16th June 2023

Improved Unsecured and Secured Business Loans

Experience expedited loan approvals, flexible repayment terms, and competitive interest rates tailored to your business needs. Unlock new possibilities and propel your business forward with Momenta Finance’s improved business loans.

UK-wide specialist finance provider Momenta Finance has made significant changes to improve their unsecured and secured business loans, as it looks to further support UK SMEs during an increasingly difficult trading period. The new product includes an increased maximum loan amount and longer loan term.

Momenta Finance’s CEO, Luke Jooste commented ‘UK SMEs continue to face an extremely difficult trading environment. We aim to support all small business owners as much as possible, by providing transparent and flexible lending products. Almost half of UK SMEs plan to take out some form of finance this year, be that for survival or growth. Yet, despite this, there are fewer lenders in our direct space and there is an overall reduced credit appetite across the market.’

Danny Girnun, Managing Director at Momenta Finance added ‘We are excited to continue our support through our improved products, for the benefit of our introducers and customers alike.’

The changes made to the improved unsecured and secured business loan product can be summarised as:

Unsecured Business Loans

  • Increased maximum loan size of £250k
  • Increase in interest only period to 12 months
  • Increased loan term of 5 years
  • Competitive rates

Secured Business Loans

  • Increased maximum loan size of £750k
  • Increase in interest only period to 24 months
  • Competitive rates

The changes give Momenta Finance some of the best access and rates in the UK SME lending space.

About Momenta Finance

Momenta Finance, formerly Merchant Money, is a leading provider of alternative finance solutions headquartered in London, United Kingdom. Established in 2013, Momenta Finance offers a panorama of lending options, including unsecured and secured business finance, bridging loans, and business cash advances. The company’s commitment to transparency, tailored approaches, and credible funding has made it a trusted partner for businesses seeking financial support. Momenta Finance is accredited by the British Business Bank and upholds the highest industry standards.