Business Debt Consolodation
Save up to 75% on your monthly payments with refinancing
Are you overwhelmed by short-term, unsecured loans that are becoming impossible to manage? By refinancing your outstanding loans, you can reduce your monthly payments by up to 75%, giving you the breathing room you need to regain control of your finances and focus on growing your business.
Lower your monthly loan payments by 75%: refinance your outstanding loans today
Many UK businesses are struggling to keep up with high-interest debts and multiple loan repayments that make managing cash flow a daily battle. The good news is, you don’t have to continue down this path. Through debt consolidation for UK businesses and strategic refinancing, you can simplify your financial situation and significantly reduce your monthly repayments.
I specialise in helping businesses just like yours tailor a refinancing package that suits your needs. Whether you’re looking to consolidate multiple business loans or restructure your current debt for better terms, I’ll work with you to find a solution that takes the pressure off your cash flow, giving you the room to breathe.
How does debt consolidation work for UK businesses?
Debt consolidation for UK businesses works by refinancing your existing debts into a new loan with more favourable terms. Typically, this means securing a loan with a lower interest rate and extending the repayment period. As a result, you’ll pay less each month and have more breathing room to manage your day-to-day operations.
For example, if you’ve taken out multiple short-term, high-interest loans to cover urgent business needs, those repayments can quickly pile up. Instead of continuing to struggle under that weight, refinancing your business debt gives you the opportunity to negotiate better terms, lower your interest rates, and potentially save your business thousands in the long run.
- Lower Monthly Payments: One of the biggest benefits of business debt consolidation is the reduction in monthly payments. By refinancing, you can reduce your monthly payments by up to 75%, freeing up cash that can be reinvested into your business or used to stabilise your operations.
- Simplified Repayment: Managing multiple loans with different interest rates and payment schedules can be a logistical nightmare. Consolidating your debts into one manageable loan simplifies the process, helping you stay on top of payments and avoid missed deadlines.
- Improved Cash Flow: High loan repayments can choke your business’s cash flow, making it difficult to pay for everyday expenses, invest in growth, or cover unexpected costs. Refinancing your loans can improve your cash flow, giving you the flexibility to move your business forward.
- Lower Interest Rates: Many businesses accumulate debt through high-interest, short-term loans. Refinancing your business debt allows you to replace those costly loans with a loan at a lower interest rate, which can save your business thousands over the life of the loan.
- Better Loan Terms: When you refinance your debt, you can also secure better loan terms, including longer repayment periods. This means you can spread your payments out over time, making them much more manageable on a monthly basis.
Tailored debt consolidation packages for your business
No two businesses are alike, and that’s why a one-size-fits-all solution simply doesn’t work when it comes to debt consolidation and refinancing. My job is to understand the unique challenges and opportunities your business faces, and then tailor a refinancing package that meets your specific needs.
Comprehensive Assessment: I’ll start by reviewing your current debts, cash flow, and financial situation to identify the best course of action for your business. This includes determining which debts can be consolidated and finding the right refinancing options to suit your goals.
Access to a Range of Lenders: I work with a wide network of lenders across the UK, which allows me to negotiate the best terms for your business. Whether you’re looking to refinance commercial loans, unsecured loans, or a combination of debts, I’ll help you secure the most favourable rates and terms available.
Personalised Service: I don’t believe in cookie-cutter solutions. I’ll work closely with you throughout the entire process, providing personalised advice and support every step of the way. My goal is to make the refinancing process as smooth and hassle-free as possible.
Ready to save up to 75% on your loan repayments? Let’s make it happen!
Testimonials from firms like yours:
We approached 4 brokers with the same proposition, but it was obvious we should engage with Mark Smillie at Ringrose Business Finance. He was frank and honest about what he could achieve and had a real can-do attitude. With his knowledge and network, we were introduced to a top-notch specialist and our application was successful. Mark’s personal touches before, during and after the process is something you rarely get these days. I can’t recommend Mark highly enough.
“Mark Smillie is very positive and straightforward to work with. He knew exactly who to put us in touch with to get the business finance product we needed. It was a painless process and we are very pleased with the product that was put together for us. We are already recommending his refreshingly personalised service to other businesses.”
“We went to Mark for business finance after being let down by other brokers who promised the world and never delivered. Mark was the first genuine specialist we met, and the only broker who actually did what he said he would. He gets the finer details right. We were introduced to an expert for our particular scenario and successful with finance for our eCommerce business. Mark will listen and advise on the best solution – it may even be one you didn’t know existed. Mightily impressed that he even arranged an independent follow-up call for feedback on his service. No hesitation in recommending Mark.”
“Mark Smillie came up trumps and delivered a finance package in very challenging circumstances. It’s easy to think his success stories are too good to be true, but I now know from experience that he is an approachable, real person that you can speak to directly. His service is excellent and he knows his stuff. We worked with one of his trusted, specialist contacts as part of securing the deal and they scored 10 out of 10 too. Highly recommended.”
“We’re very pleased with the financial solution Mark delivered for us and we still keep the direct relationship with our clients as a result. As a young and growing business, we hadn’t held out much hope of being able to find the support we needed, but having done some research, Mark was confident he could help. He’s definitely the go-to person for invoice finance.”
“Mark totally exceeded my expectations. He was amazingly responsive to every phone call and email, gave great advice without judgement, and was very honest about my position and how he could help. He introduced me to a wonderful specialist, Leanne, who was very good and delivered the finance I needed. I felt supported by Mark every step of the way, I just don’t have a bad word to say – it was all super smooth!”
Group of Engineering Companies
“So good we recommend him to other Companies”
“Mark Smillie is very good at what he does – you can’t fault his helpfulness and inside knowledge on finance companies. We would definitely go back to him again with any business finance requirements and do recommend him to other companies.”