Writing about Solon: everything checkable, on one page.

Two lengths, both approved for use as written.

Short, about 45 words

Solon Corporate Finance is an independent debt advisory firm for UK lower-mid-market companies, advising on facilities of £3-15m. Retained and paid by the borrower alone, the firm runs competitive financing processes across banks, specialist banks, private-credit funds and asset-based lenders.

Long, about 120 words

Solon Corporate Finance is an independent debt advisory firm for UK lower-mid-market companies: businesses typically generating £1-8m of EBITDA and raising facilities of £3-15m. The firm advises on acquisition and buyout financing, growth and capex facilities, refinancings and recapitalisations, running a competitive process across the whole lending market: clearing and specialist banks, private-credit funds and asset-based lenders. Solon is retained and paid by the borrower, with no lender panel and no undisclosed lender remuneration. The firm publishes standing research on UK corporate credit, including its analysis of the UK refinancing wall drawn from the Companies House charge register. Direct Managing Director involvement throughout, with rigorous research, financial analysis and transaction preparation.

The firm is “Solon Corporate Finance” on first reference and “Solon” thereafter. Solon is a debt adviser, not a broker, platform or lender.

The refinancing-wall figures, with their dates attached.

Solon’s standing analysis of the UK refinancing wall is counted from the Companies House charge register. As at 7 July 2026, more than 14,500 UK lower-mid-market companies (14,675, of 26,383 dated refinancing windows in an 83,957-company sample) sit inside an estimated 2026-2028 refinancing window, and five banking groups hold 52.5% of the in-window paper. The method, the vintage story and the full tables are on the reference page, and the figures are updated there first: the UK refinancing wall, 2026 to 2028. A six-page typeset report is downloadable as a PDF, and the dated analysis of what the count means is in the refi wall, counted.

A second figure is available to cite, measured in August 2026 from the same register. Across 55,482 charge satisfactions filed within ninety days of a new charge at the same company, which identifies a refinancing rather than an administrative tidy-up, the median life of a UK secured facility is 3.9 years, with quartiles at 1.9 and 6.7 years. Read against every charge on the file, including those released late or never, median register life is 11.8 years, so an outstanding charge is weak evidence that the debt behind it is live. Method and limits are in the methodology note.

A third figure covers what the wall costs rather than when it arrives. Matching each charge to the Bank Rate on the day it was created, the 26,383 dated facilities were signed against a weighted average of 2.22% and refinance into 3.75%, a step of 1.53 points. A third of the book, 8,867 facilities, was signed when Bank Rate stood at or below 0.25%, and those face a step of 3.64 points. Bank Rate is the reference rate and not the coupon, so these are floors: margins have moved as well, and the all-in change on refinancing is larger.

The cost-of-debt benchmark

Solon’s debt-pricing benchmark reads the realised cost of debt from UK companies’ own filed accounts. As at 6 September 2026, the median effective rate across 631 companies carrying a registered charge is 7.68%, with the middle half between 5.54% and 10.83%. The median disclosed margin over a named reference rate is 2.65% (1,203 statements). The Bank of England publishes a single mean of 6.16% for new SME lending (2026-04) and no dispersion. Method and limits are on the benchmark methodology page.

Suggested citation

Source: Solon Corporate Finance, “The UK refinancing wall, counted”, as at 7 July 2026. soloncorporate.com/guides/uk-refinancing-wall-2026-2028

These figures may be quoted freely with attribution and the as-at date. The published datasets are licensed under Creative Commons Attribution 4.0 (CC BY 4.0). If you are working on a story and need a cut of the data we have not published, by region, sector or lender group, ask; if the register supports it, we will run it.

One address for the leadership team.

For comment, data, interviews or corrections: hello@soloncorporate.com. A Managing Director replies within one business day. Client matters go through the contact page.