Consolidate Business Debt

If your business has multiple debts or is looking to reduce its debt repayments, a debt consolidation business loan can streamline and lower your interest repayments. This can save your business money and help you get out of debt sooner.

Debt consolidation is the process of incorporating multiple debts or loans into one, with the goal of making it easier to manage repayments, reduce the cost of the debt, or refinance your existing loans with more favourable terms. As with personal debt, you can use a business loan to consolidate your business's debt into a single loan.