18th August 2023

Refinancing with Momenta Finance

In a world of economic turbulence and shifting interest rates, Momenta Finance stands resolute in its commitment to helping UK SMEs secure the funding they need. We understand the challenges posed by these ever-changing circumstances, and we are here to provide you with the support you need.

Our commitment is reflected in our Refinancing Solutions – a pathway towards managing existing loans more effectively.

Our refinancing loans are designed to offer borrowers better interest rates and extended loan terms, making their existing loans more manageable and affordable. Whether it’s reducing monthly obligations, lowering interest payments, or gaining more control over one’s financial future, refinancing offers flexibility and customisation.

Why Opt to Refinance Existing debt?

Borrowers often opt for refinancing when faced with high interest rates or changing financial circumstances. The decision to refinance can stem from various motivations:

  1. Lower Interest Rates: With fluctuating interest rates, borrowers may find themselves paying higher interest on their existing loans. Refinancing allows them to secure a new loan with a lower interest rate, resulting in reduced interest payments over time.
  2. Improved Loan Terms: Longer loan terms provided through refinancing can lead to decreased monthly payments, providing borrowers with more breathing room in their budgets. This extended timeline can be especially beneficial when managing multiple financial commitments.
  3. Debt Consolidation: Refinancing can also be an avenue to consolidate multiple loans into a single, more manageable payment. This streamlines finances and simplifies the repayment process.

Recent Refinanced Deals

Within the first two weeks of August, we successfully refinanced several loans, presenting significant benefits to borrowers. Notably, a key highlight of these transactions was the reduction in monthly interest rates, affirming our steadfast dedication to bolstering the financial wellness of our borrowers. It’s worth highlighting that this reduction resulted in interest rates being lowered by an impressive range of between 1.3% – 3.9%. 

Additionally, many borrowers not only benefited from reduced rates and longer terms but also gained access to fresh funds to further support their financial goals. While we take pride in these achievements, our work does not stop here. Presently, our dedicated team are diligently working on additional refinance offers, meticulously tailored to address the unique and evolving needs of our diverse clientele.

As the financial world continues to evolve, we stands as a resolute partner, unwavering in our commitment to equipping borrowers with the necessary tools and strategies to confidently navigate financial uncertainties while seizing emerging opportunities.

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.