How Fast Business Loans Simplifies Business Loan Refinancing

Refinancing can be time-consuming: different lenders, varying documents and unclear eligibility. We streamline that process by acting as a fast introducer — you provide a few key details and we match you with brokers and lenders who understand your sector and requirements.

Quick overview — our 4-step approach

1. Complete a short enquiry (takes under 2 minutes).
2. We match your case to suitable lenders and brokers from our panel.
3. Matched partners contact you with possible terms or to request further documents.
4. Compare proposals and progress with the provider that best suits your business.

Important: Your enquiry is not an application. It’s information used to find suitable providers. Start your Free Eligibility Check now: Get Started Free Eligibility Check.

Fast Business Loans is an introducer, not a lender. We don’t give regulated financial advice. Submitting an enquiry will not affect your credit score.

When Does Refinancing a Business Loan Make Sense?

Consider refinancing when your current borrowing is costing your business time, cash flow or flexibility. Typical triggers include:

• Higher than market interest rates on existing loans.
• Multiple facilities with different lenders creating admin and cashflow pressure.
• Nearing a balloon or maturity payment that you can’t cover from operations.
• Desire to lengthen the term to reduce monthly repayments.
• Need to release equity from commercial property or assets.
• Restructuring debt after a period of slower trading.

Example: a manufacturing firm with several asset loans and a merchant cash advance may refinance into a single term facility with a lower blended rate, reducing total monthly outlay and simplifying administration.

Types of Refinance Solutions We Can Introduce

Depending on your needs, our partners can offer a range of refinance options. We match your enquiry to the right specialists who handle each type.

Secured refinancing (property or asset-backed)

Use commercial property or business assets as security to access lower rates or larger facilities. Ideal for businesses with tangible collateral that want longer terms.

Unsecured term loan refinancing

For businesses that prefer not to re‑mortgage or provide security, unsecured refinancing is possible when credit profile and cashflow allow. These usually suit businesses seeking simplicity rather than maximum borrowing size.

Debt consolidation / restructuring

Combine multiple debts (commercial loans, asset finance, merchant advances) into one managed facility to improve cashflow predictability.

Refinance of government-backed facilities and special cases

Some lenders can assist in refinancing or restructuring the impact of past support facilities — options vary and depend on lender appetite and eligibility.

Learn more about refinance-specific products and typical lender approaches on our specialist page at /refinance-loans.

Benefits and Considerations – A Balanced View

Important to remember: refinancing can save money but may also extend total interest paid over a longer term. Always compare full costs and get clarity from the lender or broker you speak to.

Free Eligibility Check — tell us a few details and we’ll match you to suitable refinance partners.

Who We Work With

Our panel includes specialist brokers and lenders who serve a broad range of UK industries. For refinance enquiries we commonly work with partners experienced in:

• Construction and building services
• Manufacturing and engineering
• Logistics, transport and fleet finance
• Hospitality, pubs and restaurants
• Agriculture and land-based businesses
• Retail and e-commerce

We match your sector and loan size (from around £10,000 upwards) to partners who know your trade and typical cashflow patterns.

What Lenders Look For in a Refinance Application

Being prepared speeds up the process. Typical documentation and information lenders or brokers will request includes:

• Recent management accounts and latest year-end accounts.
• Business bank statements (usually 3–6 months).
• Cashflow forecast or sales pipeline where available.
• Schedule of existing debts, balances and repayment terms.
• Details of security (property, machinery, stock) and valuations if applicable.
• Director/shareholder personal details and credit history.

Tip: prepare a concise debt schedule showing current lenders, balances and monthly payments — this helps brokers produce faster comparisons.

Get Matched in Minutes – Our No‑Obligation Process

Here’s a typical timeline once you submit an enquiry:

1. Day 0: You submit a short enquiry via our secure form.
2. Day 0–1: We match you to the most relevant lenders/brokers and share your enquiry (with consent).
3. Day 1–3: Matched partners contact you for further details or to provide indicative terms.
4. Day 3 onwards: Compare quotes and choose the partner you want to progress with.

Ready to see what you could be offered? Get Quote Now — takes under two minutes and will not affect your credit score.

Real-World Scenarios We’ve Helped With

Construction contractor — Consolidated three asset and equipment loans into a single secured refinance facility of £300,000. Outcome: one monthly payment, lower blended interest and freed working capital for two new contracts.

Independent hotel group — Re-mortgaged commercial property and refinanced a short-term bridge loan to a longer-term facility. Outcome: removed short-term pressure and reduced monthly interest costs.

Note: these are anonymised examples for illustration. Fast Business Loans introduced the business to a broker/lender — the lender completed the deal directly.

Your Questions Answered – Business Refinance FAQs

Can I refinance multiple business loans into one?

Yes. Consolidation is a common refinance objective. It can simplify repayments and potentially lower monthly costs, depending on rates and fees.

Will refinancing hurt my credit score?

Submitting an enquiry here does not affect your credit score. Lenders may perform checks later if you proceed — they’ll advise you in advance.

How long does refinancing take?

Simple refinances can be completed in a few weeks; more complex secured facilities may take longer due to valuations and legal work.

What fees should I budget for?

Possible fees include arrangement fees, legal costs, valuations and early repayment charges on existing facilities. Your matched lender or broker will provide a clear breakdown.

Can start-ups refinance?

Options for newer businesses are more limited but some lenders and specialist brokers work with businesses that have been trading for shorter periods — eligibility depends on sector, turnover and collateral.

Is collateral always required?

No. Unsecured refinance options exist, but secured options (property, plant, stock) typically allow access to larger facilities or lower rates.

How do you choose which broker or lender to introduce?

We match based on sector experience, loan size, and likely appetite for your case. Our goal is to connect you to partners most likely to provide a usable quote quickly.

More questions? Start your enquiry: Free Eligibility Check.

Ready to Explore Your Refinance Options?

If you want to reduce repayments, consolidate borrowing or refinance secured facilities, we can match you to lenders and brokers who specialise in business refinance. The process is quick, free and no obligation.

Get Started – Free Eligibility Check

Fast Business Loans acts as an introducer connecting your business to lenders and brokers. We do not provide loans or regulated financial advice. Our service is free to business owners; we may receive a commission from the partner you choose. All finance is subject to status and affordability. Submitting an enquiry will not affect your credit score. For privacy details, see our Privacy Policy and Terms on the site.