Simplify Your Business Finances with a Debt Consolidation Loan
🟠 Last updated: November 2025
Written by Michael Pajar – Director | Business Finance Broker
Finalist – Lenders’ Choice Broker of the Year 2025
Running a business can feel overwhelming when you’re juggling multiple loans, repayments, and due dates. A business debt consolidation loan helps you regain control by combining multiple debts into one simple repayment — so you can focus on growing your business, not chasing bills.
In this guide, we’ll explain how consolidation loans work, when they make sense, and how to choose the right one for your situation.
What Is a Business Debt Consolidation Loan?
A business debt consolidation loan allows you to merge multiple business debts — such as credit cards, equipment loans, or unsecured cash-flow loans — into a single facility.
This means:
One repayment schedule
One interest rate
One lender contact
By simplifying your finances, you can reduce stress, avoid missed payments, and often lower your overall cost of finance.
How It Works
Assessment: A broker reviews your existing debts and repayment history.
Pre-assessment: A soft credit check determines eligible lenders without impacting your credit score.
Approval: The new loan is used to pay out your existing lenders.
Ongoing repayments: You’re left with one manageable loan, tailored to your business cash flow.
At Casey Asset Finance, we help you compare 40+ lenders to find the best structure for your situation — from low-doc to full-doc options.
When a Consolidation Loan Can Help
A business consolidation loan can be useful when:
You have multiple business loans or credit cards.
Your current repayments are straining cash flow.
You’re dealing with high-interest short-term loans.
You want to improve your credit profile over time.
You need to free up working capital for operations.
💡 Even if you have ATO debt or less-than-perfect credit, there may still be options available — particularly through specialist non-bank lenders.
Key Benefits
Simpler cash flow management: One repayment date, one lender.
Potentially lower costs: Consolidation may reduce your overall interest or fees.
Better visibility: Easier to forecast expenses and plan ahead.
Less stress: Avoid juggling multiple repayment portals or due dates.
Improved credit health: Regular on-time repayments help rebuild trust with lenders.
Things to Consider
Not every business will benefit from consolidating.
It’s important to review:
The total cost (including setup fees and term length)
Whether your new rate is actually lower
If the loan term is longer (you might pay more interest overall)
If early payout fees apply on your existing loans
💬 A broker can help you calculate the true cost of finance, so you don’t get caught paying more in the long run.
Case Example (Indicative Only)
A Melbourne café had three short-term loans with weekly repayments totalling $6,200 per month.
After consolidating through a single lender with a 24-month term, repayments dropped to $3,900 per month, freeing up $2,300 in monthly cash flow.
✅ Outcome: easier budgeting, lower stress, and improved stability — all without affecting credit score.
How Casey Asset Finance Can Help
We work with over 40 trusted business lenders across Australia, helping you secure funding that matches your business needs — not the bank’s criteria.
✔ 100 % free pre-assessment
✔ No impact on your credit file
✔ Fast approval and transparent guidance
🟠 Ready to simplify your business finances?
See your consolidation options →
No obligation. No credit hit. Just clarity.
Why Businesses Choose Casey Asset Finance
Experienced broker who understands SME cash flow challenges
Access to a broad lender network (bank and non-bank)
Simple, transparent process
Personalised support from pre-assessment to settlement
Finalist – Lenders’ Choice Broker of the Year 2025
Your trusted partner in simplifying business finance across Australia.
About Michael Pajar
Michael Pajar is the Director of Casey Asset Finance, an award-nominated Melbourne-based finance brokerage specialising in business loans, equipment finance, and cash flow solutions.
With over 10 years in financial services, and 3 years dedicated to business finance, Michael helps Australian business owners navigate lending with confidence and clarity.
Finalist – Lenders’ Choice Broker of the Year 2025
📍 Based in Melbourne | Servicing Australia-wide
Disclaimer
The information provided on this page is for general information purposes only and does not constitute financial advice.
Figures and examples are indicative as at November 2025 and may change based on lender policies and market conditions.
Always seek professional advice before entering into any financial agreement.
