Business debt refinance guide
Business debt refinancing starts with the existing obligation
Explore whether eligible business debt could be refinanced into a structure that better fits cash flow, remaining asset life, and the original business purpose.
Lendstra is not a lender. Financing is offered by third-party lenders and is subject to underwriting, approval, and program requirements.
A clearer place to start
Refinancing replaces or restructures an existing obligation. A lower payment does not automatically mean a lower total cost, so the complete old and new obligations must be compared.
- Eligibility depends on the original debt and current business
- Term, fees, collateral, and total cost all matter
- SBA and conventional paths may be considered
Compare paths
Compare refinancing paths
The original use of funds, payment history, remaining balance, collateral, and requested outcome can determine what is available.
SBA 7(a) refinancing
Eligible business debt may be considered when the request satisfies program and lender requirements.
Learn moreCommercial loans
Explore conventional refinancing for eligible business assets and obligations.
Learn moreCommercial real estate
Review property-focused refinancing when commercial real estate supports the request.
Learn moreWorking capital
Separate a short-term operating need from a true debt-refinancing request.
Learn moreCommon goals
A refinance review may consider
Provide current statements and original loan documents so the lender can evaluate the exact obligations.
Extending repayment can reduce a periodic payment while increasing total cost. Compare payoff amounts, new fees, prepayment provisions, collateral, guarantees, and total repayment.
- Eligible term debt
- Commercial property debt
- Equipment obligations
- Business credit facilities
- Multiple eligible debts
- A maturing business obligation
What happens next
One starting point, then the right route
Tell us what you need
Share your financing goal, desired amount, and a few details about the business.
Get routed to the right path
The application flow uses your answers to direct you toward an appropriate next step.
Review available options
If there may be a fit, a financing specialist or lending partner can explain the requirements.
Questions, answered
Frequently asked questions
Can every business debt be refinanced?+
No. Eligibility depends on the original use, payment history, lender and program rules, remaining term, collateral, business condition, and the proposed benefit.
Will refinancing always save money?+
No. It may change payment timing or structure, but fees and a longer repayment period can increase total cost. The complete old and new obligations should be compared.
What documents are commonly needed?+
Lenders may request current statements, payoff information, original loan agreements, payment history, business financials, tax returns, debt schedules, and collateral information.
Can SBA financing refinance business debt?+
Certain eligible business debt may be refinanced under an SBA program when program and lender requirements are satisfied. The existing obligation must be reviewed.
Not sure which loan fits?
That is what the application path is for. Start with your goal and it will direct you to the most relevant next step.