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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.

Working capital is the lifeblood of any business, and for SMEs, it holds even greater significance. It represents the operational liquidity needed to cover day-to-day expenses, manage inventory, and seize growth opportunities. Adequate working capital ensures that businesses can meet short-term obligations, maintain a healthy cash flow, and navigate unforeseen challenges. Here are some key reasons why working capital is a must for SMEs:

Momenta Finance: A Partner in SME Growth

Understanding the critical role of working capital for SMEs, Momenta Finance offers a range of tailored financial solutions to meet the unique needs of small and medium-sized enterprises. Among their offerings are unsecured and secured business loans, as well as a cash advance option, each designed to empower SMEs on their financial journey.

Unsecured Business Loans:

Momenta Finance’s unsecured business loans provide a hassle-free financial solution for SMEs. Without the need for collateral, businesses can access the capital they need quickly, allowing them to address pressing financial needs without putting their assets at risk. 

Secured Business Loans:

For SMEs with assets to leverage, Momenta Finance offers secured business loans. These loans provide a higher borrowing limit and more favorable interest rates by using assets such as a commercial property as collateral. This option is ideal for businesses looking for larger capital injections and are comfortable securing their loans with valuable assets.

Cash Advance:

Momenta Finance’s cash advance option provides a unique solution for businesses with consistent credit card sales. By offering a lump sum payment in exchange for a percentage of future credit card sales, this option allows businesses to access immediate funds based on their anticipated revenue. This can be particularly beneficial for SMEs experiencing seasonal fluctuations or those in need of quick working capital. 

Case Study: A Healthcare Transformation Fueled by Working Capital

A healthcare SME specialising in supporting vulnerable individuals secured an unsecured business loan of £100,000 from Momenta Finance. Over 60 months, this working capital injection was strategically employed to upgrade security, technology infrastructure, and overall safety measures. The tangible impact was immediate, enhancing daily operations and fostering a technologically advanced and secure environment for both residents and staff.

In the competitive world of SMEs, effective financial management is the key to survival and growth. Working capital stands as the linchpin of this management strategy, ensuring businesses can navigate the complexities of their operations. With Momenta Finance’s suite of financial solutions, SMEs have a reliable partner to turn to. Whether through unsecured or secured business loans or the flexible cash advance option, Momenta Finance empowers SMEs to take control of their working capital, fostering a pathway to sustainable success.

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.

With a rebrand from Merchant Money to Momenta Finance, we’ve not only embraced a new identity but also signified our commitment to evolution and progress.

Business Highlights

One of the cornerstones of our success this year has been the securing of two major funding lines, a testament to the trust and confidence our partners have in us. Barclays Bank PLC and Quilam Capital extended a substantial £115 million funding line, allowing us to enhance both unsecured and secured business loans, as well as offer a highly competitive bridging loan option with an additional £50 million funding line from a reputable bank.

In a bid to enhance user experience and streamline our services, we successfully launched an improved broker portal and decision engine. This technological advancement has not only simplified the application process but also enabled us to provide faster feedback, immediate indicative pricing, and real-time notifications to brokers. A staggering 75% of all our deal submissions now come through brokers via the portal, contributing to a remarkable 145% increase in originations.

In the period from 01 January to 30 November 2023 Momenta Finance experience a 55% growth in assets under management. The diverse nature of our lending is reflected in our strong support across multiple sectors, contributing over 5% to our assets under management. These sectors include Manufacturing and Engineering, Non-property construction & development, Professional and Business Support, Small builders/construction, Wholesale, and Property development. This robust and diversified portfolio not only underscores our commitment to meeting the unique financial needs of various industries but also solidifies our position as a trusted partner in the ever-evolving landscape of financial solutions.

The dedication and hard work of our sales team did not go unnoticed this year. We were honored to be shortlisted for the Unsecured Lender of the Year at the NACFB Lender Awards. Additionally, our team actively participated in various industry events, including broker end-of-year lunches, the Goodwood Car Festival, and numerous conferences and meet-the-funders sessions.

Team Growth and Personal Milestones

Momenta Finance is not just a business; it’s a family. This year, our team expanded with the addition of Jeremy as a Sales Director, joining Tom in leading our sales efforts. We also welcomed Kim to the credit team, contributing her expertise to our underwriting department. Amidst professional growth, our team celebrated personal milestones as three members prepared for parenthood. 

The successes and challenges of 2023 have strengthened our resolve to innovate, grow, and continue delivering exceptional financial solutions. We express our heartfelt gratitude to our introducers, partners, and clients for their trust and collaboration throughout the year.

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.

In the midst of the year-end hustle, SMEs need financial solutions that offer agility, flexibility, and the capacity to propel growth. This is where unsecured business loans come into play. Serving as a strategic catalyst that empowers businesses not only to navigate the challenges of the season but to thrive in the process.

Advantages of a Unsecured Business Loan

Quick Access to Funds: In the ever-fast-paced business landscape, time is of the essence. Unsecured business loans offer SMEs a swift approval process, providing quick access to the capital needed without unnecessary delays. This agility can be a game-changer, especially during the year-end rush, allowing businesses to meet demand promptly and stay one step ahead of the competition.

Flexible Repayment: Flexibility in financial matters is a precious commodity, and unsecured business loans deliver just that. With repayment terms tailored to align with the ebb and flow of your cash flow, SMEs can navigate the challenges of the year-end season without being hampered by rigid payment structures. This flexibility empowers businesses to focus on growth and performance.

Maintain Cash Flow: Safeguarding the smooth operation of a business requires a delicate balance, especially during busy periods. Unsecured loans act as a financial buffer, allowing SMEs to cover essential expenses and meet increased demand without depleting cash reserves. This strategic approach ensures that cash flow remains healthy, enabling businesses to operate seamlessly.

Seize Growth Opportunities: Year-end isn’t just a time of increased demand; it’s also a window of opportunity for growth. Unsecured business loans provide the financial backing needed to seize these opportunities. Whether it’s expanding product lines, launching targeted marketing campaigns, or enhancing online presence. This proactive approach ensures that businesses can propel forward and finish the year on a high note.

Invest in Inventory: A well-stocked inventory is a cornerstone of year-end success, especially when gearing up for holiday demand and capitalizing on sales. Unsecured loans offer the financial support necessary to invest in and replenish inventory, positioning businesses to meet customer needs and capitalize on seasonal trends.

Cover Seasonal Staffing: Unsecured loans provide the means to hire seasonal employees without straining payroll budgets. This flexibility ensures that businesses can scale up their workforce to handle the year-end rush effectively.

Unsecured Business Loan

As we approach the bustling year-end season, SMEs are encouraged to consider the strategic advantages that business loans can bring. Quick access to funds, flexible repayment terms, and the ability to seize growth opportunities are just a few of the benefits that can significantly impact a business’s success. In the dynamic landscape of year-end challenges and opportunities, unsecured business loans emerge as a valuable tool for SMEs looking not just to navigate but to thrive.

Loan Amount£50,000 – £250,000
Loan Term6 – 60 months
SecurityNot required
Personal GuaranteeYes
Over or early repayment:No early repayment charges after 12 months.

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.

That’s where Momenta Finance comes into play, in collaboration with Jack Rowe from the highly reputable brokerage, Funding Bay. Together, they have joined forces to address the financial requirements of numerous UK-based SMEs spanning diverse industries. With their FCA-regulated status and an impressive six-year track record, Funding Bay provides a wide array of business finance products designed to meet the unique needs of SMEs.

In the past month, we’ve witnessed the remarkable success stories of four UK SMEs that have received funding. 

The successful funding of these SMEs is a testament to our exceptional ability to support businesses across a wide spectrum of sectors. But there’s more to this success story than just numbers and figures. It’s about the power of forging strong, productive partnerships between borrowers and lenders, a synergy that is indispensable for SMEs aiming to thrive in today’s competitive marketplace.

In the past month, the remarkable success of four UK SMEs, which received funding, is a direct outcome of the close working relationship between Momenta Finance and Funding Bay.

Successfully Funded SMEs 

The Vital Role of Strong Partnerships

Funding Bay’s decision to partner with Momenta Finance was influenced by their prior experience working together. Their familiarity with Momenta’s affordability criteria streamlined the initial assessment of potential borrowers. Momenta Finance’s capacity to provide rapid decision-making, exemplary service, and competitive rates made them the preferred lender for these transactions.

Jack commented “Brokers typically want two key things from a BDM, someone who’s knowledgeable on their products and easy to get on the phone, Alex Forster, the BDM at Momenta, embodies both of these exceptionally well. He not only possesses a deep understanding of the products but also demonstrates a keen awareness of what Momenta’s underwriters will and won’t approve. Momenta’s ability to provide swift responses is a tremendous asset. A timely ‘no’ is undoubtedly preferable to a protracted one.”

In the ever-evolving landscape of SME financing, the collaboration between Momenta Finance and brokerages like Funding Bay stands as a testament to successful partnerships. Their consistent support for SMEs in various sectors exemplifies the vital role of a trusted financial ally. 

Their dedication to ensuring that businesses receive the funding they require reflects a commitment to the prosperity of SMEs in the UK, cementing Momenta Finance as a reliable presence in the world of SME finance.

Fuelling SME Success with our Unsecured Loan:

Our unsecured lending product offers tailored financing solutions, providing businesses with the necessary support and flexibility they require. This product includes:

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.

The NACFB Commercial Lender Awards stand as a celebration of excellence within the lending community, and we’re honored to be recognised in the category of “Unsecured Funder of the Year.” We extend a heartfelt thank you to our dedicated brokers whose ongoing support has been instrumental in our journey.

Unsecured Product Features:

Our unsecured lending product offers tailored financing solutions, providing businesses with the necessary support and flexibility they require. This product includes:

Your ongoing support means the world to us, and we’re immensely grateful for the opportunity to continue making a significant impact within the industry.

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.

Portfolio Highlights

Our success is not solely measured by the numbers, but also by the strength of our introducer panel. Our panel has experienced a notable 22% increase compared to the previous quarter, a testament to our dedication to collaboration and our ability to deliver exceptional service to our partners.

Notably, construction, retail trade, entertainment, recreation, and travel have experienced substantial growth. However, we are not limiting ourselves to these sectors alone. Our strategic vision revolves around providing tailored financial solutions across a wide range of industries. We are actively partnering with introducers to extend support to SMEs operating in manufacturing, agriculture, transport, and other professional services. This initiative empowers UK businesses with customised financial solutions, fostering growth in critical sectors.

Luke Jooste, CEO of Momenta Finance said “Our success going into the year has been a result of our strategic focus on business loans and a compelling rebrand, both of which have amplified our market presence. As we continue to grow, our commitment remains centred on empowering UK SMEs and nurturing success across diverse industries”.

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 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.

With a comprehensive range of financing options, Momenta Finance stands out by offering clarity, innovation and a client-centric approach. Our compelling business loans provides SMEs with the necessary funds to fuel their growth, without the constraints of traditional financing options.

Understanding Your Business:

We believe that every business is unique and deserves a financing solution that caters to its specific needs. Our experienced underwriters invest time and attention to thoroughly understand your business, its potential, and its financing requirements. By leveraging this in-depth knowledge, we are able to provide the best possible financing options that align with your goals. From unsecured and secured business loans and business cash advances, our extensive portfolio covers a panorama of alternative finance solutions.

Transparent Lending and Financial Confidence:

We prioritise transparency, ensuring that our clients have a clear understanding of the terms and conditions associated with their financing. With Momenta Finance, you can have the financial confidence to make informed decisions and achieve your business potential. Our commitment to transparency extends beyond the initial stages of lending, as we maintain open communication throughout the process, ensuring you are well-informed at every step.

Streamlined Application Process:

We understand that time is of the essence for businesses, especially when it comes to accessing funds. That’s why we have developed a streamlined application process to make obtaining the financing you need easier and more efficient. With Momenta Finance, you can avoid the lengthy and cumbersome traditional lending processes. Instead, we leverage technology to simplify and expedite the application and approval process. Getting you the funds you require in a timely manner.

Accredited and Industry-Recognised:

We take great pride in our commitment to upholding the highest industry standards. We are accredited by the British Business Bank, a government-owned institution. Which reflects our adherence to stringent regulations and our dedication to providing reliable and trustworthy financial solutions. Furthermore, we collaborate closely with other industry experts to stay ahead of market trends and continuously improve our offerings, ensuring that our clients receive the best possible financing solutions.

We strive to be your trusted partner in helping your business succeed. If you are looking for more than just financing, if you want a collaborative partner who understands your business and shares your vision for growth, we invite you to get in touch with us today.

Our experienced team is ready to work closely with you, offering not only financial solutions but also strategic guidance and support. Whether you need assistance with expansion plans, cash flow management, or navigating the complexities of the business landscape, Momenta Finance is here to help.

Don’t settle for a traditional lender that only sees your business as a transaction. Choose Momenta Finance, a partner who will invest time and attention into understanding your unique needs and provide tailored solutions to help your business thrive.

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.