Rates move. Your situation moves. If you're sitting on a loan that doesn't suit you anymore, refinancing can free up cashflow or shorten the term.
Refinancing means moving an existing loan to a new lender — usually for a sharper rate, a shorter term, lower repayments, or to consolidate multiple debts into one.
It only makes sense if the maths actually stack up. We'll run the numbers honestly. If the savings don't outweigh the costs, we'll tell you to stay put.
Drop the rate, lower the repayment, or both.
Often a quick win if your situation has improved.
Multiple small debts into one cleaner monthly payment.
Free up working capital from owned business assets.
Consolidate fleet finance onto cleaner terms.
Approaching a balloon payment? We'll explore the options.
Statement, balance, rate, repayment, term remaining.
Real comparison including any payout or new-loan costs.
If it doesn't save you money, we'll be the first to say.
Payout the old lender, draw down the new — minimal disruption.
Usually a payout fee on the existing loan, plus standard establishment costs on the new one. We'll lay both out so you can see the true break-even point.
A formal new application does create an enquiry on your credit file. The longer-term impact is usually neutral or positive if it improves your debt position.
Yes — most consumer loans allow early payout. Some commercial loans have break costs; we'll always check before recommending.
We can refinance the balloon as a fresh loan, often at a sharper rate than rolling over with the existing lender. Talk to us before it falls due.
Depends entirely on your current rate, balance and remaining term. Send the details — we'll do the numbers, no obligation.
No obligation, no pressure — just a quick chat to see if we can help.