Broker Mikhail Williams refinanced four existing loans into one facility, reducing costs and easing cashflow pressures.
Carrying multiple loans can create a significant strain on business cashflow, especially when interest rates and repayment schedules overlap. One client faced this challenge, with four separate loans outstanding, each adding complexity and financial pressure.
Broker Mikhail Williams arranged a refinancing solution that consolidated all four loans into a single, structured facility. Spread across a 60-month term, the new arrangement provided not only clarity and simplicity, but also a significant cost saving of over £30,000 annually.
With no early repayment charges, the client also retained flexibility — making the facility both cost-efficient and adaptable to future financial needs.
Key Highlights
- Broker: Mikhail Williams – delivered refinancing & consolidation solution.
- 4 loans refinanced into 1, simplifying repayment.
- 60-month term for stability and cashflow management.
- £30,000+ annual saving achieved.
- No early repayment charges, ensuring flexibility.