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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.

A commercial mortgage is a specialised loan designed for businesses that currently own their trading premises or are looking to purchase new or additional business premises, it is tailored to meet the unique needs of this type of commercial property financing.

Exploring Our Interest-Only Commercial Mortgages:

We take a personalised approach, using manual underwriting to consider the bigger picture and provide tailored finance solutions for our clients. Here’s what you can expect from our Interest-Only Commercial Mortgages:

Is an Interest-Only Commercial Mortgage the right solution?

If you already own your trading premises and need to access equity for various reasons like boosting cash flow, renovating the building, purchasing assets, or expanding your business, our commercial mortgage might be the perfect fit. 

If you’re looking to buy your trading premises from the current landlord or acquire new ones to expand your business, our team can help.

Here’s why it might be ideal for your business’s growth plans

Quick Funding Turnaround: In the fast-paced business world, time is of the essence. Our Interest-Only Commercial Mortgages are designed for a quick turnaround, with most loans processed in less than four weeks.

How to apply for an Interest-Only Commercial Mortgages 

To get started, complete and submit an application form. We’ll then assess the property’s value and conduct legal due diligence. If approved, you’ll receive a mortgage offer. 

To apply, you will need to supply the following documents:

We’re is committed to helping you navigate the world of commercial property finance. If you’re ready to expand your business, purchase office space, or upgrade your premises, our team is here to guide you through the process and provide the financial tools necessary to propel your business forward. 

Contact us today to explore how our Interest-Only Commercial Mortgages can be tailored to your unique business needs. Your future success begins with the right financing choice.

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.

Jeremy, also known as Jez, brings his record of finance excellence to his role as Sales Director at Momenta Finance. With a distinguished career marked by consistent achievements, Jez exemplifies leadership, growth, and relationship-building.

Jez has an extensive background in various sectors of finance, notably excelling in working with brokers. His career began in leasing, with Econocom, formerly ECS a wholly owned subsidiary of Soc Gen. He later ventured into business lending at Funding Circle, showcasing his adaptability. His leadership talents shine through his experience at Funding Circle, where he played an instrumental part in its transformation from a company of 70 to a formidable size today. Throughout, Jez’s knack for new business development is evident, consistently surpassing targets and expanding market presence.

Beyond his professional achievements, Jez is recognised for his genuine and open approach to relationship-building. His emphasis on trust has not only fostered strong external partnerships but also a collaborative atmosphere internally.

Jez’s dedication is not confined to the workplace. Family comes first; his tight-knit family of four recently welcomed a new member, an energetic pup named Dotty. His commitment to coaching and development is also evident in his coaching of two football teams on weekends.

Contact Jez

For brokers looking to connect with a seasoned professional who understands the nuances of the industry, Jez is the go-to person. Don’t hesitate to reach out and connect jeremy.crinall@momentafinance.co.uk.

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.

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.

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.

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.

UK-wide business lender Merchant Money (Momenta Finance) has been shortlisted in the Unsecured Lender of The Year category of the prestigious NACFB Patron Awards.

MM was chosen based on the previous 12 months success in providing unsecured funding facilities through its broker network to UK SME’s. These facilities were in the form of RLS loans, backed by the British Business Bank and non-Government backed traditional loans. MM also successfully raised an additional £150 million funding line provided by a major UK clearing bank and Shawbrook, in support of lending. This was their largest single fund raise to date. As a net result, MM grew its combined unsecured loan book more than 35%.

Several factors make this achievement remarkable:

Luke Jooste, CEO of MM comments ‘I am delighted that we have been shortlisted for this important industry award and I am incredibly proud of our team that continues to keep UK SMEs at its heart. We will once again be looking for the support of our brokers when voting opens. I look forward to meeting the other deserving finalists on the night.’

This year there were over 230 applications from more than 70 organisations across 15 categories. The awards will take place on Thursday 24th November 2022 at the Westminster Park Plaza.

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.

Bolstering Lending Books and Position in Evolving SME Market

Momenta Finance is delighted to announce £115m of additional funding from Barclays Bank PLC and new partner Quilam Capital.

The funding will be used to grow its lending books across its secured and unsecured products. This will add to its existing senior funding lines.

Since 2013, Momenta Finance has been steadfastly providing secured and unsecured business loans to SMEs on a UK-wide basis. The business, which secured British Business Bank accreditation for CBILS & RLS lending respectively, added bridging and secured loans to its offering in 2020. An area in which it has achieved good success to date.

Challenging market conditions have seen a continued retrenchment of traditional high street lenders and alternative funders in the SME lending space. Momenta Finance is now well positioned to grow in this market.

Jonathan Stern, Co-Founder and Chief Financial Officer of Momenta Finance, commented:

“We are extremely proud to have secured such significant funding lines from two prestigious partners in difficult market conditions. The funding package consists of a combination of senior and junior capital. Allowing for an even more compelling product offering. We have already funded our first deals using this capacity and the market reaction to our improved products has been extremely positive”.

Matt Glew, Director at Quilam Capital stated:

“We are very happy to be supporting Momenta Finance into what we expect to be a very exciting next stage of its journey. Despite the current headwinds, there remains significant market opportunity in the SME space. Which the business is now in a prime position to fully capitalise on. We have been very impressed by the ambitions of the management team and are looking forward to seeing our capital deployed in order to help achieve their goals.”

Sean White, MD of Securitised Products at Barclays, commented:

“We are delighted to support Momenta Finance with a new senior warehouse facility that will assist in funding the business’s growth plans in the UK SME sector. Our strategy in the Corporate and Investment Bank is grounded in delivering for clients.”

Behind the scenes, Momenta Finance has been working hard to ensure the business is in the best shape possible to deploy this additional capital. This involved the recruitment of fifteen additional members of staff across a broad range of functions. Introducing open banking and launching a new online broker portal.

Luke Jooste, CEO of Momenta Finance commented:

“Despite the likelihood of a tough trading environment during 2023, our goal remains to support the UK SME sector. Alongside our supportive founding shareholders, this new funding will fuel the next phase in Momenta Finances growth aspirations. We are incredibly excited to be partnering with Quilam who bring a wealth of knowledge and expertise in the specialist lending space”.

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 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.

We are proud to report exceptional performance in Q1 of this year, with origination growth up significantly compared to 2022. This achievement was made possible by the successful improvements made to our unsecured and secured business loans, which were as a result of the £115m funding raised from Quilam Capital and Barclays Bank PLC. In addition, we expanded our business development team and welcomed Jake Bebbington and Alex Forster, who are supporting Tom Shave, our Sales Director. 

First Quarter Achievements in Multiple Sectors and Acclaim from Brokers

We are delighted to see our first quarter success spread across a wide range of sectors. This includes care homes, automotive, dental, manufacturing, logistics, and event organisers across the UK. This accomplishment is further strengthened by the feedback from our broker community. They highlight the 5-year term, competitive pricing, and account management as the particular strengths of our offering.

Luke Jooste, our CEO, remarked, ‘We expected the additional funding and product improvements to be well received, but the tremendous feedback from our broker community has surpassed our expectations. As we move into Q2, we’re eager to build on this momentum. We attribute this achievement to the unwavering commitment of our team to provide innovative financial solutions to UK’s SMEs. We also extend our heartfelt gratitude to our valued broker partners. Their invaluable support and feedback played a key role in our phenomenal growth.

Looking ahead, we plan to continue growing our loan book by fully utilising our existing funding lines. Despite the challenging macroeconomic environment for UK SMEs, we remain committed to supporting them to the fullest extent possible. Simultaneously, we aim to strengthen our relationships with our network of business introducers.

If you’re interested in learning more about our business loan products or joining our broker panel, please email broker@momentafinance.co.uk. We look forward to continuing to work with our broker community to empower UK SMEs with the financing solutions they need to 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 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.