Investment is key to growth and whilst it’s great to reduce your outstanding liabilities, extending your borrowing can provide the foundation on which to propel your business to the next level.
When it comes to increasing your borrowing, refinancing can be a far more cost effective and efficient way of doing this rather than having several loans running at the same time.
It’s far easier to keep on top of one regular payment rather than trying to manage multiple loans across different lenders, plus you may get a better overall deal by consolidating your finances into one place.