Managing multiple repayments can make it hard to stay on top of your finances.
Our Business Debt Consolidation Loans help you simplify your outgoings by combining various business loans, credit lines, or other forms of debt into a single monthly repayment.
It’s a smart way to reduce financial stress and regain control of your cash flow.
What is a Business Debt Consolidation Loan?
A business debt consolidation loan allows you to take out a single loan to repay multiple existing business debts. Instead of juggling different repayment dates, interest rates, and lenders, you make one fixed monthly repayment.
This type of loan is ideal for business owners looking to simplify repayments, potentially reduce borrowing costs, and gain greater visibility over their finances.
Is Debt Consolidation Right for Your Business?
Are you managing several loans or credit facilities?
Do you want to reduce monthly outgoings or interest costs?
Do you need more structured financial planning?
Will you have a clear plan for repaying the new loan?
Then consolidating business debt could help, provided it meets your business’s needs.
“The team overseeing my facility demonstrated exceptional diligence, provided comprehensive information throughout the process, and displayed remarkable efficiency, completing the transaction in less than three weeks with minimal correspondence – less than five emails in total. Their performance was nothing short of superb, delivering excellence from inception to completion.”
Debt Consolidation - A Real Life Example:
Business Type: Utility Infrastructure – Construction Projects for Electricity & Telecommunications
Trading: 9 years
Size: £1.6M turnover, 5–10 employees
The Challenge
This established utility construction firm approached Funding Pool looking to consolidate several expensive debts. Their goal was to reduce monthly repayments and secure a longer-term facility at a more competitive rate. While there wasn’t a critical cash flow issue, the sooner the restructure could take place, the better for forward planning and operational investment.
They had already approached their bank but were declined without much engagement.
Result Highlights:
£350,000 unsecured facility secured in under three weeks
Minimal admin: fewer than five emails exchanged
Over £30,000/month saved on previous repayments
Cash flow improvement and investment in new equipment
Returned five months later for additional funding
Debt Consolidation - A Real Life Example:
Business Type: Utility Infrastructure – Construction Projects for Electricity & Telecommunications
Trading: 9 years
Size: £1.6M turnover, 5–10 employees
The Challenge
This established utility construction firm approached Funding Pool looking to consolidate several expensive debts. Their goal was to reduce monthly repayments and secure a longer-term facility at a more competitive rate. While there wasn’t a critical cash flow issue, the sooner the restructure could take place, the better for forward planning and operational investment.
They had already approached their bank but were declined without much engagement.
Result Highlights:
£350,000 unsecured facility secured in under three weeks
Minimal admin: fewer than five emails exchanged
Over £30,000/month saved on previous repayments
Cash flow improvement and investment in new equipment
Returned five months later for additional funding
“The team overseeing my facility demonstrated exceptional diligence, provided comprehensive information throughout the process, and displayed remarkable efficiency, completing the transaction in less than three weeks with minimal correspondence – less than five emails in total. Their performance was nothing short of superb, delivering excellence from inception to completion.”
Benefits of Consolidating Business Debt
Debt Consolidation Loans can be a valuable tool for small and medium-sized businesses looking to gain more control over their outgoings. Key benefits of Debt Consolidation Loans:
- One Monthly Repayment
Managing several loan repayments each month – often with different due dates and amounts – can lead to confusion, missed payments, and unnecessary stress. Consolidating your debts into one monthly repayment makes it easier to track your outgoings, manage your direct debits, and avoid late payment fees. It also frees up time and mental space so you can focus on running your business instead of juggling accounts.
- Potential Cost Savings
By consolidating higher-interest or short-term loans into one facility with more competitive terms, you may reduce your total interest payable over time. Many business owners use consolidation to swap multiple costly debts (such as merchant cash advances or overdrafts) for a single, lower-cost loan.
In some cases, this also means reducing fees like early repayment penalties, admin charges, or account maintenance costs that can accumulate across multiple facilities.
Note: Cost savings depend on the interest rate, term, and structure of the new loan compared with your existing debts.
- Improved Financial Control
Knowing exactly what you owe and when it’s due is essential to maintaining healthy business finances. Debt consolidation helps you create a more structured, predictable repayment schedule – making it easier to plan ahead, avoid cash flow shocks, and take on new projects with confidence. Many of our clients tell us it brings much-needed clarity to their monthly finances and helps them feel more in control.
- Support Your Credit Profile
Multiple debts with different lenders increase the risk of missed or late payments, which can impact your business credit score. By consolidating into one manageable loan, you reduce this complexity and the chance of administrative errors. Maintaining regular, on-time repayments with your new loan may help demonstrate financial reliability to credit agencies and improve your company’s credit profile over time – making future borrowing easier and potentially cheaper.
How does the application process work?
To apply for a business debt consolidation loan, start by completing our online form. We’ll ask you some basic information about your business and based on this information, we’ll match you with suitable lenders who can provide business loans up to £750,000+.
What are the eligibility criteria for debt consolidation business loans?
Eligibility criteria for business debt consolidation loans vary depending on the lender and the type of loan you require. However, in general, lenders will look for businesses with a solid trading history (36mths+) and a steady or positive cash flow. You may also need to provide financial statements and other documentation to support your application.
Important Information
Consolidating existing borrowing may extend the repayment term and increase the total amount repayable. Make sure the loan meets your long-term business needs and speak with your accountant or adviser if unsure.
What are the interest rates and repayment terms for debt consolidation business loans?
Interest rates and repayment terms for debt consolidation business loans vary depending on the Bank of England Base Rate, the lender and the type of loan you require. For example, unsecured loans typically have higher interest rates than secured loans, as they are riskier for the lender. Repayment terms may range from one to several years, depending on the loan amount and the lender.
How quickly can I get access to funds?
The time it takes to receive funds varies depending on the lender and the type of loan you require. Some lenders may offer same-day funding, while others may take longer. Complete our short form below to get started.
Ready to apply for a debt consolidation business loan?
If you’re ready to apply for a debt consolidation business loan, simply complete our enquiry form.
If you have any questions, our team is here to help. Contact us by phone or email, to learn more about how we can help your business grow.
