7th August 2023

Momenta Finance Flourishes Amidst Economic Uncertainty

In the midst of heightened economic uncertainty and soaring interest rates, Momenta Finance has emerged as a resilient force, bolstered by a remarkable 22% growth in its introducer panel.

This strategic expansion has paved the way for an impressive 145% upswing in originations across the spectrum of its product offerings, cementing Momenta Finance’s reputation as an introducer-centric financial partner that thrives even in challenging times.

Highlighting its financial strength, Momenta Finance secured funding from two esteemed partners. With the backing of a £115 million funding line from Barclays Bank PLC and the strategic collaboration with Quilam Capital, Momenta Finance is well-positioned to continue providing essential financial solutions to businesses.

A key distinguishing feature of Momenta Finance’s success lies in its commitment to a quick turnaround. As businesses grapple with time-sensitive financial needs, Momenta Finance has streamlined its processes, boasting a service level agreement (SLA) that ensures swift responses and efficient solutions. This dedication to a quick and efficient response empowers businesses to navigate uncertainty with confidence. 

A recent illustration of Momenta Finance’s agility is the funding of an unsecured £250,000 loan to a company operating in the events space.  Introduced via a trusted partner, the 5-year facility was funded in less than 4 days from submission. This accomplishment serves as a testament to the company’s commitment to providing versatile financial solutions and efficiently showcases Momenta Finance’s ability to swiftly assess, approve, and deliver on financial requirements.

The company’s introducer-centric philosophy, coupled with robust funding partnerships, solidifies its status as a trusted ally in navigating the complexities of the current economic landscape.

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 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.