TOOLS

Unsecured Business Loan Refinance ^Calculator

An unsecured refinance calculator for business loans helps you estimate your new monthly payments when you refinance a business loan without collateral. It's a handy tool to see how much you could save or adjust your payments. Want to find out how refinancing could work for you? Give it a try!

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.

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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.

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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 unsecured business loan refinance calculator?

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Use this when you are considering refinancing with Barclays, or you want to compare a high street bank option against other lenders. It helps you model repayments across different terms and rates, check how changes in borrowing cost impact your monthly budget, and understand whether moving to a bank refinance structure could lower your total interest or simply spread repayments over longer.

No collateral required

Simplified application process

Lower interest rates

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Unsecured Term Loan Refinance

What are the types of unsecured refinance business loan?

A lump-sum loan used to pay off existing business debt, with fixed payments and no collateral required.

What are the types of unsecured refinance business loan?

Unsecured term loans allow businesses to refinance multiple debts into one fixed-rate loan, simplifying repayments. No collateral is needed, but approval depends on creditworthiness and business performance.

Unsecured Line of Credit Refinance

A revolving credit line used to pay off existing debts, offering flexible access to funds with no collateral.

Unsecured Line of Credit Refinance

Unsecured lines of credit allow businesses to refinance debt and access funds as needed. They offer flexible repayment and reuse, suitable for businesses with fluctuating cash flow who need ongoing access to capital.

Merchant Cash Advance (MCA) Refinance

A lump sum provided in exchange for a percentage of future sales, used to refinance existing debt without collateral.

Merchant Cash Advance (MCA) Refinance

MCAs are used to refinance high-cost debt quickly. Repayment is tied to daily sales, making them accessible for businesses with weak credit but may carry high fees and short repayment terms.

What is an unsecured refinance business loan?

No Collateral Required

Unsecured refinance business loans do not need you to put up any assets, like property or equipment, as collateral. Approval focuses on your creditworthiness and business financial health rather than physical guarantees.

Debt Consolidation and Flexibility

You can use an unsecured refinance loan to combine multiple business debts into a single loan, potentially lowering interest rates and monthly payments. This can simplify your finances and improve cash flow, making repayments more predictable and manageable.

Higher Costs and Stricter Requirements

Unsecured refinance loans usually come with higher interest rates and may have shorter repayment terms or lower loan amounts than secured options. Lenders might require a personal guarantee and evaluate your credit history carefully since they are taking on more risk.