We provide for a wide range of business refinancing, some common reasons people apply for business refinancing loans are:
- Secure a more competitive interest rate
- Switch between variable/fixed rates
- Get access to equity from a property for extra working capital or funds
- Consolidate different debt into one loan
- Access to business cash flow and funds when needed.
Our brokers have over ten years’ expertise and knowledge of the lending and finance industry. We can assist you to access a multitude of lenders and work for you to secure the most competitive rates and deals.
What are the benefits of refinancing a business loan?
Overall, refinancing is an effective way to pay off any existing debt and improve your cash flow. Loan refinancing is a viable option worth exploring because it can offer a number of benefits such as:
- Lower monthly payments
- Lower interest rate
- Shorter loan term
- Access to new loan features
- Tax benefits and concessions
- Negative gearing
- Simpler depreciation benefit
- Line of credit
- Commercial loans
As businesses are all of different sizes and across different industry’s each loan situation is as unique as their business and their assets. Choosing the right business loan is a game changer to any business.
Why refinance with a finance broker?
Finance and mortgage brokers will do the legwork and lifting for you. A broker will not only do the research and provide you the information about loans and packages which are suitable to your circumstances, but can also arrange special deals with lenders and negotiate on your behalf.
An Finance And Property (FPS) broker will provide you with transparency across all of the loan set up and exit costs, which could include:
- Exit fees
- Early repayment fees.
- Application, Settlement and Valuation fees.
- Stamp duty.
- Government mortgage registration fees.
FPS brokers have helped many small, medium and large businesses in Australia get better loans. Come and speak to us about refinancing your business loan. We can offer you the peace of mind you are getting the professional, in depth and detailed advice about your refinancing options that you deserve.