The quantity one cause to refinance your auto loan is to basically save funds. The as low as price applies to present year and prior year model vehicles and a loan amount greater than $15,000. With Enterprise Banking , you are going to obtain guidance from a team of small business pros who specialize in helping strengthen cash flow, giving credit options, and on managing payroll. It is a very good idea to calculate any potential savings on a new loan just before you collect the necessary information and fill out the application. Some lenders will really penalize you for paying off a loan early, as this cuts into the profits they make on interest.