When Debt Consolidation Makes Sense. If you have three or more active business loans or advances, different payment frequencies (daily, weekly, monthly), high-interest merchant cash advances, or payments that total more than 15% of monthly revenue, consolidation could save you significant money.

How Business Debt Consolidation Works. A consolidation loan pays off your existing debts and replaces them with a single payment at a potentially lower rate. This reduces administrative burden, improves cash flow predictability, and can lower your total cost of capital.

What to Watch For. Ensure the total cost of the consolidation loan is lower than your current combined costs. Check for prepayment penalties on existing facilities. And make sure the new payment schedule aligns with your revenue cycle.

Voxen Debt Consolidation. Voxen Capital offers business debt consolidation loans from $25K to $2M. One payment, one relationship, one clear path to financial health. Apply in under 10 minutes.

Related

• Business Line of Credit up to $1,000,000
• Business Term Loans for Canadian SMBs
• Invoice Factoring for Canadian Businesses

Start an application · Talk to an advisor