Refinance Your Commercial Loan — Better Rates, Better Terms

Consider refinancing when: your current rate is uncompetitive, your business has grown and you qualify for better terms, you want to consolidate debt, your loan term is expiring, you want to release equity from your commercial property, or you want to switch from variable to fixed (or vice versa).

Savings depend on your loan size, the rate difference, and remaining term. On a $1M commercial loan, a 0.5% rate reduction saves approximately $5,000 per year in interest. Break costs on fixed rates and legal/valuation fees need to be factored into your payback analysis.

Yes — commercial property loans can be refinanced to a new lender or renegotiated with your existing lender. We review your current terms, run a market comparison, and manage the full refinance process from application to settlement.

Typically: last 2 years of business financials (P&L and balance sheet), last 2 years of personal tax returns, current loan statements, property valuation (we arrange this), and bank statements. For low-doc refinances, fewer documents may be required.

A credit enquiry is made when you apply to a new lender, which may have a minor short-term impact. However, a successful refinance to a lower rate and better terms generally improves your financial position and long-term credit profile.