{"id":27272,"date":"2023-04-05T11:26:05","date_gmt":"2023-04-05T11:26:05","guid":{"rendered":"https:\/\/swoopfunding.com\/au\/?page_id=27272"},"modified":"2024-03-15T13:24:52","modified_gmt":"2024-03-15T13:24:52","slug":"business-refinancing-and-debt-consolidation","status":"publish","type":"page","link":"https:\/\/swoopfunding.com\/au\/business-loans\/business-refinancing-and-debt-consolidation\/","title":{"rendered":"Business refinancing and debt consolidation"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"27272\" class=\"elementor elementor-27272\">\n\t\t\t\t<div class=\"elementor-element elementor-element-405b5361 e-flex e-con-boxed e-con e-parent\" data-id=\"405b5361\" data-element_type=\"container\" id=\"hero-title\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\" data-core-v316-plus=\"true\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-5f2547ac e-con-full e-flex e-con e-child\" data-id=\"5f2547ac\" data-element_type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-43eb8ca5 elementor-widget elementor-widget-heading\" data-id=\"43eb8ca5\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.20.0 - 26-03-2024 *\/\n.elementor-heading-title{padding:0;margin:0;line-height:1}.elementor-widget-heading .elementor-heading-title[class*=elementor-size-]>a{color:inherit;font-size:inherit;line-height:inherit}.elementor-widget-heading .elementor-heading-title.elementor-size-small{font-size:15px}.elementor-widget-heading .elementor-heading-title.elementor-size-medium{font-size:19px}.elementor-widget-heading .elementor-heading-title.elementor-size-large{font-size:29px}.elementor-widget-heading .elementor-heading-title.elementor-size-xl{font-size:39px}.elementor-widget-heading .elementor-heading-title.elementor-size-xxl{font-size:59px}<\/style><h1 class=\"elementor-heading-title elementor-size-default\">Business refinancing and debt consolidation<\/h1>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-4c943d58 elementor-section-full_width elementor-section-height-default elementor-section-height-default\" data-id=\"4c943d58\" data-element_type=\"section\" id=\"product-page\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-d24addf\" data-id=\"d24addf\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-3d3d1832 uael-heading-align-left elementor-widget elementor-widget-uael-table-of-contents\" data-id=\"3d3d1832\" data-element_type=\"widget\" id=\"styck-table-of-contents\" data-settings=\"{&quot;scroll_offset&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;115&quot;,&quot;sizes&quot;:[]},&quot;sticky&quot;:&quot;top&quot;,&quot;sticky_on&quot;:[&quot;desktop&quot;],&quot;sticky_offset&quot;:&quot;130&quot;,&quot;sticky_parent&quot;:&quot;yes&quot;,&quot;scroll_offset_laptop&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]},&quot;scroll_offset_tablet&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]},&quot;scroll_offset_mobile&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]},&quot;heading_text_align&quot;:&quot;left&quot;,&quot;heading_bottom_space&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]},&quot;heading_bottom_space_laptop&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]},&quot;heading_bottom_space_tablet&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]},&quot;heading_bottom_space_mobile&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]},&quot;separator_bottom_space&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]},&quot;separator_bottom_space_laptop&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]},&quot;separator_bottom_space_tablet&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]},&quot;separator_bottom_space_mobile&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]},&quot;content_between_space&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:15,&quot;sizes&quot;:[]},&quot;content_between_space_laptop&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]},&quot;content_between_space_tablet&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]},&quot;content_between_space_mobile&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]},&quot;sticky_effects_offset&quot;:0}\" data-widget_type=\"uael-table-of-contents.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"uael-toc-main-wrapper\" data-headings=\"h2,h3,h4\" >\n\t\t\t<div class=\"uael-toc-wrapper\">\n\t\t\t\t<div class=\"uael-toc-header\">\n\t\t\t\t\t<span class=\"uael-toc-heading elementor-inline-editing\" data-elementor-setting-key=\"heading_title\" data-elementor-inline-editing-toolbar=\"basic\" ><\/span>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<div class=\"uael-toc-toggle-content\">\n\t\t\t\t\t<div class=\"uael-toc-content-wrapper\">\n\t\t\t\t\t\t\n\t\t\t\t\t\t\t<ul data-toc-headings=\"headings\" class=\"uael-toc-list uael-toc-list-none\" data-scroll=\"500\" data-scroll-offset=\"115\" ><\/ul>\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"uael-toc-empty-note\">\n\t\t\t\t\t<span>Add a header to begin generating the table of contents<\/span>\n\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-13711f16 elementor-widget elementor-widget-ucaddon_share_content\" data-id=\"13711f16\" data-element_type=\"widget\" id=\"elem-share-content\" data-widget_type=\"ucaddon_share_content.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\n\n\t\t\t<div id=\"share-content\">\n <ul>\n <li>\n <a class=\"twitter-share-button\" href=\"https:\/\/twitter.com\/intent\/tweet?text=Business refinancing and debt consolidation\" data-size=\"large\" target=\"_blank\" rel=\"nofollow noopener\">\n <svg width=\"36\" height=\"36\" viewBox=\"0 0 36 36\" fill=\"none\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\">\n <circle cx=\"18\" cy=\"18\" r=\"18\" fill=\"#F0F0F0\"\/>\n <path d=\"M28.2701 12.9657C27.5212 13.2949 26.7215 13.5192 25.8796 13.6216C26.7376 13.1045 27.3977 12.2896 27.7099 11.3173C26.9052 11.787 26.0133 12.1288 25.0638 12.3192C24.3056 11.5077 23.225 11 22.0251 11C19.7259 11 17.8617 12.8642 17.8617 15.1608C17.8617 15.4908 17.8998 15.8082 17.9692 16.112C14.5082 15.9486 11.4407 14.2867 9.38778 11.7743C9.02645 12.3852 8.82421 13.0952 8.82421 13.8686C8.82421 15.3157 9.56041 16.5875 10.6757 17.3347C9.99282 17.3127 9.35055 17.1249 8.79036 16.8135V16.8651C8.79036 18.8833 10.223 20.5664 12.1295 20.9498C11.78 21.0437 11.4111 21.0945 11.0328 21.0945C10.7671 21.0945 10.5124 21.0691 10.2577 21.0217C10.7916 22.6743 12.3267 23.8793 14.1536 23.9132C12.732 25.0293 10.9304 25.6945 8.99006 25.6945C8.66004 25.6945 8.33087 25.675 8 25.6378C9.85235 26.8174 12.0347 27.507 14.3948 27.507C22.0564 27.507 26.2409 21.1638 26.2409 15.6719C26.2409 15.4951 26.2409 15.3165 26.2282 15.1388C27.0414 14.5558 27.7514 13.8187 28.3099 12.9827L28.2701 12.9657Z\" fill=\"#8A9FAE\"\/>\n <\/svg>\n <\/a>\n <\/li>\n\n <li>\n <a href=\"https:\/\/www.facebook.com\/sharer\/sharer.php?u=https:\/\/swoopfunding.com\/au\/business-loans\/business-refinancing-and-debt-consolidation\/\" target=\"_blank\" rel=\"nofollow\">\n <svg width=\"36\" height=\"36\" viewBox=\"0 0 36 36\" fill=\"none\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\">\n <circle cx=\"18\" cy=\"18\" r=\"18\" fill=\"#F0F0F0\"\/>\n <path d=\"M19.1416 28.9999V18.9647H22.3854L22.8711 15.0537H19.1416V12.5567C19.1416 11.4245 19.4443 10.6528 21.0082 10.6528L23.0026 10.6518V7.15394C22.6575 7.10645 21.4737 7 20.0964 7C17.2209 7 15.2523 8.82249 15.2523 12.1696V15.0538H12V18.9647H15.2522V29L19.1416 28.9999Z\" fill=\"#8A9FAE\"\/>\n <\/svg>\n <\/a>\n <\/li>\n <li>\n <a href=\"https:\/\/www.linkedin.com\/sharing\/share-offsite\/?url=https:\/\/swoopfunding.com\/au\/business-loans\/business-refinancing-and-debt-consolidation\/\" target=\"_blank\" rel=\"nofollow\">\n <svg width=\"36\" height=\"36\" viewBox=\"0 0 36 36\" fill=\"none\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\">\n <circle cx=\"18\" cy=\"18\" r=\"18\" fill=\"#F0F0F0\"\/>\n <path fill-rule=\"evenodd\" clip-rule=\"evenodd\" d=\"M13.73 26H10.0955V14.1411H13.73V26ZM11.8887 12.686C13.1082 12.686 13.8495 11.8612 13.8495 10.8429C13.8257 9.80028 13.1082 9 11.9365 9C10.765 9 10 9.80028 10 10.8429C10 11.8612 10.7413 12.686 11.8887 12.686ZM15.8098 14.1409C15.8574 15.2083 15.9052 16.4449 15.9052 17.924V25.9998H19.5395V19.1611C19.5395 18.8214 19.5637 18.4818 19.6594 18.2394C19.9225 17.5605 20.52 16.8573 21.5243 16.8573C22.8394 16.8573 23.3656 17.9 23.3656 19.4277V25.9998H27V18.9912C27 15.4991 25.2069 13.874 22.8157 13.874C20.855 13.874 19.6832 15.0139 19.205 15.7901H19.1334L18.9657 14.1409H15.8098Z\" fill=\"#8A9FAE\"\/>\n <\/svg>\n <\/a>\n <\/li>\n <li>\n <a href=\"mailto:?Business refinancing and debt consolidation&body=Check out this article I found on the Swoop Funding blog: https:\/\/swoopfunding.com\/au\/business-loans\/business-refinancing-and-debt-consolidation\/\" rel=\"nofollow\" target=\"_blank\">\n <svg width=\"36\" height=\"36\" viewBox=\"0 0 36 36\" fill=\"none\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\">\n <circle cx=\"18\" cy=\"18\" r=\"18\" fill=\"#F0F0F0\"\/>\n <path d=\"M23.625 11H12.375C10.4625 11 9 12.5 9 14.4615V22.5385C9 24.5 10.4625 26 12.375 26H23.625C25.5375 26 27 24.5 27 22.5385V14.4615C27 12.5 25.5375 11 23.625 11ZM23.625 13.3077C23.85 13.3077 23.9625 13.4231 24.1875 13.4231L18 17.6923L11.925 13.5385C12.0375 13.4231 12.15 13.3077 12.375 13.3077H23.625ZM23.625 23.6923H12.375C11.7 23.6923 11.25 23.2308 11.25 22.5385V15.8462L17.325 20C17.55 20.1154 17.775 20.2308 18 20.2308C18.225 20.2308 18.45 20.1154 18.675 20L24.75 15.8462V22.5385C24.75 23.2308 24.3 23.6923 23.625 23.6923Z\" fill=\"#8A9FAE\"\/>\n <\/svg>\n <\/a>\n <\/li>\n <\/ul>\n<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-79cb5fda elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"79cb5fda\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-inner-column elementor-element elementor-element-ea755f3\" data-id=\"ea755f3\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-677e346d elementor-widget elementor-widget-ucaddon_last_updated\" data-id=\"677e346d\" data-element_type=\"widget\" data-widget_type=\"ucaddon_last_updated.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\n\n\t\t\t\n<div id=\"last-updated-container\" class=\"\">\n\n <script id=\"last-updated-schema\" type=\"application\/ld+json\">\n        {\n          \"@context\": \"https:\/\/schema.org\",\n          \"@type\": \"Article\",\n          \"headline\": \"Business refinancing and debt consolidation\",\n          \n          \"datePublished\": \"2023-04-05T11:26:05+00:00\",\n          \"dateModified\": \"2024-03-15T13:24:52+00:00\",\n          \"author\": [{\n              \"@type\": \"Person\",\n              \"name\": \"Chris Godfrey\",\n              \"url\": \"https:\/\/swoopfunding.com\/au\/author\/chris-godfrey\/\"\n            }]\n        }\n    <\/script>\n \n <div class=\"last-updated view-user\" style=\"justify-content: left;\">\n \n <div class=\"info-left\">\n <a href=\"https:\/\/swoopfunding.com\/au\/author\/chris-godfrey\/\"><img loading=\"lazy\" decoding=\"async\" loading=\"lazy\" src=\"https:\/\/swoopfunding.com\/wp-content\/uploads\/2021\/03\/chris-godfrey-author.png\" data-lazy-src=\"https:\/\/swoopfunding.com\/wp-content\/uploads\/2021\/03\/chris-godfrey-author.png?is-pending-load=1\" alt=\"Chris Godfrey\" class=\"jetpack-lazy-image\" loading=\"lazy\" width=\"92\" height=\"92\"><\/a>\n <\/div>\n \n <div class=\"info-right\">\n <p>Page written by <a href=\"https:\/\/swoopfunding.com\/au\/author\/chris-godfrey\/\">Chris Godfrey<\/a>. <span>Last reviewed on March 15, 2024<\/span>. <span>Next review due July 1, 2025.\n <\/span>\n <\/p>\n\n <\/div>\n\n <\/div>\n<\/div>\n\n<div id=\"externalTooltipContent\" style=\"display: none;\">\n <div class=\"top-info\">\n <img loading=\"lazy\" decoding=\"async\" loading=\"lazy\" src=\"https:\/\/swoopfunding.com\/wp-content\/uploads\/2021\/03\/chris-godfrey-author.png\" data-lazy-src=\"https:\/\/swoopfunding.com\/wp-content\/uploads\/2021\/03\/chris-godfrey-author.png?is-pending-load=1\" alt=\"\" class=\"jetpack-lazy-image\" loading=\"lazy\" width=\"92\" height=\"92\">\n <div class=\"text\">\n <div class=\"name-author\">Chris Godfrey<\/div>\n <div class=\"role-user\">Expert financial copywriter<\/div>\n <\/div>\n <\/div>\n <div class=\"description\">Chris is a freelance copywriter and content creator. He has been active in the marketing, advertising, and publishing industries for more than twenty-five years. Writing for Barclays Bank, Metro Bank, Wells Fargo, ABN Amro, Quidco, Legal and General, Inshur Zego, AIG, Met Life, State Farm, Direct Line, insurers and pension funds, his words have appeared online and in print to inform, entertain and explain the complex world of consumer and business finance and insurance.<\/div>\n<\/div>\n\n<div class=\"modal fade modal-form modal-user\" id=\"modal-user\" tabindex=\"-1\" role=\"dialog\" aria-labelledby=\"modal-user\" aria-hidden=\"true\">\n <div class=\"modal-dialog\" role=\"document\">\n\n <div class=\"modal-content\">\n <div class=\"modal-header\">\n <button type=\"button\" class=\"close\" data-dismiss=\"modal\" aria-label=\"Close\">\n <span aria-hidden=\"true\">&times;<\/span>\n <\/button>\n <\/div>\n <div class=\"modal-body\">\n \n <div class=\"top-info\">\n <img loading=\"lazy\" decoding=\"async\" loading=\"lazy\" src=\"https:\/\/swoopfunding.com\/wp-content\/uploads\/2021\/03\/chris-godfrey-author.png\" data-lazy-src=\"https:\/\/swoopfunding.com\/wp-content\/uploads\/2021\/03\/chris-godfrey-author.png?is-pending-load=1\" alt=\"\" class=\"jetpack-lazy-image\" loading=\"lazy\" width=\"92\" height=\"92\">\n <div class=\"text\">\n <div class=\"name-author\">Chris Godfrey<\/div>\n <div class=\"role-user\">Expert financial copywriter<\/div>\n <\/div>\n <\/div>\n <div class=\"description\">Chris is a freelance copywriter and content creator. He has been active in the marketing, advertising, and publishing industries for more than twenty-five years. Writing for Barclays Bank, Metro Bank, Wells Fargo, ABN Amro, Quidco, Legal and General, Inshur Zego, AIG, Met Life, State Farm, Direct Line, insurers and pension funds, his words have appeared online and in print to inform, entertain and explain the complex world of consumer and business finance and insurance.<\/div>\n <ul class=\"social-links\">\n <li><a href=\"https:\/\/www.linkedin.com\/in\/christopher-godfrey-332198139\/\" target=\"_blank\" rel=\"noreferrer noopener\"><span class=\"text-link\">Linkedin<\/span><i class=\"icon icon-linkedin\"><\/i><\/a><\/li>\n <li><a href=\"https:\/\/www.freelancewords.co.uk\" target=\"_blank\" rel=\"noreferrer noopener nofollow\"><span class=\"text-link\">Website<\/span><i class=\"icon material-icons\">web_asset<\/i><\/a><\/li>\n <\/ul>\n \n <\/div>\n <\/div>\n <\/div>\n<\/div>\n\n\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-849205b elementor-widget elementor-widget-text-editor\" data-id=\"849205b\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.20.0 - 26-03-2024 *\/\n.elementor-widget-text-editor.elementor-drop-cap-view-stacked .elementor-drop-cap{background-color:#69727d;color:#fff}.elementor-widget-text-editor.elementor-drop-cap-view-framed .elementor-drop-cap{color:#69727d;border:3px solid;background-color:transparent}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap{margin-top:8px}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap-letter{width:1em;height:1em}.elementor-widget-text-editor .elementor-drop-cap{float:left;text-align:center;line-height:1;font-size:50px}.elementor-widget-text-editor .elementor-drop-cap-letter{display:inline-block}<\/style>\t\t\t\t<p><span style=\"font-size: inherit; letter-spacing: inherit;\">Business debt consolidation and refinancing may reduce their monthly payments, give them longer to repay, and even free up cash to meet urgent business needs. How does this work? Read on to find out if consolidating or refinancing your current business loans is right for you.<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-787bb99b uael-heading-align-left elementor-widget elementor-widget-uael-table-of-contents\" data-id=\"787bb99b\" data-element_type=\"widget\" id=\"table-of-content-column\" data-settings=\"{&quot;heading_text_align&quot;:&quot;left&quot;,&quot;heading_bottom_space&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]},&quot;heading_bottom_space_laptop&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]},&quot;heading_bottom_space_tablet&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]},&quot;heading_bottom_space_mobile&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]},&quot;separator_bottom_space&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]},&quot;separator_bottom_space_laptop&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]},&quot;separator_bottom_space_tablet&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]},&quot;separator_bottom_space_mobile&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]},&quot;content_between_space&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:15,&quot;sizes&quot;:[]},&quot;content_between_space_laptop&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]},&quot;content_between_space_tablet&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]},&quot;content_between_space_mobile&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]}}\" data-widget_type=\"uael-table-of-contents.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"uael-toc-main-wrapper\" data-headings=\"h2,h3,h4\" >\n\t\t\t<div class=\"uael-toc-wrapper\">\n\t\t\t\t<div class=\"uael-toc-header\">\n\t\t\t\t\t<span class=\"uael-toc-heading elementor-inline-editing\" data-elementor-setting-key=\"heading_title\" data-elementor-inline-editing-toolbar=\"basic\" ><\/span>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<div class=\"uael-toc-toggle-content\">\n\t\t\t\t\t<div class=\"uael-toc-content-wrapper\">\n\t\t\t\t\t\t\n\t\t\t\t\t\t\t<ul data-toc-headings=\"headings\" class=\"uael-toc-list uael-toc-list-none\" data-scroll=\"\" ><\/ul>\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"uael-toc-empty-note\">\n\t\t\t\t\t<span>Add a header to begin generating the table of contents<\/span>\n\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7eb9351d question elementor-widget elementor-widget-heading\" data-id=\"7eb9351d\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">What is debt consolidation?<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2331709a answer elementor-widget elementor-widget-text-editor\" data-id=\"2331709a\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">Business debt consolidation means combining multiple loans from multiple lenders into a large, single loan from one provider. The new loan is used to pay off the older loans, and it may be paid back over the same or a longer or shorter time period than the previous agreements.\u00a0<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c29e64a question elementor-widget elementor-widget-heading\" data-id=\"c29e64a\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">What are the benefits of consolidating business debt?<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3aa76f9a answer elementor-widget elementor-widget-text-editor\" data-id=\"3aa76f9a\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">Business debt consolidation may deliver multiple benefits:<\/span><\/p><ul><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Save time and administration costs by only dealing with one lender instead of many.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">You may be able to spread the payments out over a longer period than you had with the older loans. This may reduce the monthly cost, which could help your cashflow.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">You may be able to borrow more than the value of the combined loans and use that cash for other business needs, such as tax demands, energy bills, business rates, or supplier invoices.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">You may be able to reduce the interest rate and any extra fees. This may also reduce the monthly cost.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">You only have to factor one monthly payment into your cashflow.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">You may be able to set the repayment date for a time that works best for you (such as when your customers usually pay you).<\/span><\/li><\/ul><p><b>Top tip:<\/b><span style=\"font-weight: 400;\">\u00a0check to see if you must pay early repayment penalties on the old loans, and what fees the new lender may charge before you commit to debt consolidation. Also, remember that if you take out a loan for a longer period, even if the interest rate is lower than before, you may still end up paying more overall.\u00a0<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-459d3ce7 elementor-widget elementor-widget-text-editor\" data-id=\"459d3ce7\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<h2><b>What is business refinancing?<\/b><\/h2><p><span style=\"font-weight: 400;\">Business refinancing is much like debt consolidation, except instead of taking out a new loan to pay off multiple loans, you only take out one new loan to refinance one old loan at a time.\u00a0<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1d1ea685 question elementor-widget elementor-widget-heading\" data-id=\"1d1ea685\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">What are the benefits of business refinancing?<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-347c7927 answer elementor-widget elementor-widget-text-editor\" data-id=\"347c7927\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">The benefits of business refinancing are much like business debt consolidation:<\/span><\/p><ul><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">You may be able to spread the payments over a longer period than the old loan.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">You may be able to reduce the monthly cost, and\/or the total amount you pay.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">You may be able to borrow more than the value of the old loan and use that cash for other business needs.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">You may be able to reduce the interest rate and any extra fees.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">You may be able to set the repayment date for a time that works best for you.<\/span><\/li><\/ul>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-655296f elementor-widget elementor-widget-text-editor\" data-id=\"655296f\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<h2><b>What are the options for refinancing?<\/b><\/h2><p><span style=\"font-weight: 400;\">Refinancing means swapping one loan for another. Depending on the type of loan you are trying to refinance, and the purpose of the loan, there are several options to refinance your current business loans.<\/span><\/p><p><span style=\"font-weight: 400;\">Popular refinancing loan solutions include:<\/span><\/p><ul><li><a href=\"https:\/\/swoopfunding.com\/au\/business-loans\/\"><b>Business loans:<\/b><\/a><span style=\"font-weight: 400;\"><span style=\"font-weight: 400;\"> work like regular bank loans. Take out as new funding or to refinance existing debt.<\/span><\/span><\/li><li><a href=\"https:\/\/swoopfunding.com\/au\/business-loans\/revolving-credit-facility\/\"><b>Revolving credit facilities:<\/b><\/a><span style=\"font-weight: 400;\"><span style=\"font-weight: 400;\"> an agreed credit pot that businesses may dip into as and when funds are needed. Pay off existing debt, cover general business expenses.<\/span><\/span><\/li><li><a href=\"https:\/\/swoopfunding.com\/au\/business-loans\/asset-finance\/\"><b>Asset finance and refinance:<\/b><\/a><span style=\"font-weight: 400;\"><span style=\"font-weight: 400;\"> pays for plant and machinery, including commercial vehicles. Refinance your current equipment loans, or free up the sunk capital in hard assets that your business already owns to gain ready cash.<\/span><\/span><\/li><li><a href=\"https:\/\/swoopfunding.com\/au\/commercial-mortgage\/\"><b>Commercial mortgages:<\/b><\/a><span style=\"font-weight: 400;\"> depending on the loan-to-value of the property, (LTV), borrow against your business premises. Refinance your current business mortgage or use the funds to pay back more expensive short-term debt.<\/span><\/li><\/ul><p><span style=\"font-weight: 400;\">These loans may be offered on a secured or unsecured basis. (See below).<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7153bfd6 elementor-widget elementor-widget-text-editor\" data-id=\"7153bfd6\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><b>Secured loans<\/b><\/p><p><span style=\"font-weight: 400;\">Secured loans require the borrower to provide collateral (security) to protect the lender from potential loss. Collateral is usually hard assets, such as property or machinery, but it may also include inventory, the value of unpaid invoices, and certain soft assets, such as patents and copyrights.<\/span><\/p><p><span style=\"font-weight: 400;\">If the borrower defaults on the loan, the lender may choose to exercise their lien on the collateral and sell the assets to recover the funds they have lent.\u00a0<\/span><\/p><p><b>Unsecured loans<\/b><\/p><p><span style=\"font-weight: 400;\">Unsecured loans require no collateral, but they usually come with higher interest rates and fees. They many also offer a lower loan amount than a secured loan will bring. The borrower\u2019s credit rating is more important with unsecured loans and a good credit score is usually required.<\/span><\/p><p><b>Top tip:<\/b><span style=\"font-weight: 400;\"> don\u2019t get caught out by an error on your credit report, always check your <\/span><a href=\"https:\/\/swoopfunding.com\/uk\/business-credit-scores\/\"><span style=\"font-weight: 400;\">business<\/span><\/a><span style=\"font-weight: 400;\"> and personal credit scores before you apply for loan refinancing (secured or unsecured).<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-45141e4 elementor-widget elementor-widget-heading\" data-id=\"45141e4\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Refinance calculator<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d776174 elementor-widget elementor-widget-text-editor\" data-id=\"d776174\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Not sure whether you should refinance? With our\u00a0refinance calculator\u00a0you can estimate the savings and costs associated with refinancing.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e9282b9 elementor-widget elementor-widget-ucaddon_refinance_calculator\" data-id=\"e9282b9\" data-element_type=\"widget\" data-widget_type=\"ucaddon_refinance_calculator.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\n\n\t\t\t\n<div class=\"form-calculator\">\n <div class=\"left_column\">\n <h4>Current loan<\/h4>\n <div class=\"form-group\">\n <label for=\"remainingBalance\">Remaining balance<\/label>\n <div class=\"input-group mb-4\">\n <div class=\"input-group-prepend\">\n <span class=\"input-group-text\">$<\/span>\n <\/div>\n <input type=\"text\" class=\"form-control mask-money\" id=\"remainingBalance\" value=\"250000\">\n <div class=\"input-group-append\">\n <span class=\"input-group-text\">.00<\/span>\n <\/div>\n <\/div>\n <\/div>\n <h4>New loan<\/h4>\n <div class=\"form-group\">\n <div class=\"label_and_numbers\">\n <label for=\"newLoanTerm\">New loan term<\/label>\n <div class=\"tag-number\">\n <output id=\"newLoanTermOutput\">20<\/output> years <\/div>\n <\/div>\n <input type=\"range\" class=\"slider\" id=\"newLoanTerm\" min=\"5\" max=\"30\" step=\"5\" value=\"20\">\n <\/div>\n <div class=\"form-group\">\n <div class=\"label_and_numbers\">\n <label for=\"interestRate\">Interest rate<\/label>\n <div class=\"tag-number\">\n <output id=\"interestRateOutput\">5<\/output>%\n <\/div>\n <\/div>\n <input type=\"range\" class=\"slider\" id=\"interestRate\" min=\"0.1\" max=\"10\" step=\"0.1\" value=\"5\">\n <\/div>\n\n <p class=\"note-calculator\">This calculator is intended for illustration purposes only and exact payment terms should be agreed with a lender before taking out a loan.<\/p>\n <\/div>\n <div class=\"right_column\">\n <h4>Your results<\/h4>\n <p class=\"title-result\">Principal\/loan amount<\/p>\n <p class=\"number-result\">$<span id=\"principal\">0<\/span><\/p>\n <p class=\"title-result\">Monthly payment<\/p>\n <p class=\"number-result\">$<span id=\"monthlyPaymentResult\">0<\/span><\/p>\n <p class=\"title-result\">Length<\/p>\n <p class=\"number-result\"><span id=\"length\">0<\/span> months<\/p>\n <p class=\"title-result\">Total monthly payments<\/p>\n <p class=\"number-result\">$<span id=\"totalMonthlyPayments\">0<\/span><\/p>\n <p class=\"title-result\">Total interest<\/p>\n <p class=\"number-result\">$<span id=\"totalInterest\">0<\/span><\/p>\n <a href=\"https:\/\/app.swoopfunding.com.au\/stage\/\" class=\"btn btn-lg btn-dark btn-block\" target=\"_blank\">Get a quote<\/a>\n <\/div>\n<\/div>\n\n\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4786d2ed elementor-widget elementor-widget-text-editor\" data-id=\"4786d2ed\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<h2><b>Other ways to relieve business debt<\/b><\/h2><p><span style=\"font-weight: 400;\">If consolidating or refinancing your current loans is not sufficient to help your business, there are other options to relieve business debts that you may wish to consider:<\/span><\/p><ul><li><a href=\"https:\/\/swoopfunding.com\/au\/equity\/\"><b>Equity finance:<\/b><\/a><span style=\"font-weight: 400;\"><span style=\"font-weight: 400;\"> secure the cash you need by selling some of your business ownership to a new investor. This route may be particularly useful for SMEs that own unique technology or own valuable patents or copyrights, as these assets are highly attractive to new investors.<\/span><\/span><p>\u00a0<\/p><\/li><li><a href=\"https:\/\/swoopfunding.com\/au\/grants\/\"><b>Business grants:<\/b><\/a> u<span style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">nlike loans, business grants do not need to be paid back. Available from central government, councils, universities, non-profits and private sector groups, grants are usually provided to help businesses in specific regions, for a key reason, such as urban regeneration, or to help companies in innovative industries.<\/span><\/span><p>\u00a0<\/p><\/li><li><b>Restructure your business:<\/b><span style=\"font-weight: 400;\"><span style=\"font-weight: 400;\"> sell business assets, close down under-performing business units, or merge with another company to spread your debt load.<\/span><\/span><p>\u00a0<\/p><\/li><li><b>Crowdfunding:<\/b><span style=\"font-weight: 400;\"> Rrise cash for your business via many small donations from a large number of people, typically by the internet. Funds raised are not a loan and do not need to be repaid as long as you use them for the purposes described in your presentation.<\/span><\/li><\/ul>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-488e73d1 question elementor-widget elementor-widget-heading\" data-id=\"488e73d1\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Find your options with Swoop<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-20bd8979 answer elementor-widget elementor-widget-text-editor\" data-id=\"20bd8979\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">Consolidating or refinancing business debt can be complicated and may take longer than many businesses can wait. Don\u2019t waste time going from lender to lender. Working with a broker who can quickly provide many different funding options is a better way to go. <a href=\"https:\/\/app.swoopfunding.com.au\/stage\">Register with Swoop<\/a> to discover all your consolidation and refinancing options. Reshape your debts. Give your business a new lease of life.<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-71426f10 elementor-widget elementor-widget-spacer\" data-id=\"71426f10\" data-element_type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.20.0 - 26-03-2024 *\/\n.elementor-column .elementor-spacer-inner{height:var(--spacer-size)}.e-con{--container-widget-width:100%}.e-con-inner>.elementor-widget-spacer,.e-con>.elementor-widget-spacer{width:var(--container-widget-width,var(--spacer-size));--align-self:var(--container-widget-align-self,initial);--flex-shrink:0}.e-con-inner>.elementor-widget-spacer>.elementor-widget-container,.e-con>.elementor-widget-spacer>.elementor-widget-container{height:100%;width:100%}.e-con-inner>.elementor-widget-spacer>.elementor-widget-container>.elementor-spacer,.e-con>.elementor-widget-spacer>.elementor-widget-container>.elementor-spacer{height:100%}.e-con-inner>.elementor-widget-spacer>.elementor-widget-container>.elementor-spacer>.elementor-spacer-inner,.e-con>.elementor-widget-spacer>.elementor-widget-container>.elementor-spacer>.elementor-spacer-inner{height:var(--container-widget-height,var(--spacer-size))}.e-con-inner>.elementor-widget-spacer.elementor-widget-empty,.e-con>.elementor-widget-spacer.elementor-widget-empty{position:relative;min-height:22px;min-width:22px}.e-con-inner>.elementor-widget-spacer.elementor-widget-empty .elementor-widget-empty-icon,.e-con>.elementor-widget-spacer.elementor-widget-empty .elementor-widget-empty-icon{position:absolute;top:0;bottom:0;left:0;right:0;margin:auto;padding:0;width:22px;height:22px}<\/style>\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-624a621 elementor-widget elementor-widget-ucaddon_article_sources\" data-id=\"624a621\" data-element_type=\"widget\" data-widget_type=\"ucaddon_article_sources.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\n\n\t\t\t\n<div id=\"article-sources\">\n <div class=\"header\"> \n <div class=\"left-col\">\n Article sources <\/div>\n <div class=\"right-col\">\n <span class=\"arrow-down\">collapse<\/span> \n <span class=\"arrow-up\">expand<\/span> \n <\/div>\n <\/div>\n <div class=\"content\">\n <p>Swoop requires writers to use primary sources to support their work. These include white papers, government data, original reporting, and interviews with industry experts. We also reference original research from other reputable publishers where appropriate.<\/p>\n <p>Business loans, <a href=\"https:\/\/swoopfunding.com\/au\/business-loans\/\" target=\"_blank\" rel=\"nofollow noopener\">https:\/\/swoopfunding.com\/au\/business-loans\/<\/a><\/p><p>Commercial mortgages, <a href=\"https:\/\/swoopfunding.com\/au\/commercial-mortgage\/\" target=\"_blank\" rel=\"nofollow noopener\">https:\/\/swoopfunding.com\/au\/commercial-mortgage\/<\/a><\/p><p>Asset finance and refinance, <a href=\"https:\/\/swoopfunding.com\/au\/business-loans\/asset-finance\/\" target=\"_blank\" rel=\"nofollow noopener\">https:\/\/swoopfunding.com\/business-loans\/asset-finance\/<\/a><\/p><p>Revolving credit facilities, <a href=\"https:\/\/swoopfunding.com\/au\/business-loans\/revolving-credit-facility\/\" target=\"_blank\" rel=\"nofollow noopener\"> https:\/\/swoopfunding.com\/loans\/revolving-credit-facility\/<\/a><\/p><p>Grants, <a href=\"https:\/\/swoopfunding.com\/au\/grants\/\" target=\"_blank\" rel=\"nofollow noopener\">https:\/\/swoopfunding.com\/au\/grants\/<\/a><\/p><p>Equity finance, <a href=\"https:\/\/swoopfunding.com\/au\/equity\/\" target=\"_blank\" rel=\"nofollow noopener\">https:\/\/swoopfunding.com\/au\/equity\/<\/a><\/p> <\/div>\n<\/div>\n\n\n\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9f5a6bb elementor-widget elementor-widget-ucaddon_author_page\" data-id=\"9f5a6bb\" data-element_type=\"widget\" data-widget_type=\"ucaddon_author_page.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\n\n\t\t\t\n <div class=\"info-user-post\">\n \n <div class=\"left-info\">\n <a href=\"https:\/\/swoopfunding.com\/au\/author\/chris-godfrey\/\"><img loading=\"lazy\" decoding=\"async\" loading=\"lazy\" src=\"https:\/\/swoopfunding.com\/wp-content\/uploads\/2021\/03\/chris-godfrey-author.png\" data-lazy-src=\"https:\/\/swoopfunding.com\/wp-content\/uploads\/2021\/03\/chris-godfrey-author.png?is-pending-load=1\" alt=\"\" class=\"jetpack-lazy-image\" loading=\"lazy\" width=\"92\" height=\"92\"><\/a>\n <\/div>\n \n <div class=\"right-info\">\n <p>Written by<\/p>\n <p class=\"name-author\"><a href=\"https:\/\/swoopfunding.com\/au\/author\/chris-godfrey\/\">Chris Godfrey<\/a><\/h3>\n <p>Chris is a freelance copywriter and content creator. He has been active in the marketing, advertising, and publishing industries for more than twenty-five years. Writing for Barclays Bank, Metro Bank, Wells Fargo, ABN Amro, Quidco, Legal and General, Inshur Zego, AIG, Met Life, State Farm, Direct Line, insurers and pension funds, his words have appeared online and in print to inform, entertain and explain the complex world of consumer and business finance and insurance.<\/p>\n\n <ul class=\"social-links\">\n \n <li><a href=\"https:\/\/www.linkedin.com\/in\/christopher-godfrey-332198139\/\" target=\"_blank\" rel=\"noreferrer noopener\">\n <img loading=\"lazy\" decoding=\"async\" loading=\"lazy\" src=\"https:\/\/swoopfunding.com\/au\/wp-content\/themes\/swoopMW50\/assets\/icons\/icon-linkedin-min.svg\" width=\"30\" height=\"30\" alt=\"Linkedin\">\n <\/a><\/li>\n \n <li><a href=\"https:\/\/www.freelancewords.co.uk\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">\n <img loading=\"lazy\" decoding=\"async\" loading=\"lazy\" src=\"https:\/\/swoopfunding.com\/au\/wp-content\/themes\/swoopMW50\/assets\/icons\/icon-site-min.svg\" width=\"30\" height=\"30\" alt=\"Website\">\n <\/a><\/li>\n <\/ul>\n\n <div class=\"swoop-promise\">\n <p><strong>Swoop promise<\/strong><\/p>\n <p>At Swoop we want to make it easy for SMEs to understand the sometimes overwhelming world of business finance and insurance. Our goal is simple \u2013 to distill complex topics, unravel jargon, offer transparent and impartial information, and empower businesses to make smart financial decisions with confidence.<\/p>\n <p>Find out more about Swoop\u2019s editorial principles by reading our <a href=\"https:\/\/swoopfunding.com\/au\/about-swoop\/editorial-policy\/\">editorial policy<\/a>.<\/p>\n <\/div>\n\n <\/div>\n <\/div>\n\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t<div class=\"elementor-element elementor-element-b73a5a4 e-con-full e-flex e-con e-parent\" data-id=\"b73a5a4\" data-element_type=\"container\" data-core-v316-plus=\"true\">\n\t\t\t\t<div class=\"elementor-element elementor-element-43479a6 elementor-widget elementor-widget-template\" data-id=\"43479a6\" data-element_type=\"widget\" data-widget_type=\"template.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-template\">\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-2f68b236 e-flex e-con-boxed e-con e-parent\" data-id=\"2f68b236\" data-element_type=\"container\" data-core-v316-plus=\"true\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-1610d665 elementor-widget elementor-widget-template\" data-id=\"1610d665\" data-element_type=\"widget\" data-widget_type=\"template.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-template\">\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-3b0685ea e-con-full cta-mobile-fixed elementor-hidden-desktop elementor-hidden-laptop elementor-hidden-tablet e-flex e-con e-parent\" data-id=\"3b0685ea\" data-element_type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;,&quot;position&quot;:&quot;fixed&quot;}\" data-core-v316-plus=\"true\">\n\t\t\t\t<div class=\"elementor-element elementor-element-1bf46c8e elementor-align-justify elementor-widget elementor-widget-button\" data-id=\"1bf46c8e\" data-element_type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"https:\/\/app.swoopfunding.com.au\/stage\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t<span class=\"elementor-button-text\">GET A QUOTE<\/span>\n\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Business refinancing and debt consolidation Add a header to begin generating the table of contents Page written by Chris Godfrey. Last reviewed on March 15, 2024. Next review due July 1, 2025. Chris Godfrey Expert financial copywriter Chris is a freelance copywriter and content creator. He has been active in the marketing, advertising, and publishing [&hellip;]<\/p>\n","protected":false},"author":26,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"elementor_header_footer","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"acf":[],"featured_image_urls":{"full":"","thumbnail":"","medium":"","medium_large":"","large":"","1536x1536":"","2048x2048":"","image_blog":"","image_podcast":"","image_banking":"","image_blog_internal":"","image_blog_medium":"","image_single_banking":""},"post_excerpt_stackable":"<p>Business refinancing and debt consolidation Add a header to begin generating the table of contents Page written by Chris Godfrey. Last reviewed on March 15, 2024. Next review due July 1, 2025. Chris Godfrey Expert financial copywriter Chris is a freelance copywriter and content creator. He has been active in the marketing, advertising, and publishing industries for more than twenty-five years. Writing for Barclays Bank, Metro Bank, Wells Fargo, ABN Amro, Quidco, Legal and General, Inshur Zego, AIG, Met Life, State Farm, Direct Line, insurers and pension funds, his words have appeared online and in print to inform, entertain and&hellip;<\/p>\n","category_list":"","author_info":{"name":"Chris Godfrey","url":"https:\/\/swoopfunding.com\/au\/author\/chris-godfrey\/"},"comments_num":"0 comments","featured_image_urls_v2":{"full":"","thumbnail":"","medium":"","medium_large":"","large":"","1536x1536":"","2048x2048":"","image_blog":"","image_podcast":"","image_banking":"","image_blog_internal":"","image_blog_medium":"","image_single_banking":""},"post_excerpt_stackable_v2":"<p>Business refinancing and debt consolidation Add a header to begin generating the table of contents Page written by Chris Godfrey. Last reviewed on March 15, 2024. Next review due July 1, 2025. Chris Godfrey Expert financial copywriter Chris is a freelance copywriter and content creator. He has been active in the marketing, advertising, and publishing industries for more than twenty-five years. Writing for Barclays Bank, Metro Bank, Wells Fargo, ABN Amro, Quidco, Legal and General, Inshur Zego, AIG, Met Life, State Farm, Direct Line, insurers and pension funds, his words have appeared online and in print to inform, entertain and&hellip;<\/p>\n","category_list_v2":"","author_info_v2":{"name":"Chris Godfrey","url":"https:\/\/swoopfunding.com\/au\/author\/chris-godfrey\/"},"comments_num_v2":"0 comments","_links":{"self":[{"href":"https:\/\/swoopfunding.com\/au\/wp-json\/wp\/v2\/pages\/27272"}],"collection":[{"href":"https:\/\/swoopfunding.com\/au\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/swoopfunding.com\/au\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/swoopfunding.com\/au\/wp-json\/wp\/v2\/users\/26"}],"replies":[{"embeddable":true,"href":"https:\/\/swoopfunding.com\/au\/wp-json\/wp\/v2\/comments?post=27272"}],"version-history":[{"count":4,"href":"https:\/\/swoopfunding.com\/au\/wp-json\/wp\/v2\/pages\/27272\/revisions"}],"predecessor-version":[{"id":33739,"href":"https:\/\/swoopfunding.com\/au\/wp-json\/wp\/v2\/pages\/27272\/revisions\/33739"}],"wp:attachment":[{"href":"https:\/\/swoopfunding.com\/au\/wp-json\/wp\/v2\/media?parent=27272"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}