At some stage some businesses may look at or need to consolidate their existing debt. This is where all business debts are consolidated into one debt or where various debts are restructured with a view to making repayments more affordable and in doing so allows a business to find more favourable rates and have one repayment rather than several ones.
Refinancing can also provide directors with the opportunity to renegotiate the terms of their debts, to lengthen or shorten the term, dependent on the business’ needs. This can help a business deal with their cash flow and their debts much better.
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 from £500 to £36 million.
We always take a ‘whole of market’ approach and are bold enough to claim that ” if we can’t secure you finance then it can’t be done”.