Refinance and consolidate business borrowing
Juggling several facilities, or stuck on an expensive short-term deal that is eating your cash flow? Refinancing rolls what you owe into one cleaner facility, often with a single, more manageable payment. It does not always save money, and we will tell you honestly when it does not. We introduce limited companies and LLPs to a panel of lenders and do the maths with you first.
By the CapExpand Team, led by Alex Beardsley
·Updated June 2026
One payment
Instead of several
Free cash flow
Breathing room
Ltd & LLP
Who we help
Honest maths
We tell you if it won’t help
Several payments restructured into one that actually fits.The short version
Refinancing is worth it when it genuinely lowers your cost or frees up cash flow you badly need, and a waste of time when it just shuffles the debt around at a hidden cost. The only way to know is to compare the full cost of staying put against the full cost of moving, settlement charges and all. We do that maths and give it to you straight, even when the answer is leave it as it is.
What it is
Refinancing means taking out a new facility to pay off existing borrowing, ideally on better terms. Consolidation is the version where several debts become one. The aim is usually a lower payment, a single bill instead of many, or moving off a product that no longer suits you. It is the financial equivalent of tidying up a messy desk so you can actually work.
When it makes sense
Lower the payments
Spread the balance over a longer term or onto a cheaper rate to ease the monthly squeeze.
Consolidate facilities
Turn several payments into one, so you have one date, one balance and one point of contact.
Release equity
Refinance an asset or property you part-own to pull working capital back out of it.
Escape an expensive deal
Move off a costly short-term product onto something built for where the business is now.
Consolidating stacked advances
Here is one we see a lot. A business takes a merchant cash advance, then a second to plug a gap, then a third, and before long several lenders are taking a slice of the daily card takings. That stacking can quietly choke a perfectly good business. There is barely anything left at the end of the week.
Refinancing those stacked advances into a single, properly structured facility can give you back room to breathe. Whether it saves money overall depends on the settlement figures on the existing advances versus the cost of the new facility, so we work that out before recommending anything. If consolidating only moves the problem rather than fixing it, we will say so.
The catches
A lower monthly payment can hide a higher total cost if you simply stretch the term. Existing facilities may carry early settlement charges. And a new application means a credit check. None of these rule refinancing out, but they all belong in the decision, which is why we put the real numbers in front of you rather than a tempting headline.
A note on who we take on
We currently work with UK limited companies and LLPs only, on a non-regulated basis. We are not authorised by the Financial Conduct Authority. If your business is in genuine financial difficulty, free help is available from Business Debtline.
How it works
List what you owe
Your current facilities, balances and monthly payments, plus recent bank statements. Two minutes on the form or a call.
We do the comparison
We work out the full cost of staying put against a refinance, settlement charges included.
You see the real picture
If it helps, we show you the options. If it does not, we tell you to leave it alone.
Switch and simplify
If you go ahead, the new facility settles the old, and you carry on with cleaner terms.
Common questions
What does refinancing a business loan mean?▼
Replacing one or more existing facilities with a new one. People do it to lower their monthly payments, roll several debts into a single payment, release some equity, or move off an expensive short-term product onto something more sensible. The new facility pays off the old, and you carry on with cleaner terms.
Can I consolidate several merchant cash advances into one facility?▼
Often, yes, and it is one of the most common reasons businesses come to us. If you have stacked two, three or more advances and the daily or weekly deductions are strangling cash flow, consolidating them into a single structured facility can free up breathing room. Whether it saves money overall depends on the cost of the new facility versus the settlement figures on the old ones, which is exactly what we work out for you.
Will refinancing actually save me money?▼
Not always, and we will tell you straight if it will not. The new facility might have a lower rate, or it might just spread the cost over longer so the monthly drops while the total rises. There can also be early settlement charges on the existing debt. The honest answer comes from comparing the full cost of staying put against the full cost of refinancing, and we do that maths before you commit.
Does refinancing hurt my credit?▼
A new application involves a credit check, which can leave a footprint, and settling old facilities changes your credit profile. Done sensibly, refinancing onto more manageable payments usually helps your position over time. We will flag any checks before they happen.
Are there early repayment charges on my current borrowing?▼
Sometimes. Some facilities let you settle early at the outstanding balance, others charge a fee or include interest you cannot avoid. We factor any settlement penalties into the comparison so the saving you see is the real saving, not a headline that ignores the exit cost.
What do you need from me to look at refinancing?▼
A list of your current facilities with balances and monthly payments, recent business bank statements, and a bit about your turnover and trading. From that we can quickly see whether a refinance is worth pursuing and what it might look like.
Is business refinancing FCA regulated?▼
Refinancing business borrowing for a limited company or LLP for commercial purposes is generally not regulated as consumer credit. Merchant cash advances are not FCA regulated. CapExpand only introduces limited companies and LLPs on a non-regulated basis and is not an FCA-authorised firm.
Does CapExpand lend the money?▼
No. We are not a lender. We introduce UK limited companies and LLPs to a panel of lenders and help you compare a refinance against staying as you are. The lender pays us a commission if a facility completes, never you.
Sources
- British Business Bank, business finance guidance
- FCA, consumer credit and business lending
- Bank of England, base rate
- Business Debtline, free business debt advice
Important information
CapExpand Ltd is not authorised by the Financial Conduct Authority and can only complete non-regulated introductions. We work with UK limited companies and LLPs only, for business purposes. Merchant cash advances are not FCA regulated. We are not a lender and we do not provide financial, tax or legal advice or debt counselling. We work with a panel of lenders whose particulars are available on request, and we receive commission from the lender if a facility completes, at no cost to you. All lending is subject to status and the lender's own checks.
Too many payments going out?
Send us your current facilities and we'll work out whether a refinance genuinely helps. Free to use, no obligation, and we'll be straight with you.