Debt Consolidation
Decrease your monthly repayments and imrpove your rate.
Are your monthly outgoings putting strain on your cash flow? We can put all your finance under one roof, whilst decreasing your repayments and bettering your rate.
"
The guys at BF Group helped us secure a large loan which was used to purchase a competitors business. It was the best thing we ever did.
"
Metal Fabrication Co - Birmingham
All you need to know.
Why should I consider consolidating my finance agreements?
Consolidating debts can significantly benefit a business owner by simplifying financial management. By merging multiple loans or credit obligations into a single payment, it reduces the complexity of tracking various due dates and interest rates. This often results in lower overall interest rates, saving money in the long term. Debt consolidation can also improve cash flow, freeing up resources to invest back into the business. Additionally, it may enhance credit scores by streamlining payments and minimizing missed deadlines. Ultimately, consolidation provides greater financial control, enabling business owners to focus on growth and operations rather than juggling multiple debt obligations.
What is an asset?
A business asset is any resource owned by a company that holds economic value and is expected to provide future benefits. These assets are essential for the operation, growth, and profitability of the business. They can be tangible (physical) or intangible (non-physical) and are typically classified into several categories based on their nature and use.
Maximize your affordability
Decrease your monthly repayments.
Typically when consolidating your finance agreements the monthly repayment decreases, this is due to the finance being arranged on a smaller amount than you initially borrowed. Your business may have improved financially since you last took finance, therefore we may be able to get your business finance with a better funder.
Get a better deal
Lower your interest rate.
In todays world rates are changing all the time, but 9 times out of 10 we can improve the interest rate on your finance agreement. Give our team a call and ask for a no obligation quotation.
Take a look at our finance example...
Regardless of whether you're a new business or an established business, we have access to the most competitive rates in todays market.
Contact us:
01604 201510
Finance example: Trading under 12 months
Finance amount: £100,000.00 + VAT
Term: 60 months
Deposit: 10%
Monthly repayment: £2,024.25
Rate: 8.2% flat
*All figures are subject to credit, business financials and a full underwrite by our funder(s). As a brokerage we earn a commission for the introduction of your finance application which will affect the cost of your agreement should you wish to proceed. The examples given above are based on a typical asset finance application and funders pricing at the time.