Simplify Your Debt. Lower Your Payments. Breathe Again.
If multiple high-rate business loans are eating your cash flow, Approvd's debt consolidation program can combine them into a single, lower-rate payment — reducing your monthly burden and saving you thousands.
$10,000 – $5,000,000
3–7 Business Days
Repayment Terms
6 Months – 5 Years
Target APR
7.49% – 25%
Minimum Requirements
Overview
What Is Debt Consolidation?
Business debt consolidation is the process of combining multiple existing loans, merchant cash advances, or lines of credit into a single new financing product — ideally at a lower interest rate and with a more manageable single monthly payment.
Many small businesses find themselves with 3, 4, or even 5 separate financing obligations — each with different payment schedules, rates, and lenders. This creates cash flow chaos, administrative burden, and often means paying far more in total interest than necessary. Consolidation solves all of these problems at once.
Through Approvd's consolidation program, we analyze your existing debt obligations and work with our network of 75+ lenders to find a consolidation product that results in a lower total monthly payment, a reduced overall interest burden, and simplified single-payment management. In many cases, businesses save $2,000–$10,000+ per month in combined payments after consolidation.
Why Approvd?
No impact to credit score
Simple Process
How Debt Consolidation Works
Debt Review & Analysis
Your Approvd advisor conducts a full review of your existing obligations — balances, rates, terms, and total monthly payments.
Savings Projection
We calculate potential monthly savings from consolidation and present you with a clear before/after financial picture.
Lender Matching
We match you with consolidation lenders who specialize in business debt restructuring and will offer the best terms.
Application & Approval
Submit your application with our guidance. Once approved, the new lender pays off your existing obligations directly.
Single Payment, Fresh Start
You now have one lender, one payment, one rate — and typically significant monthly cash flow relief.
Key Advantages
Benefits of Debt Consolidation Through Approvd
Reduced Monthly Payments
Combine multiple obligations into one lower payment, freeing up operating cash flow for growth and operations.
Lower Total Interest Cost
Trading multiple high-rate obligations for a single lower-rate loan often saves tens of thousands over the repayment period.
Simplified Cash Flow Management
One payment date, one lender, one relationship. Eliminate the complexity of juggling multiple debt obligations.
Improved Credit Profile
Paying off multiple accounts and maintaining a single consolidated obligation can improve your business credit score.
Stop the Stacking Spiral
If you've been stacking MCAs just to meet existing obligations, consolidation breaks that cycle permanently.
Qualified Advisor Support
Our advisors have restructured millions in business debt. We know exactly what lenders want and how to present your case.
Common Uses
What Can You Use Debt Consolidation For?
Businesses across industries use debt consolidation through Approvd to fund growth, manage cash flow, and seize opportunities.
- Multiple merchant cash advance (MCA) positions
- Several high-rate business loans with overlapping payments
- Daily ACH debit fatigue affecting operating cash flow
- Credit card debt combined with business loans
- Preparing for a new financing need by clearing existing obligations
- Reducing debt burden before a major business expansion
Ready to Get Started?
Apply in 5 minutes. Get matched with real offers from 75+ lenders. No impact to your credit score.
Or call (516) 262-5269Common Questions
Debt Consolidation FAQ
Will consolidation hurt my credit score?
The consolidation application itself may involve a hard credit pull, which can cause a small temporary dip. However, paying off multiple accounts and maintaining a single lower balance typically improves your credit profile over time.
Can I consolidate merchant cash advances (MCAs)?
Yes — MCA consolidation is one of the most common consolidation scenarios we handle. MCAs often carry the highest effective rates, and consolidating them into a term loan or line of credit can result in dramatic payment savings.
How much can I save by consolidating?
Savings vary widely depending on your current rates, balances, and terms. Many of our clients save $2,000–$10,000+ per month in combined payments. Your advisor will calculate your specific savings potential before you commit to anything.
What if I'm currently in default on some obligations?
Default makes consolidation harder but not impossible. Your advisor will review your situation and determine if any lenders can work with your current status. In some cases, we may recommend addressing defaults first.
Do lenders pay off my existing loans directly?
In most consolidation scenarios, the new lender disburses funds to your existing lenders as a condition of the new financing, ensuring the old obligations are fully satisfied. Your advisor coordinates this process.
Other Financing Solutions
Not sure if this is the right fit? Explore our other products.
Important Disclosure
Approvd is a loan marketplace and does not make lending decisions or issue loans directly. All loan products, rates, terms, amounts, and approval decisions are determined solely by the individual lenders in our network. Loan availability and terms vary by lender, applicant qualifications, state regulations, and other factors.
Applying through Approvd does not guarantee loan approval or any specific loan amount, rate, or term. APR and cost of capital vary widely based on loan type, lender, credit profile, revenue, time in business, and other underwriting criteria. Representative APR examples are illustrative only and do not constitute an offer or guarantee of credit.
Business loans involve risk. Carefully review all loan documents and understand your repayment obligations before accepting any offer. If you have questions about a specific loan product, consult the lender directly or seek independent financial or legal advice.
See Your Debt Consolidation Options Today
Apply in 5 minutes. Real offers from 75+ lenders. Zero impact to your credit score.