Australia-Wide Loan Refinancing & Debt Restructure Solutions
Refinance existing personal loans, business loans, vehicle finance, equipment finance and commercial loans to improve cash flow, reduce repayments or secure a sharper structure.
Refinancing is the process of replacing an existing loan with a new finance facility that better suits your current goals, cash flow and financial position. This may involve securing a lower interest rate, consolidating debts, restructuring repayments, extending or shortening the loan term, or unlocking equity for business growth or personal use.
Tigris Finance helps Australians compare refinancing options across a panel of 74+ lenders, including banks, non-bank lenders and specialist finance providers. We benchmark your current loan against suitable alternatives and explain whether refinancing is likely to save money, improve flexibility or create a better long-term outcome.
Refinancing solutions Australia-wide
Refinancing may apply to personal loans, business loans, vehicle finance, equipment finance, commercial loans and other existing lending facilities. The right structure depends on your current loan balance, rate, fees, repayment terms, credit profile and future goals.
Our focus is simple: help you secure the right rate, right structure and right loan term without the stress of dealing with multiple lenders yourself.
Common reasons to refinance
Debt consolidation and loan restructure
For many borrowers, refinancing is not just about chasing a lower rate. It can also be about creating a finance structure that is easier to manage. Consolidating credit cards, personal loans, business debts or high-interest facilities into one repayment may help simplify your finances and improve visibility over cash flow.
For business owners, refinancing can also assist with working capital, tax debt restructuring, equipment finance review or consolidating several smaller facilities into one clearer structure.
Refinancing with Tigris Finance
Tigris Finance is a Brisbane finance brokerage founded by Wade Hogan. We broker refinancing solutions Australia-wide across 74+ lenders, helping you compare options beyond your current bank or lender.
Process at a glance: send us your current loan details, we assess your existing structure, compare suitable lender options, model the potential savings or cash flow improvement, and manage the application, approval and settlement process from start to finish.
What you'll find on this page: how refinancing works, when it may be worth reviewing your current loan, common refinancing scenarios, debt consolidation options and answers to frequently asked questions.
Common uses for refinancing
Lower the rate
The most common reason. If your loan is more than 12-18 months old, there's a good chance the market has moved and a better rate is available.
Restructure the repayment
Switch from variable to fixed (or vice versa), change from principal-and-interest to interest-only, or shorten the amortisation to pay it off faster.
Consolidate debts
Roll multiple high-rate debts (credit cards, store cards, BNPL, personal loans) into a single lower-rate facility. Big saving on monthly cashflow.
Release equity
Refinance a property or asset position to extract equity for the next investment, business expansion, or major purchase.
Improve cashflow
Extend the term to reduce monthly repayments where cashflow is the binding constraint. Costs more over the life of the loan but solves a real problem.
Exit a poor lender
Some non-bank specialist lenders are great for the original deal but expensive long-term. Refinancing onto a mainstream lender once you qualify is a common move.
Refinancing FAQs
How much can I save by refinancing?
It depends on the gap between your current rate and the best available rate, the remaining balance, and the term. A 0.5% rate drop on a $500,000 loan saves around $2,500/year in interest. Tigris Finance models the realistic savings before you commit to anything.
Are there costs to refinance?
Yes, though often less than people expect. Typical costs: discharge fee on the old loan ($200-$400), establishment fee on the new loan ($0-$600 depending on lender), valuation fee ($0-$500), government registration ($150-$300 in QLD). Many lenders offer refinance rebates that fully cover these costs.
Will refinancing hurt my credit score?
A formal application triggers a hard credit enquiry, which has a small short-term effect on your score. The benefit of paying down the new loan on time substantially outweighs the temporary hit. We use soft enquiries during the benchmark stage.
Can I refinance with bad credit?
Yes, into specialist credit-impaired lender products, though the rate available will reflect the credit profile. Sometimes the smarter play is to wait 6-12 months while rebuilding credit, then refinance onto a mainstream product. We'll be honest about which is the better move.
How long does refinancing take?
Personal loans and unsecured business loans: 3-7 business days. Vehicle and asset finance refinance: 5-10 business days. Property-secured commercial or home loan refinance: 3-6 weeks depending on lender and property valuation.
Related services
Where refinancing isn't quite the right fit, one of these probably is:
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