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Refinance

When you need greater flexibility

How Refinance works


Refinancing works by revising or replacing the terms of a single existing credit agreement that you currently have with another provider, which will then be restructured to suit your individual circumstances. 

Who is Refinance for?  


Refinance is suitable for professionals looking to refinance the current terms of an agreement, including interest rates, payment schedules and/or other terms. Loans and car loans are often considered for refinance.

Benefits of Refinance include:

  • Pay over a longer time: We will settle your existing finance deal you have with another funder, creating a new agreement at terms that suit your needs and budget
  • Fixed costs: The costs are fixed, so there won't be any surprises while you're repaying the loan
  • Lower payments: You may be able to secure lower monthly repayment terms, leaving you with more cash to invest in your business
  • Flexibility: Repayment terms can be tailored to suit your individual circumstances

An example of how Refinance can work for you…

Imagine you are a funeral director that has a hearse on finance, and you are coming to the end of the agreement but have decided you want to keep using the vehicle. A balloon payment is due however rather than paying it in full, you want to spread the costs, and you approach us to refinance the vehicle.

This option allows you uninterrupted use of the asset and at the end of the refinance agreement you will own the vehicle outright.

How to apply for Refinance


Tell us about your current agreement, the amount you would like to refinance, your ideal monthly budget, and the term you would like. The agreement will be tailored to suit you with fixed payments over an agreed term.


With our-in house specialist underwriters providing quick decisions the agreement will be made available to you.

Products and services are subject to eligibility, status, terms and conditions and availability. All lending is subject to status and our lending criteria. The right to decline any application is reserved.


If you miss or expect to miss a repayment under your loan agreement, please get in touch with us straight away to discuss it with our team. The risks of missing a repayment under your loan agreement are that we may:

  • Cancel our agreement with you and require you to repay the full amount of the loan immediately
  • Disclose information about your loan to the credit reference agencies
  • Set off any amounts you owe us under the agreement against any funds you hold with us in other accounts
  • Take enforcement action against you to recover any amounts you still owe if necessary
  • Restrict your access to any other credit facilities you have with us and require you to immediately repay those facilities

Click here to view our full product brochure.

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Refinance Business Loan | Braemar Finance