Refinance Business Loans: Restructure Your Existing Finance with Trusted UK Lenders
Summary: If rising repayments, multiple lenders or planned expansion are squeezing your cash flow, refinancing can lower monthly costs, consolidate debts or release equity. Fast Business Loans doesn’t lend — we match UK limited companies (typical facilities from £10,000+) with specialist lenders and brokers who can help. Submit a short, no‑obligation enquiry and get matched quickly for a Free Eligibility Check. Your enquiry is not an application — it’s information we use to connect you to the best providers for your situation.
Our Business Finance Matching Process
Step 1
Complete Your Details
It takes just 1 minute on average to complete your business and contact details.
Step 2
We Match Your Business
With the best business finance broker or lender most suitable for your needs.
Step 3
You Get Free Quote + Advice
You receive a free quote along with complimentary expert financial advice.
It’s fast and free to get a quote from one of the UK’s leading finance brokers / lenders who will contact you directly with your quote/s.
Last updated: November 2025
How Business Loan Refinancing Works in the UK
Refinancing replaces or restructures one or more existing business finance facilities with a new agreement. Objectives commonly include reducing monthly payments, moving to a lower rate, consolidating multiple lenders into a single repayment, switching facility types (for example from short‑term finance to a longer term loan) or releasing equity from property or assets.
Refinancing vs restructuring vs consolidation: refinancing typically means a new loan pays off the old; restructuring may renegotiate terms with the same lender; consolidation bundles many balances into one facility. Which approach suits you depends on your goals and the offers available from lenders and brokers.
Our Business Finance Matching Process
Step 1
Complete Your Details
It takes just 1 minute on average to complete your business and contact details.
Step 2
We Match Your Business
With the best business finance broker or lender most suitable for your needs.
Step 3
You Get Free Quote + Advice
You receive a free quote along with complimentary expert financial advice.
It’s fast and free to get a quote from one of the UK’s leading finance brokers / lenders who will contact you directly with your quote/s.
Free Eligibility Check — ready to compare offers in minutes?
Complete Our 1-Minute Enquiry Form Now – Get a No-Obligation Quote
When Should Your Business Consider Refinancing?
Refinancing is worth considering if any of these apply:
Rising costs & interest rates
If your variable‑rate facilities have become unaffordable, switching to a fixed or lower‑rate product can bring certainty and savings.
Complete Our 1-Minute Enquiry Form Now – Get a No-Obligation Quote
Multiple loans making cash flow tight
Multiple lenders and payment dates increase admin and pressure on cash flow — consolidating can simplify and reduce monthly outgoings.
Variable revenue or seasonal trading
Extending terms or moving to seasonal repayment profiles can stabilise cash flow.
Planning expansion or modernisation
Refinancing to release equity or reduce current repayments can free capital for growth projects.
Complete Our 1-Minute Enquiry Form Now – Get a No-Obligation Quote
Upcoming balloon or final payments
If a large final payment is looming, refinancing can convert that lump sum into manageable monthly payments.
Potential Benefits of Refinancing (and Where to Stay Cautious)
| Potential Advantage | What to Watch |
|---|---|
| Lower monthly payments | Longer term can increase total interest paid |
| Consolidation of multiple lenders | Arrangement fees and exit penalties may apply |
| Access to better rates or facilities | Eligibility depends on trading history and credit |
| Release equity for investment | Using property as security increases repossession risk |
| Move from variable to fixed rates | Fixed options can have higher headline rates and break costs |
Key cautions: check early repayment charges, arrangement and legal fees, potential personal guarantees and the overall cost over the life of the loan. If in doubt, seek independent professional advice before committing. Fast Business Loans will introduce you to brokers and lenders who can supply clear cost breakdowns before you sign.
Our Business Finance Matching Process
Step 1
Complete Your Details
It takes just 1 minute on average to complete your business and contact details.
Step 2
We Match Your Business
With the best business finance broker or lender most suitable for your needs.
Step 3
You Get Free Quote + Advice
You receive a free quote along with complimentary expert financial advice.
It’s fast and free to get a quote from one of the UK’s leading finance brokers / lenders who will contact you directly with your quote/s.
Complete Our 1-Minute Enquiry Form Now – Get a No-Obligation Quote
Our Business Finance Matching Process
Step 1
Complete Your Details
It takes just 1 minute on average to complete your business and contact details.
Step 2
We Match Your Business
With the best business finance broker or lender most suitable for your needs.
Step 3
You Get Free Quote + Advice
You receive a free quote along with complimentary expert financial advice.
It’s fast and free to get a quote from one of the UK’s leading finance brokers / lenders who will contact you directly with your quote/s.
Types of Business Refinancing We Can Introduce You To
Term loan refinance (secured / unsecured)
Overview: Replace an existing term loan with a new term loan at a different rate or term. Typical sizes: from £10,000 to several million. Security: unsecured options exist but secured loans may offer lower rates. Suited to established limited companies.
Asset refinance (equipment, vehicles, machinery)
Overview: Refinance or refinance‑lease existing asset finance to improve cash flow or upgrade equipment. Typical sizes vary by asset.
Invoice finance refinance / ledger refinance
Overview: Move to a more competitive invoice finance arrangement or consolidate multiple cashflow facilities.
Commercial mortgage refinance / property refinance
Overview: Refinance commercial property to reduce monthly mortgage payments, release equity, or switch lender. Process includes valuations and legal work and can take several weeks.
Merchant cash advance / revenue‑based facility refinance
Overview: Replacing a high‑cost, daily‑collection MCA with a structured loan can lower cost and stabilise repayments; availability depends on trading profile.
Match with specialist lenders in minutes – Start Your Enquiry
Step‑by‑Step: Fast Business Loans Refinance Journey
- Submit the quick enquiry form — basic business details, facility types, contact info. It takes under 2 minutes and is not an application.
- We match you — our platform connects you with vetted UK brokers and lenders suitable for your sector and need.
- Partner contact — brokers/lenders will contact you to discuss options and may request documents.
- Compare indicative terms — review rates, fees and terms. There’s no obligation to proceed.
- Funding & redemption — if you accept an offer, your new lender arranges funds and redeems existing debt.
We handle introductions only — there’s no fee to use our service and submitting an enquiry does not impact your credit score. Data is shared securely and only with relevant partners for matching purposes.
Eligibility & Information Checklist
Typical eligibility factors
- Trading history (often 12+ months preferred)
- Annual turnover and profitability
- Business credit profile and director credit history
- Availability of security or guarantees (if requested)
Documents & data to prepare
- Latest management accounts and/or statutory accounts
- Recent business bank statements (usually 3–6 months)
- Existing loan agreements and repayment schedules
- Asset lists and valuations (for asset or property refinance)
What if you have adverse credit?
Many lenders consider businesses with past credit issues; options may include secured facilities, specialist lenders or higher rates. Our matching process finds partners who understand diverse credit profiles.
Please seek independent advice if you are unsure about security or guarantees.
How Much Could Refinancing Save? (Worked Examples)
Example 1 — Manufacturing SME
Old: Two loans totalling £180,000 at blended rate 11% over 5 years = monthly payments circa £3,860. New: consolidated secured term loan £180,000 at 7.5% over 7 years = monthly payments circa £2,630. Monthly saving ≈ £1,230; watch uplift in total interest due to longer term.
Example 2 — Hospitality business
Old: Merchant cash advance + short-term facility costing effective APR 45%, monthly outflows £6,500. New: refinance to a longer term term loan at 12% = monthly £3,900. Immediate monthly cash flow improvement and predictable repayments.
Illustrations are indicative only. Actual outcomes depend on lender underwriting, fees and security. See your tailored options – Free Eligibility Check.
Costs, Charges, and Terms to Assess Carefully
- Interest rate: fixed vs variable
- Arrangement fees and broker fees
- Valuation, legal and conveyancing costs (property refinance)
- Early repayment or exit charges on existing facilities
- Personal guarantees and security implications
- Covenants which may restrict future trading decisions
We only introduce you to partners who will provide clear cost information during the quote stage. Always ensure you understand total cost and implications before proceeding.
Industries We Commonly Help Refinance
We frequently match businesses across construction, hospitality, retail, manufacturing, logistics, healthcare, agriculture, engineering and more. Each sector has lenders who specialise in its cashflow cycles — tell us about your sector and we’ll find the right matches.
Case Snapshots: Real‑World Outcomes
Case A — Builder reduced monthly repayments
Challenge: Multiple short-term facilities with high costs. Solution: Consolidated into a 5‑year secured loan. Result: Monthly payments fell by 35% and admin reduced from five lenders to one.
Case B — Café released working capital
Challenge: Needed capital for refit but had an expensive late‑term loan. Solution: Refinance to a property-backed mortgage release. Result: Funds released and monthly interest reduced.
Alternatives to Refinancing
If refinancing isn’t suitable, partners may suggest:
- Top‑up working capital loans
- Invoice finance advances
- Asset finance for new equipment
- Equity investment or shareholder loans
Discuss broader funding strategy with a matched broker to identify the best path.
Why UK Businesses Choose Fast Business Loans for Refinance Introductions
- Fast matching with lenders and brokers suited to your sector
- Verified partner panel and transparent introductions
- Quick process — enquiries take under 2 minutes
- Free to use and no obligation to proceed
- Help finding options for loans from around £10,000 upwards
Connect with trusted refinance specialists – Start Your Enquiry
Frequently Asked Questions on Business Loan Refinancing
What is the difference between refinancing and restructuring?
Refinancing replaces a facility with a new lender/loan. Restructuring renegotiates terms with the existing lender without a change in provider.
Will refinancing affect my credit score?
Submitting our enquiry does not affect your credit score. Lenders may perform credit checks later which can impact your record.
Do I need to provide security?
Not always. Unsecured options exist, but secured loans often provide better rates — availability depends on the lender and your circumstances.
How long does the process take?
Simple refinances can complete in days; commercial mortgages and property work can take several weeks due to legal and valuation steps.
Does Fast Business Loans charge a fee?
No — our introduction service is free to businesses. If you proceed, lenders/brokers may charge fees; we receive a commission from partners where applicable.
Ready to Explore Your Refinance Options?
If you want to lower monthly payments, simplify lenders or free capital for growth, start with a short enquiry and get matched to specialist brokers and lenders who understand your sector.
– What is a refinance business loan and how does it work in the UK? – It replaces one or more existing facilities with a new agreement to lower monthly repayments, consolidate debt, switch rates or release equity, with Fast Business Loans introducing you to specialist UK lenders and brokers who arrange it.
– Is Fast Business Loans a lender or adviser? – No; we’re a free matching service that connects UK businesses with trusted brokers and lenders, and we don’t lend money or provide financial advice.
– Will submitting an enquiry affect my credit score? – No, our quick enquiry is not an application and won’t impact your credit score, though lenders may run credit checks if you choose to proceed.
– How quickly can I complete a refinance? – Simple refinances can complete in days, while commercial mortgage/property refinances usually take several weeks due to valuations and legal work.
– What loan amounts are available for refinancing? – Typical refinance facilities start from around £10,000 and can reach several million, depending on your trading profile, security and lender appetite.
– Can I consolidate multiple loans or refinance a merchant cash advance? – Yes, consolidation and MCA refinancing are common, potentially replacing high-cost daily collections with a single, structured loan to stabilise cash flow.
– Do I need security or a personal guarantee? – Unsecured refinance is possible, but lenders may request security or personal guarantees to access lower rates or larger amounts.
– What are the eligibility criteria and what documents will I need? – Lenders typically assess trading history (often 12+ months), turnover, profitability and credit profiles, and will usually request 3–6 months of bank statements, management/statutory accounts, existing loan agreements and relevant asset/property valuations.
– What fees and costs should I expect when refinancing? – Compare interest (fixed vs variable), arrangement and broker fees, early repayment/exit charges and any legal/valuation costs to understand total cost over the loan term.
– What types of refinancing can you introduce me to? – We can connect you with term loan refinance (secured/unsecured), asset refinance, invoice finance refinance, merchant cash advance refinance and commercial mortgage/property refinance.