“Our recent experience with Ronan at Momenta Finance proved exactly why they’re a lender we trust.” Joe Watson, Managing Director at UK Asset Finance
Rapid Funding Powers Growth for Leading Diamond Drilling Specialist
In early 2025, a well-established diamond drilling and concrete cutting business operating nationwide sought rapid funding. They aimed to both refinance existing borrowing and inject fresh capital for growth. With a reputation for professionalism, safety, and high-quality service delivery, the company is a trusted partner for commercial construction projects. It offers diamond drilling, concrete cutting, floor sawing, and robotic demolition services.
The Opportunity
The business identified the need to refinance approximately £70,000 of existing borrowing and secure an additional £55,000 in fresh working capital through rapid funding. This funding would allow the company to optimise its financial structure and invest in new equipment. Additionally, it would further enhance its service offering, all while supporting continued growth in a highly competitive sector.
Momenta Finance’s Solution
Working with Joe Watson, Managing Director at UK Asset Finance as their introducer, the client was introduced to Momenta Finance. An unsecured business loan under the Growth Guarantee Scheme (GGS) was swiftly arranged, with a total facility of £125,000 over a 60-month term. They sought rapid funding, and the offer was sent out on 26th February 2025. Impressively, the funds were in the client’s account just two days later. This rapid turnaround ensured there was no disruption to ongoing operations or planned investments.
The Outcome
With the new funding in place, the business was able to refinance its previous RBS facility on more favourable terms. They accessed fresh capital to support expansion. The additional funds enabled investment in state-of-the-art machinery, further strengthening their position as a premier provider of diamond drilling and concrete cutting services. The rapid funding they received allowed the business to continue to uphold its reputation for professionalism, safety, and efficiency. It delivered outstanding results for clients across the construction industry.
The Introducer’s Perspective
“At UK Asset Finance, we take pride in matching our clients with the right funding partners – and our recent experience with Ronan at Momenta Finance proved exactly why they’re a lender we trust. Thanks to their speed, professionalism, and flexible approach, our client was able to secure the finance they needed without delay.”
– Joe Watson, Managing Director at UK Asset Finance
Conclusion
This case study highlights Momenta Finance’s ability to deliver fast, flexible funding solutions for ambitious businesses in specialist sectors. By working closely with introducers like UK Asset Finance, Momenta ensures that clients receive the support they need to grow, invest, and maintain their competitive edge in the marketplace. Rapid funding solutions can be a vital tool for businesses looking to navigate competitive markets effectively.
About UK Asset Finance
Your trusted partner in navigating the complex world of commercial finance in the United Kingdom. UK Asset Finance has a team of experienced financial experts and a deep understanding of the industry. It is committed to providing tailored financial solutions that help businesses thrive and grow.
Whether you’re a small start-up looking for seed funding or an established company seeking expansion or restructuring, UK Asset Finance are ready to assist you. They help in securing the rapid funding options that best meet your unique requirements.
