Debt Consolidation Loans
At some stage businesses may wish to look at consolidating their existing debt, whether that’s from a combination of overdrafts, loans, cash advances or credit cards, business debt comes in different shapes, all with varying interest rates. A debt consolidation loan combines all your existing debt into a single more manageable and affordable loan, rather than having multiple debts with the aim of making repayments more affordable and in so doing improve business cash flow.
Consolidating existing debt provides the opportunity to renegotiate the terms of the debt. For example, this could be to increase or decrease the term of the loan dependent on the business’ needs, enabling better management of debts and cash flow.
Working with the most flexible and responsive lenders in the UK financial market we offer expert advice and provide both unsecured and secured business loan rates up to £36 million.