A consolidation loan allows your company to take out a new loan to pay off current business debt, including other loans and cash advances. It’s a great way to combine several liabilities into just one monthly/weekly payment to lower current payments. This method can free up cashflow and ease the pressure of multiple payments that are hard to pay.
Before applying for a consolidation loan, utilize the Lendzero Consolidation loan calculator to see your monthly/weekly payments. Insert the information below:
