Refinancing
Restructure, consolidate or replace existing business borrowing.
Refinancing involves replacing an existing facility with a new one, typically to secure different terms, consolidate multiple commitments or release funds from an asset that has increased in value.
Understanding refinancing.
The suitability of refinancing depends on the current position, the reason for the change and how the new arrangement would improve the overall financial picture.
Amworth is an introducer, not a lender. Nothing on this page is advice, an offer, or an indication that finance will be available to your business.
Real businesses, real timing, real trading patterns.
Whether it fits, and how it can be built.
General indicators only. Providers set their own criteria and reach their own decisions.
This may be worth exploring if…
- An existing facility is due for renewal and you want to compare options
- You have multiple commitments that would benefit from being consolidated
- The business has strengthened since the original borrowing was arranged
Common structures within the category
- 01
Term loan refinance
Replacing an existing term loan with a new facility, potentially on different terms or with a different provider.
- 02
Commercial mortgage refinance
Replacing a commercial mortgage at maturity, or moving to a new provider to secure different terms.
- 03
Asset refinance
Raising funds against an asset the business already owns, releasing capital that is currently tied up.
What a provider wants to understand before deciding.
- Purpose of the funding and how it supports the business
- Trading history and turnover
- Profitability and repayment capacity
- Existing borrowing and commitments
- Credit profile of the business and its directors
- Any security available, including personal guarantees
- The current facility being replaced and its remaining terms
- Any early repayment charges or exit fees on the existing arrangement
Costs vary by provider, product, amount, term and the risk presented. We do not quote rates on this website because pricing is set by the provider following their own assessment. Some facilities are unsecured; others require security over an asset, a debenture, or a personal guarantee. Any costs, fees and security requirements are set out by the provider in writing before you commit.
Documents worth having to hand
Checklist- Latest filed accounts
- Recent management accounts, where available
- Three to six months of business bank statements
- A short summary of what the funding is for
- Details of existing finance agreements
- Details of the existing facility being refinanced
- A copy of the current agreement, where available
Nothing here is mandatory before you contact us — it simply makes the first conversation more productive.
Refinancing — frequently asked
Related finance routes
Talk through refinancing for your business.
Share the purpose, approximate amount and preferred timing. We will review the requirement and discuss possible next steps.