Commercial Refinancing
Refinancing wins when the math wins.
Established businesses often carry debt that no longer fits: a merchant cash advance draining daily, an old term at a worse rate, multiple loans that could fold into one. Refinancing can fix that, if the savings exceed the cost.
We read the math before we pitch the new lender. If staying put wins, we say so. If refinancing does, we match you to the desk that moves fastest and knows this work.
The Reality
When refinancing does not make sense, we say so.
Refinancing is not always the right move. Prepayment penalties can be steep; new lender fees compound the cost; if you reset the amortization, you pay more interest over time even at a lower rate. The rate saving has to exceed all of these to justify moving.
An owner with three years left on a term at 7.5 percent might be tempted by a 5.5 percent offer. But the prepayment penalty, the new lender's fees, and three extra years of payments can turn the saving into a loss. You want someone to run the math before you move, not after.
We calculate the payback period first. You move when it makes money, not on rate alone.
The Instruments
What we refinance.
Before You Move
What refinancing costs.
The low rate is the headline. The cost is what erases it. Here is what moves the needle.
The System
First, we read your file the way lenders read it.
The debt stack is part of the story lenders read. We read it the same way they do, then decide if moving it wins. Every engagement starts with the same assessment: your financials and your ask, weighed against what each lender desk actually approves. It ends in one of two places, and both of them move you forward.
If the file is fundable
It goes to the right desk, and only the right desk.
We match your profile to the lenders whose approval patterns fit it. No blasting your file across forty inboxes, no surprise calls from lenders you never chose.
If it is not fundable yet
You get a plan that names what blocks you.
What stopped the file, what changes it, and how long that takes. Most declines are fixable; the plan is the work of fixing them, on a timeline you can hold us to.
The Process
How a refinancing engagement runs.
The Profile
Typical refinancing candidates.
Ranges are typical; outside them, we still assess. Business age, debt service, and debt structure matter more than the number alone.
Questions, answered
What owners ask us about refinancing.
When does refinancing actually make sense?
When the net saving exceeds the cost of moving, and only then. A 200-basis-point rate drop sounds decisive until you net it against the prepayment penalty, the new appraisal and lender fees, and the extra interest a longer amortization quietly adds back. On some files that math says move; on plenty it says stay put and renegotiate at renewal. We run it on both sides before you commit either way.
What does it cost to break my current loan?
It varies by instrument and contract. Term loans commonly charge an interest rate differential (the spread between your rate and current market, applied across the remaining term) or three months of interest, whichever the note specifies; on larger facilities the differential alone can run to five figures. Lines of credit usually break without penalty. Equipment financing often carries an early payout fee. Read your note, and if it does not spell the penalty out, ask your lender for the payout statement in writing before you apply anywhere.
Can I refinance out of a merchant cash advance?
Yes, when the business underneath works. Lenders see MCAs as a distress signal, which is fair: daily debits scale with your sales and can compound the cost into an unsustainable spiral. But if your financials show the business is solid and the MCA was a temporary bridge, a lender will refinance it away. The file needs to be clean: recent financials, tax returns current, no payroll or HST arrears. And the lender needs to see the daily drain stopping, which is the point of refinancing. It is doable; it is not automatic.
Will refinancing hurt my credit or my banking relationship?
Refinancing hurts credit minimally and temporarily. A new credit inquiry drops your score a few points; it bounces back in months. Hard inquiries cluster when you shop multiple lenders, so we minimize them by targeting the right desks. On the relationship: moving debt is normal. The bank that loses the refinance is not offended; they move on. If you have multiple facilities with the same lender, refinancing one is fine. Moving all of them is a bigger decision, but still done regularly.
How long does refinancing take?
Depends on the facility type and file completeness. A straightforward mortgage refinance on clean real property takes six to eight weeks: appraisal, underwriting, legal, closing. A consolidation with multiple facilities takes longer because each one has its own payoff mechanics. If your financial statements are stale or there are tax/payroll issues to clear, you add weeks. Prepared files move faster. Start to finish, three to four months is normal; some close in six weeks if everything aligns.
Rates, fees, and terms are market conditions as of June 2026. Prepayment penalties and payoff mechanics vary by instrument and lender; confirm with your current lender before applying.
Find out if refinancing wins.
We run the math on your current debt stack and the scenarios that move it. You see the payback period. Then you decide.
You pay us, mostly when funding lands. Lenders pay us nothing.