Refinance Guide
How to Refinance a GetCapital Loan
GetCapital offers fast unsecured business loans when timing is critical. We arrange GetCapital facilities for clients who need quick capital access with minimal documentation. Their technology-driven assessment gets funds flowing when traditional lenders are too slow. As your business matures, transitioning to bank alternatives can reduce your ongoing costs.
About GetCapital
GetCapital provides unsecured business loans with quick turnaround and minimal documentation. We use GetCapital when clients need fast capital and value their technology-driven approach. This speed serves businesses that cannot wait for traditional bank processes. When your circumstances allow, refinancing to bank rates delivers meaningful savings.
Typical Rates
18% to 40% p.a. (factor rates 1.18 to 1.40)
Typical Terms
6 to 18 months, daily or weekly repayments
Things to Consider with GetCapital
- High interest rates compared to alternatives
- Daily repayments strain cash flow
- Factor rate pricing obscures true cost
- Short terms create high payment amounts
- Renewal cycle can perpetuate costs
Your Refinance Options
Bank Term Loan
Bank business loans at 7-12% p.a. with monthly repayments dramatically reduce interest expense for qualifying businesses.
Secured Business Loan
Property-secured loans at 6-10% p.a. offer the largest rate reduction if you have available equity.
Asset Finance
Equipment-secured loans at 7-12% p.a. work well if GetCapital funds were used for asset purchases.
Business Line of Credit
Revolving credit at 8-15% p.a. provides ongoing access at lower cost than repeated term borrowing.
Considering Your GetCapital Options?
Whether you need additional capital or want to explore refinancing, we can help. Get a free assessment of your options.
How to Refinance GetCapital
Request payout figure from GetCapital
Compile financial documentation
We assess refinance options based on your profile
Submit to suitable lenders
New facility pays out GetCapital
Transition to improved terms and cash flow
Frequently Asked Questions
Other Lender Refinance Guides
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