Use refinancing to align repayments with your invoice or sales cycles so you avoid seasonal shortfalls.

Consolidating Multiple Facilities

Combining several debts — business credit cards, merchant cash advances, bridging loans — into one facility simplifies admin and may reduce the daily/weekly drain on takings. Be aware: extending term may increase total interest paid.

Releasing Equity for Growth

Refinancing secured facilities (property or equipment) can free capital for stock, hiring or expansion. Lenders will consider asset values and may require valuations.

Switching Rate Types

Switching from a variable to a fixed rate can protect you from rising interest costs; switching the other way can be cheaper if you expect rates to fall. A broker can model scenarios to show probable outcomes.

Addressing Covenant Breaches or Arrears

If you risk breaching covenants or are in arrears, refinancing can be a proactive route to stabilise your position. Early engagement improves options — leave it too late and choices narrow.

Discuss Your Refinance Goals

Refinance Options We Can Introduce

We work with partners who specialise across sectors — construction, hospitality, manufacturing, transport and more. If you want specialist property refinance information see our /refinance-loans page for deeper guidance.

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What Lenders Review During a Refinance Application

• Trading history and recent management accounts
• Company filed accounts and turnover
• Cashflow forecasts and business plan showing savings from refinance
• Existing debt schedule and any early repayment charges
• Security, asset valuations and any outstanding liens
• Director(s) credit profiles and personal guarantees (if required)

Preparation tip: have recent bank statements, 12–24 months of accounts, copies of current facility letters and asset lists ready — this speeds up the process. Start Your No‑Obligation Enquiry

Fast Business Loans’ Matching Criteria

We match based on sector, turnover, loan size, security type and credit status. Our partners include brokers and lenders experienced in commercial and SME refinance work. We only share your details with partners likely to respond — you won’t be sent irrelevant approaches.

Typical industries we match: construction, manufacturing, hospitality, logistics, healthcare, retail and agriculture. Get Matched to Refinance Specialists

Costs, Fees, and Transparency

Refinancing can involve arrangement fees, broker fees, valuations, legal fees and potential early repayment charges on your existing facility. These costs vary by product and lender. Our introducing service for businesses is free — partners will disclose fees upfront so you can compare total cost vs benefit.

Remember: extending a term to reduce monthly repayments may raise total interest paid — a broker will show net savings scenarios. Request a Cost Comparison

Step-by-Step: From Enquiry to Funding

1. Complete enquiry: quick form (under 2 minutes).
2. Matching: we notify suitable partners (within hours).
3. Broker/lender consultation: discuss terms and documents (1–2 days).
4. Indicative terms: receive proposals (3–5 days).
5. Approval & legal: valuations and legal checks (1–3 weeks for secured deals).
6. Funding: funds released and old debt settled.

Timings are indicative and depend on product complexity. Start Your Enquiry

Case Snapshot: Refinance in Action

Example (anonymised): Midlands manufacturer with £325k of equipment loans was paying high monthly instalments across three lenders. Fast Business Loans matched them to a broker specialising in asset refinance. The broker negotiated a single asset‑backed term loan at a lower rate and extended term to match cashflow cycles. Result: monthly savings and £75k released for working capital. Outcomes are illustrative and depend on circumstances.

See What Rates You Could Qualify For

Checklist: Are You Ready to Refinance?

• Current loan & facility statements
• Latest management accounts and filed accounts
• VAT returns (if applicable) and bank statements
• Cashflow forecast and business plan
• Asset valuations (if refinancing secured facilities)
• Understanding of any early repayment penalties

Frequently Asked Questions

Will refinancing hurt my credit score?

Submitting an enquiry through Fast Business Loans does not impact credit. Formal lender applications may involve credit checks and your introducing partner will explain this before proceeding.

Can I refinance with a previous missed payment?

Some specialist lenders consider adverse credit if you can demonstrate affordability and improved cashflow. Your options depend on the severity and recency of missed payments.

How quickly can refinancing complete?

Simple unsecured refinances can complete in days; secured property or complex commercial refinancing often takes several weeks due to valuations and legal work.

Do I have to provide security?

Some refinance products are unsecured; others require property or asset security. The right route depends on loan size, existing obligations and lender appetite.

Can start-ups refinance business debt?

Many lenders focus on established trading history; however, some specialist providers and brokers work with younger businesses. Minimum loan sizes typically start at around £10,000.

What fees should I budget for?

Potential fees include arrangement fees, broker fees, valuation and legal costs, and any early repayment charges on existing loans. Partners should disclose fees upfront.

Do I have to accept any offer I receive?

No. You are under no obligation to accept proposals. Compare total cost, term and service before proceeding.

How does refinancing affect tax or accounting?

Refinancing can have tax implications depending on treatment of interest, capital allowances and accounting for assets. Consult an accountant for advice tailored to your situation.

Can government‑backed loans (e.g., BBLS) be refinanced?

Some lenders will refinance government‑backed loans; options depend on the loan terms and lender appetite. Disclosures and processes vary.

Is Fast Business Loans regulated by the FCA?

Fast Business Loans is an introducer that connects businesses to finance partners. Lenders and brokers set eligibility and terms; check with the partner about their regulatory status.

Ready to Explore Your Options? Start Your Enquiry

Why Businesses Choose Fast Business Loans

• Fast matching to specialist brokers and lenders
• Free, no‑obligation enquiry — quick responses
• Sector expertise across construction, hospitality, manufacturing, transport and more
• Clear, transparent partner communications about costs

Average response time: typically within a few hours during business days. Get a Free Eligibility Check Now

Important: Compliance & Transparency

Fast Business Loans is an introducer and does not provide regulated financial advice or lend money. All offers come from third‑party lenders/brokers and are subject to status and the partner’s terms. We encourage businesses to seek independent financial and tax advice where needed. We aim to be fair, clear and not misleading in our communications.

Ready to Start?

If you want to reduce repayments, consolidate debt, or release value from assets, start with a quick, free enquiry. It takes less than two minutes and won’t affect your credit score. We’ll match you to lenders or brokers who can provide tailored refinance quotes — you decide which, if any, to accept.

Get Quote Now — free eligibility check and no obligation.

– What is a refinance business loan?
It replaces or restructures your existing business borrowing to secure better rates, lower monthly repayments, consolidate debts, or release equity tied up in assets.

– How does Fast Business Loans work—are you a lender and is there any obligation?
Fast Business Loans is a UK introducer (not a lender) that offers a quick, free eligibility enquiry to match you with brokers/lenders, and you’re under no obligation to proceed.

– Will submitting an enquiry affect my credit score?
No—our free eligibility check doesn’t affect your credit score, and any credit searches only occur if you proceed with a lender.

– What loan sizes can I refinance?
We typically match UK businesses to refinance solutions from £10,000 up to multi‑million secured facilities, depending on product and profile.

– How quickly can refinancing complete?
Simple unsecured refinances can complete within days, while secured or commercial mortgage refinances usually take several weeks due to valuations and legal work.

– What documents will lenders ask for?
Lenders commonly request recent management and filed accounts, bank statements, a cashflow forecast or business plan, your existing debt schedule, and details of any security.

– Can I refinance if I have missed payments or adverse credit?
Yes—some specialist lenders consider adverse credit if you can demonstrate affordability and improved cash flow.

– Do I need security or a personal guarantee?
Some refinance options are unsecured, but many require property or asset security and may also involve a personal guarantee based on loan size and risk.

– Can I consolidate multiple business debts into one repayment?
Yes—refinancing can combine credit cards, merchant cash advances and other loans into a single facility, though extending the term may increase total interest paid.

– What fees should I expect when refinancing?
Typical costs include arrangement and broker fees, valuations, legal fees and any early repayment charges on existing facilities, while Fast Business Loans’ introducer service is free for businesses.