Summary (quick answer)

If you want a fast refinance quote, lenders will ask for: company details, trading history, exact details of your current loan(s) (balances, rates, remaining term, early repayment charges), recent management accounts and business bank statements, VAT and tax evidence, security & property details, and director credit history. Have clear purpose and the amount you need (we typically handle enquiries of £10,000 and above). Ready to start? Get Quote Now — Free Eligibility Check.

Intro: what this page covers and why it matters

If you want a rapid, accurate refinance response, preparation matters. Lenders assess risk using a small set of high-value facts and documents. Provide these up front and you’ll get faster, more relevant offers — often in 24–72 hours.

We don’t lend money. We match your enquiry to lenders and brokers who specialise in business refinance solutions. Completing our short enquiry helps us connect you to the providers most likely to give a competitive quote. Start your refinance enquiry.

Quick checklist (what to have ready)

Ready to submit these details? Free Eligibility Check — Get Quote Now.

Why lenders and brokers need this information

Lenders assess three core things: ability to repay (cashflow), safety of the loan (security & valuations), and borrower reliability (credit record and history). Each item you provide maps to one of these risk areas.

For example: management accounts and bank statements show real cashflow; property deeds and valuations show available security; loan statements reveal repayment behaviour and early repayment charges that affect refinancing economics.

Core business details lenders require

Legal & structural information

• Company name, Companies House number and registered address.
• Legal structure (Ltd, LLP, partnership) and trading name(s).
• Date trading commenced and years of accounts filed.

Operational & bank details

• Industry sector and brief description of main contracts or clients.
• Number of employees and key management contacts.
• Business bank account (bank name) and recent bank statement extracts.

Note: lenders place weight on how predictable income is — recurring contracts score higher than one-off project income.

Finance & refinance specifics lenders need

This is the most important section for any refinance enquiry. Give as much clarity as you can.

Existing finance

• Type of facility (term loan, overdraft, asset finance, invoice finance, commercial mortgage).
• Outstanding balance by facility and current interest rate(s).
• Original term, remaining term and monthly repayment amounts.
• Any missed payments, arrears or payment arrangements.
• Early repayment charges (ERCs) and notice periods.

What you want from refinance

• Amount required and whether the aim is to consolidate, reduce monthly payments, extend term, release equity, or change lender.
• Preferred loan structure (secured vs unsecured, fixed vs variable rate).
• Whether personal/third-party guarantees currently exist or would be acceptable.

Pro tip: be specific about your target monthly payment or term. Lenders can often model several options when given that target.

Find further background on types of business finance in our business finance resource on business finance.

Financial documents & evidence to upload (upload checklist)

Good documents speed up offers. If you can upload these, you’re far more likely to receive fast, accurate quotes.

• Management accounts — latest 3–12 months.
• Full statutory accounts — last 2–3 years where available.
• Business bank statements — last 3–6 months (12 months sometimes requested).
• VAT returns and recent payments (if VAT-registered).
• Details / statements of existing loans (latest statements showing balances and repayments).
• Aged debtor and creditor listings (if relevant).
• Asset list with valuations (vehicles, plant, equipment) and lease/hire-purchase agreements.
• Property deeds or mortgage statements for secured property.
• Cashflow forecasts (helpful for seasonal businesses or growth plans).
• Director personal financial statements (if a guarantee is likely).

Upload tip: PDF copies of accounts and bank statements are ideal. If you can’t upload at first, note their availability and share them as soon as possible to speed quotes.

Commercial, security, property and asset details

• Type of security offered: freehold, leasehold, debenture, fixed/floating charge, chattel mortgage.
• Property details: address, most recent valuation, outstanding mortgage balance and whether the property is owner-occupied or let.
• Asset details: make/model, year and valuation of vehicles or machinery; serial numbers where relevant.
• Insurance: evidence that key assets and business interruption insurance are in place (or can be placed).

Note: accurate valuations and up-to-date deeds remove friction in the underwriting process and may improve rates or LTVs offered.

Credit, legal & unusual circumstances

• Company and director credit history — disclose CCJs, defaults, IVA or bankruptcy history.
• Any ongoing or recent insolvency proceedings.
• Material contracts, change of ownership, or legal disputes that might materially affect trading.
• Supplier concentration risk (dependence on a single large customer).
• Existing government-backed loans (CBILS, BBLS/Bounce Back Loan) — lenders need clarity on these facilities.

Transparency is beneficial. Many lenders specialise in imperfect-credit cases; identifying issues early helps us match you to the right partner.

How UK Business Loans uses your details and next steps

When you submit an enquiry we use your details to match you to lenders or brokers whose criteria best fit your sector, loan size and credit profile. We only share the information you consent to share and provide a clear introduction to our selected partners.

We are an introducer — not a lender — and your enquiry is non-binding. If you submit details, lenders or brokers may contact you to request further documents or to give indicative quotes.

Next steps

1. Complete the short enquiry form — basic details and loan amount. Get Started — Free Eligibility Check.
2. We match and pass your details to suitable partners (with your consent).
3. Expect contact: a broker or lender will usually call or email to discuss options and request documents.
4. Receive and compare quotes — you choose whether to proceed.

What to expect after you submit

Typical timings: an initial response within hours during business hours; indicative offers within 24–72 hours depending on complexity. Complex loans (property-secured, asset-backed, or large consolidations) may take longer.

No obligation — you do not have to accept any offer. Completing the enquiry increases your chance of receiving sensible, tailored options quickly.

Get Quote Now — Free Eligibility Check

Frequently asked questions

Will enquiring affect my credit score?

No. Making an initial enquiry via UK Business Loans does not affect your credit score. Lenders may perform credit checks only if you progress to an application.

Can you refinance government-backed loans?

Possibly. Refinancing government-backed facilities such as CBILS or Bounce Back Loans depends on lender criteria and timing. Disclose these facilities up front so we can match you to lenders who can consider them.

How long does refinancing take?

Indicative quotes: 24–72 hours. Completion: typically 1–6 weeks depending on the product, security, legal work and any asset valuations.

Do I have to accept offers?

No — you’re under no obligation. Our service is free to use and designed to present suitable options so you can compare and decide.

Compliance & privacy note

We are not a lender and do not provide regulated financial advice. UK Business Loans introduces businesses to finance providers to help you find suitable options. Your data is handled securely and only shared with partners you consent to. For full details see our Privacy Policy and Terms & Conditions.

We typically work with enquiries from £10,000 upwards.