Home / SME Products / Balance Transfer
Business loans · Balance transfer
Move your business loan to a better deal
A balance transfer swaps your existing loan to another lender, often at a lower rate or on improved terms. Consolidate, cut interest costs and simplify repayments.
Why choose this with Finexa
Lower interest cost
Move to a lender offering a better rate than you pay today.
Consolidate debt
Combine several loans into one repayment.
Top-up funds
In many cases you can raise additional money during the transfer.
What a balance transfer can do
Rate reduction
Reduce your interest rate for the remaining tenure.
Tenure adjustment
Lengthen or shorten your tenure to suit your cash flow.
Single EMI
Simplify finances by combining multiple obligations.
Top-up facility
Add extra funding against the same security, where available.
Documents you may need
Indicative list. Your adviser will confirm what your chosen lender requires.
- KYC and business proof
- Existing loan statement and sanction letter
- Last 12 months of bank statements
- ITR and GST returns
- Property / security documents, if secured
How it works
01
Tell us your need
Share a few details in a short application.
02
Get matched
We shortlist lenders that fit your profile.
03
We negotiate
Advisers work on rate and terms for you.
04
Get funded
Sign, and funds are disbursed by your lender.
Common questions
When the saving in interest over your remaining tenure is larger than the foreclosure and processing charges involved. We help you work this out before you decide.
Ready to talk to an adviser?
Call +91 9081570708 or request a call back and we will get in touch.