TOOLS

Funding Circle Refinance ^Calculator

A Funding Circle refinance calculator is a simple tool that helps you see how much you could save by refinancing a loan through Funding Circle. It shows your potential new payments and interest savings so you can decide if refinancing makes sense. Give it a try to find out if you can lower your loan costs!

Secure up to £500,000 in with Funding Agent.

Quick and easy application process
Loan disbursed within 24 hours
No additional charges for early repayment

How to use the refinance calculator

Enter your loan details

Add your remaining balance, your current monthly payment, then choose the new loan term in months and the new interest rate. This refinance calculator uses those inputs to model a realistic business loan refinance scenario, so you can see how a change in term or rate could affect repayments.

Review your results instantly

As soon as you enter your numbers, the business loan refinance calculator shows your estimated new monthly payment, your monthly savings compared to your current loan, and your total savings over the full refinance term. Use these figures to quickly judge whether refinancing could improve cash flow or reduce the overall cost of borrowing.

Adjust, compare, and use the refinance calculator to plan next steps

Change the loan term slider and interest rate to compare multiple refinance options and find a repayment that fits your budget. Once you have a scenario you like, save or copy the results to discuss with your accountant, broker, or lender, then continue with your refinance process when you are ready.

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Benefits of using the Funding Circle refinance calculator?

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Use this when you are exploring refinancing with Funding Circle, or comparing peer to peer style business loans against bank and fintech options. It lets you test different refinance amounts, terms, and rates to estimate repayments and total borrowing cost, so you can see whether refinancing would reduce your monthly outgoings, consolidate existing borrowing, or improve cash flow predictability.

Simplifies refinancing process

Provides accurate calculations

Saves time and money

Get Funding for your business

Generate offers

Standard Business Loan Refinance

What are the types of funding circle refinance?

Refinancing an existing business loan into a new loan with different terms through Funding Circle.

What are the types of funding circle refinance?

This involves paying off an existing business loan with a new Funding Circle loan, often to secure a lower interest rate, improved terms, or to consolidate debt for easier management.

Debt Consolidation Refinance

Combining multiple business debts into a single Funding Circle loan.

Debt Consolidation Refinance

Debt consolidation refinance allows borrowers to group several debts into one loan with Funding Circle, simplifying payments and potentially reducing overall costs with a better rate or longer term.

Early Refinance

Refinancing an active Funding Circle loan before its term ends, often to take advantage of better terms.

Early Refinance

Early refinance lets existing borrowers replace their current Funding Circle loan with a new one, aiming for lower rates, longer repayment periods, or more favorable terms before the original loan matures.

What is a funding circle refinance loan?

What is Funding Circle Refinance?

Funding Circle refinance means replacing an existing business loan or debt with a new loan from Funding Circle. This allows businesses to pay off their old loans and take advantage of new terms or rates.

Main Benefits of Funding Circle Refinance

Key benefits include saving money through better interest rates, lowering monthly repayments by extending the loan term, and consolidating multiple debts into a single, simple monthly payment. Fixed rates and a straightforward online application process make it easy for businesses to manage their finances.

Eligibility and Requirements

To qualify, businesses generally need to have a minimum annual turnover (such as £200,000), at least three years of trading history, and generate most revenue from business activities. The debt to be refinanced must be registered to the business, not an individual.