24th January 2024

Swift Funding Facilitates the Expansion of a Family-Run Nursery

“Momenta Finance’s involvement was a decisive factor in the success of our client’s expansion project. Their swift and efficient approach to funding, coupled with their constant communication, made a significant difference,”
James Lewis, Loans Specialist at Bluestone.

Momenta Finance demonstrated its commitment to supporting business growth by providing a substantial unsecured business loan of £250,000 over 60 months. 

The Opportunity

A family-run day nursery in Weybridge, a longstanding client of Bluestone, was poised for significant growth with the planned opening of their fifth nursery. Since its inception in 2018, the nursery has grown steadily, establishing a strong presence in the community. However, this growth opportunity brought with it the challenge of securing sufficient funding to cover essential costs such as decorating, staffing, and other project-related expenses.

The Approach

The nursery initially approached Bluestone for asset finance, however, it quickly became apparent that their financial needs extended beyond initial expectations. The nursery required additional support for decorating and recruitment costs, as their capital reserves were being rapidly depleted.

Recognising this, Bluestone, with its vast experience in delivering bespoke finance solutions, identified the necessity for a more comprehensive financial strategy to adequately support the client’s expansion ambitions. James Lewis, Bluestone’s Loans Specialist, selected Momenta for their proven capacity to comprehensively fund multifaceted projects, especially under tight time constraints.The solution involved structuring an unsecured business loan that would cover the remaining project costs. The loan was tailored to fit the nursery’s repayment capabilities, ensuring financial sustainability. Momenta’s expertise in handling complex funding requirements under time pressure was instrumental in this phase.

The Result

The business loan enabled the nursery to successfully manage its expansion costs and open its fifth location on schedule. James commented “Jake was always available and happy to help – he always had the information we needed and provided updates regularly to everyone involved which helped make the process a lot smoother. Any issues that arose were dealt with efficiently preventing any further delays to an already time-pressured project. I really look forward to working with Momenta Finance again.”

About Bluestone

Bluestone, an award-winning independent broker with over 27 years of experience, specialises in providing bespoke finance solutions to UK businesses. Renowned for their consultative approach, they excel in building long-term relationships with clients, supporting their growth through a range of financial specialisms. These include asset finance, vehicle finance, and cashflow loans.

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 offers a panorama of lending options, including unsecured and secured business finance, bridging and 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.