Business Loan Refinancing and Debt Consolidation
Check eligibility
in 20 seconds
Apply online
in 2 mins
Decisions in
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Borrow between
£10,000 - £250,000
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Simplify Your Repayments and Improve Cashflow with a Consolidation Loan
Managing multiple business loans can create pressure on cashflow and make day-to-day operations harder to plan. Short-term borrowing, merchant cash advances, revenue-based loans and stacked finance agreements can quickly become difficult to manage especially when repayments are taken daily or weekly.
A refinancing or business debt consolidation loan allows you to replace several existing debts with one structured, affordable repayment. This helps reduce monthly costs, stabilise cashflow and give your business greater financial control.
What Is Business Loan Refinancing & Debt Consolidation?
Business loan refinancing involves taking out a new loan to repay one or more existing debts. Debt consolidation specifically refers to combining multiple loans into a single agreement with one predictable repayment.
These solutions are designed to help businesses reduce repayment pressure, lower the overall cost of borrowing and make financial management simpler. They are especially useful when a company has accumulated several short-term or higher-cost loans and wants to streamline repayments into a more manageable structure.
How Does Business Loan Refinancing Work?
1. Apply in Minutes
During your application, lenders typically request:
- Basic business details
- Six months of business bank statements
- Your latest full year-end accounts
- A breakdown of your existing loans and repayment amounts
This ensures lenders understand your current commitments and financial position.
2. Lender Assessment
Lenders review factors such as:
- Revenue consistency and trading performance
- Current repayment obligations
- Cashflow stability
- Affordability of a single consolidated repayment
- Sector risk and financial resilience
This assessment helps determine a repayment plan that supports long-term stability.
3. Repayments
Once approved, your new lender will typically:
- Pay off your existing lenders directly, or
- Release funds to you to settle the balances
You then repay one new loan with:
- A fixed monthly repayment
- A clear repayment term
- A structured plan designed to support your cashflow
This replaces multiple unpredictable payments with one affordable, predictable installment.
When Should You Consider Refinancing or Consolidating Business Debt?
Refinancing can be especially helpful when your business is stable but struggling with repayment pressure. Common scenarios include:
- Managing multiple existing business loans
- Replacing expensive short-term borrowing
- Consolidating merchant cash advances (MCAs)
- Reducing daily or weekly repayment commitments
- Lowering interest costs and improving cashflow
- Simplifying loan administration across multiple lenders
- Restructuring borrowing ahead of growth or investment
- Moving from variable to fixed repayments
Refinancing is a practical way to regain control, stabilise operations and plan confidently for the future.
Who Is Business Loan Refinancing Suitable For?
A refinancing or consolidation loan may be suitable if:
- You have several short-term or high-cost loans
- Your current repayments are affecting cashflow
- You want one simple repayment rather than multiple commitments
- Your business has consistent revenue but needs breathing space
- You’ve taken merchant cash advances and want predictable monthly costs
- You want to reduce borrowing costs or extend the repayment term
- You’re seeking a clearer financial structure to support future growth
This product is ideal for SMEs that are trading well but feel constrained by current debt repayments.
Why Choose Us for Business Loan Refinancing & Consolidation?
At Century Business Finance, we understand the challenges businesses face when managing multiple loans or high-frequency repayments. Our team will assess your current commitments and match you with lenders from our panel who specialise in refinancing and debt consolidation.
We keep the process simple, fast and supportive with minimal paperwork, transparent guidance and quick decisions. You can apply online in just a couple of minutes, with a dedicated Account Manager available to help if needed. Once approved, lenders can often settle your existing debts the same day, giving you immediate financial clarity.
Ready to explore Refinancing or Consolidating Your Business Loans?
If you’d like tailored advice or want to check your eligibility for this type of product or any other Business Finance, speak to the Century Business Finance team today.
We’ll compare lenders from our panel and help you secure a refinancing solution that reduces repayment pressure and supports long-term financial stability.
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