When should I try to refinance my small business loan?

The best time to attempt to refinance your small business loan is when the interest rate drops to a more favourable rate. However, you may also refinance your loan in order to make smaller monthly payments over a longer period of time, or to consolidate multiple debt payments. These are all valid reasons as to why one might seek out refinancing for their small business loan. Not every lender will be open to refinancing, however, and they are the ones who will ultimately decide if you qualify for refinancing. If you have any further questions regarding refinancing, you can ring us up at 020 3880 8554 or submit the information request our web site’s email contact form.

There are hundreds of government funding schemes available for small business owners in the UK. In fact, our Funding Database currently has over 600 government funding schemes and over 500 private investors available for small business owners and startup entrepreneurs. What are you doing to take advantage of this? Become a member and start your search.

Take advantage of the Small Business Startup Assessment Tool below and see the tools and resources you need to succeed at starting your small business. It just takes 30 seconds and will also tell you if there may be any funding assistance available.

Be sure to look at the hundreds of daily questions and answers we have from entrepreneurs like you who want to learn more about starting a business, creating a business plan, searching for funding. Our small business experts take the time to answer each and every single question, so if you have something on your mind – we can help!

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