A highly rated plumbing and heating business is based in Surrey. It is known for its commitment to reliability, quality workmanship, and customer service. The business recently sought a funding solution to optimise its day-to-day operations. The company has a reputation for delivering friendly, knowledgeable, and efficient service across a wide range of plumbing and heating needs. As a result, it has become a trusted name for both domestic and commercial clients in the region.
The Opportunity
As the business continued to grow, it faced the challenge of managing outstanding obligations. Meanwhile, it had to maintain the high standards its customers expect. Freeing up working capital became essential to ensure smooth daily operations. This allowed the company to remain agile in a competitive market. The management team recognised that addressing these obligations would enable the business to focus on delivering exceptional service. Additionally, investing in quality materials and supporting its skilled workforce would be possible.
Momenta Finance’s Solution
With the support of Padraig Connellan, an AFS member Commercial Finance Options Ltd, the business was referred to Momenta Finance. Our Sales Director Jeremy Crinall worked closely with Padraig and the client. Together, they structured a tailored unsecured business loan of £100,000 over a 60-month term. This facility provided the flexibility and breathing room needed. It benefited from no exit or early repayment fees. Importantly, it did not require asset security.
The Introducer’s Perspective
“Working with Momenta Finance and Jeremy Crinall was a seamless process. Their understanding of the client’s needs and flexible approach made all the difference, enabling the client to secure the funding required to keep their operations running smoothly and efficiently.”
– Padraig Connellan, AFS member Commercial Finance Options Ltd
Conclusion
This case illustrates how Momenta Finance, in collaboration with experienced brokers, can provide rapid, adaptable funding solutions. These are tailored to the unique needs of local businesses. By unlocking working capital, Surrey’s plumbing and heating specialists are well-equipped. They can continue their tradition of quality, reliability, and outstanding customer service.
About AFS
Asset Finance Solutions, part of the AFS Group, is a multi-award-winning broker network. It is one of the largest in the UK. AFS supports over 140 independent brokerages and places more than £1 billion in business lending every year. Founded in 2005 and headquartered in Blackburn, AFS provides commercial and asset finance expertise. AFS also offers compliance support and access to an extensive panel of more than 90 funders. This enables UK SMEs and finance professionals to secure tailored funding solutions.
Commercial Finance Options Ltd is an independent Asset finance broker not a lender. We can introduce you to a wide range of finance providers depending on your requirements and circumstances. However, we are not independent financial advisors, and so are unable to provide you with independent financial advice.
Commercial Finance Options Ltd will receive payment(s) or other benefit from the finance provider if you decide to enter into an agreement with them. Commercial Finance Options Ltd is an appointed representative of AFS Compliance Ltd which is authorised and regulated by the Financial Conduct Authority under number 625035.
Throughout the day, our team enjoyed insightful conversations with both new and familiar faces. It was a pleasure to exchange ideas, discuss the latest trends in commercial finance, and explore potential collaborations. The enthusiasm and expertise of everyone we met truly made the event a highlight in our calendar.
This year, we were proud to introduce several new members of the Momenta Finance team to the prestigious NACFB event alongside our experienced colleagues. Their combined energy and commitment ensured that every visitor to our stand received a warm welcome and a memorable experience.
We are delighted to congratulate Jasmine O’Rourke, the winner of our Pamper or Putt Experience at The Belfry Hotel & Resort. Jasmine will enjoy an overnight stay, breakfast, a three-course dinner, and the choice between a round of golf or a relaxing spa treatment.
We would like to extend our sincere thanks to everyone who visited our stand and engaged with us during the expo. Your interest and enthusiasm are greatly appreciated. Furthermore, we look forward to building on the connections made at this year’s event.
As we reflect on a successful day, we are excited about the opportunities ahead. We are already looking forward to next year’s expo. In the meantime, please enjoy our event highlights and stay connected for more news and updates from Momenta Finance.
Capturing the Experience
Our team worked diligently to capture the spirit of the day, taking numerous photos and videos to document the event. We invite you to explore our post-event gallery and highlights video. They showcase some of the best moments from the expo.
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.
When Tru-Tension, a rising star in the motorcycle and motorsport maintenance industry, sought funding for expansion, Momenta Finance partnered with Tom from Approved Finance to provide a tailored financial solution. This case study showcases how Momenta’s flexible approach to lending can support innovative businesses in their growth journey.
The Client
Tru-Tension designs, manufactures, and sells a range of high-quality maintenance solutions for motorcycles, bikes, and karts. The company, founded by Chris Frappell, has gained recognition for its innovative, patent-protected products that help enthusiasts achieve precise chain and belt tension. Tru-Tension’s potential was recognised nationally when Chris Frappell appeared on the BBC’s Dragons’ Den in 2018. The company secured investment from Touker Suleyman, highlighting the unique value proposition of their products.
The Opportunity
Tru-Tension was poised for significant growth by establishing a strong brand presence and a loyal customer base. To capitalise on this momentum and take their business to the next level, they identified the need for additional capital to fuel their expansion plans, maintain healthy stock levels, and ensure seamless business continuity. This presented a fantastic opportunity for Tru-Tension to solidify its position as a leading provider of innovative motorcycle maintenance solutions.
Momenta Finance’s Solution
After careful consideration of Tru-Tension’s business model and growth potential, Momenta Finance provided a tailored unsecured business loan with the following terms:
- Loan Amount: £100,000
- Loan Term: 60 months
- Loan Type: Unsecured Business Loan
- Key Feature: No exit or early repayment fees
The Outcome
With the funding from Momenta Finance, Tru-Tension was able to increase its inventory, ensuring product availability to meet growing demand and strengthening its customer satisfaction. Furthermore, they were able to invest in research and development, potentially leading to new innovative products that would further solidify their market leadership.
The loan also allowed them to expand their market reach, both domestically and internationally, growing their brand presence and sales volume. Finally, they strengthened their supply chain to maintain their commitment to quality and affordability, ensuring they continue to deliver exceptional value to their customers.
The loan has positioned Tru-Tension to capitalise on its success and patent-protected designs, setting the stage for significant growth in the competitive maintenance market.
The Introducer’s Perspective
“Working with Momenta Finance and Tom Shave was a seamless experience from start to finish. Their proactive approach, clear communication, and genuine understanding of Tru-Tension’s growth ambitions made all the difference. The flexibility of their unsecured loan product, especially with no early repayment fees, provided our client with the confidence and freedom to pursue their expansion plans. I wouldn’t hesitate to recommend Momenta to any business looking for a supportive and forward-thinking lending partner.”
– Tom Sudds, Approved Finance
Conclusion
This case study demonstrates Momenta Finance’s ability to recognise and support innovative businesses with high growth potential. By providing flexible, unsecured funding to Tru-Tension, Momenta has not only facilitated the company’s expansion but also contributed to the broader ecosystem of British entrepreneurship and innovation in the motorsport industry.
The success of this deal showcases Momenta Finance’s commitment to understanding unique business models and tailoring financial solutions that align with a company’s growth trajectory and market potential.
About Approved Finance
Since its inception in 2019, Approved Finance Group is one of the fastest-growing and market leading finance brokerages in the UK with over 40+ years of experience within the business finance arena. Our mission is to revolutionise the way business owners experience finance. Unlike traditional high street banks and lenders, Approved understands that business owners need faster finance solutions – so you can make decisions quickly and efficiently allowing you to seize opportunities for growth.
Product Overview
With borrowing amounts ranging from £350,000 to £500,000 and repayment terms spanning from 6 to 72 months, this unsecured loan provides businesses with the financial freedom to invest in a variety of areas. Whether you’re looking to refinance existing debt, expand your operations, purchase property or machinery, invest in marketing, or manage day-to-day working capital, our loan is tailored to meet diverse business needs.
One of the standout features of this loan is the absence of early or over-repayment fees, giving businesses the flexibility to manage repayments on their own terms. To ensure responsible lending, a personal guarantee from at least two homeowners is required. Additionally, we offer convenient payment options, including direct debit, bank transfer, debit card, or PayPal, making it easier for businesses to stay on top of their repayments.
Applying for the loan is straightforward and designed to be hassle-free. Our online application process does not impact your credit score, and we aim to provide quick decisions so you can access funds promptly and take advantage of growth opportunities without delay.
At Momenta Finance, we are committed to providing transparent, accessible, and responsible lending solutions that help UK businesses thrive. Our Enhanced Unsecured Business Loan is a testament to this commitment, offering the financial support SMEs need to seize new opportunities and overcome challenges without risking their valuable assets.
If you’re ready to explore how this loan can support your business ambitions, we invite you to apply online or get in touch with our team for more information. Call us on 0800 848 8480 or email broker@momentafinance.co.uk.
Empower your business with the financial flexibility it deserves – choose Momenta Finance’s Enhanced Unsecured Business Loan.
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 suite 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.
When Jason Bailey, Director of DJB Business Finance, approached Momenta Finance with a complex business buyout scenario, it set the stage for an Unsecured Business Loan. This loan would showcase Momenta’s adaptability and commitment to finding tailored solutions for their clients SME Buyout.
The Challenge
The client was a business with two 50:50 shareholders, where one partner wished to buy out the other. The main challenge lay in structuring the finance in a way that would allow for a clean exit of one shareholder. This exit would not require their ongoing financial commitment. Many lenders in the market were unable to accommodate this requirement, insisting on personal guarantees (PGs) from both the exiting and remaining shareholders. The solution had to include an unsecured business loan specifically for the SME buyout.
Momenta Finance’s Solution
After careful consideration of the unique circumstances, Momenta Finance provided a tailored unsecured business loan with the following terms:
Loan Amount: £100,000
Term: 60 months
Product: Unsecured Business Loan
Flexible Underwriting Approach
Momenta Finance demonstrated their flexibility by agreeing to structure the loan with a personal guarantee from only the remaining shareholder. This approach set Momenta apart from other lenders who required guarantees from both parties. The unsecured business loan facilitated the SME buyout effectively.
The Outcome
Thanks to Momenta Finance’s flexible lending approach, the business successfully completed the buyout transaction. The remaining shareholder gained full control of the company without the complication of ongoing financial ties to the exiting partner. This clean break allowed for a smooth transition in ownership and management. It positioned the business for future growth under unified leadership. This success was possible due to the unsecured business loan SME buyout solution provided.
Testimonial
“This deal was not straightforward – from our initial conversation, Momenta were proactive by engaging with the senior credit team at an early stage. Once we had a positive outcome they really helped us through the credit, documentation and payout process, keeping DJB updated. I always say the service we give our customers is only as good as the service we get from our lending partners.”
– Jason Bailey, Director of DJB Business Finance
Conclusion
This case study demonstrates Momenta Finance’s ability to provide innovative financial solutions in challenging scenarios. By offering a flexible unsecured loan and adapting their underwriting criteria, Momenta enabled a smooth business transition. This might have been impossible with more rigid lenders. Their role in the unsecured business loan SME buyout was pivotal to the deal’s success.
The success of this deal benefited the client and also strengthened the relationship between Momenta Finance and DJB Business Finance. It showcased the value of partnership in navigating complex financial transactions.
About DJB Business Finance
DJB Finance & Leasing Ltd was founded by Jason Bailey, who has 30 years of experience in the asset finance sector. As an independent and privately owned company, DJB offers access to a diverse panel of funders. This ensures tailored financial solutions for clients. The company provides knowledgeable and personalised service. They aim to build long-term relationships based on integrity and a deep understanding of clients’ businesses and funding needs. By offering asset finance solutions, DJB helps preserve traditional working capital facilities, enabling businesses to allocate resources for future growth effectively. This includes scenarios like securing an unsecured business loan for SME buyout transactions.
The Client
A seasoned UK real estate investor sought to acquire an existing commercial property. The client required swift funding to secure the asset amidst competition from other interested parties. They needed a secured loan for UK commercial real estate.
The borrower faced a tight deadline, needing to complete the purchase within 4 weeks to outpace competing offers. This urgency demanded a rapid funding solution and a streamlined approval process for the commercial real estate secured loan.
Momenta’s Bespoke Solution
Working closely with the broker, Salinas Corporate Finance, Momenta Finance acted as the lender for this deal with its ability to provide a tailored financing package and expedited approval process. Our secured loan product met the client’s needs for acquiring UK commercial real estate.
Loan Amount: £1,250,000
Loan Term: 24 months
Interest-only loan at SONIA + 7.2% per annum
Special Features:
- No exit fees
- No early repayment fees
Fast-Tracked Completion
The full credit approval granted within 24 hours, contingent upon a valuation. The entire funding process, including the RICS valuation and legal work, completed in less than three weeks. This rapid turnaround facilitated by constant communication with all parties involved, ensured that every step of the transaction was smooth and transparent. The secured loan for UK commercial real estate was crucial in enabling the borrower to secure the asset. The team’s commitment to expediency and clarity played a crucial role in enabling the borrower to secure the commercial real estate asset.
Testimonial
“With Momenta, I got quick access to the right people, to firstly get the deal approved and secondly to iron out some specific challenges, of which there were a number. All of the key people involved in the deal were readily accessible and responsive and everyone pulled in the same direction. They kept me constantly updated on progress. The lender showed flexibility in the face of several unexpected complications and got the deal completed ahead of the client’s critical deadline.”
– Peter Lloyd – Salinas Corporate Finance, part of the Synergy Commercial Finance network
Conclusion
This case study highlights Momenta Finance’s ability to deliver rapid, tailored financing solutions for commercial real estate acquisitions. By combining a competitive interest rate, flexible terms, and an accelerated approval process, Momenta Finance enabled the client to seize a valuable investment opportunity in a highly competitive market with a secured loan for UK commercial real estate.
About Salinas Corporate Finance
With more than 35 years’ experience in commercial finance, Salinas Corporate Finance is dedicated to achieving the best funding solution available, by accessing market-wide funding for all aspects of business finance. Their combination of attention to detail and creative thinking means they source and access funding, based on clearly understanding your requirement and working out the right finance solutions for you and your business. www.salinas.finance
About Synergy Commercial Finance
Synergy Commercial Finance Synergy Commercial Finance is an award-winning commercial finance broker network. Their innovative Broker in a Box offering provides all the tools needed to start and grow a commercial finance brokerage. www.synergy.finance
Salinas Corporate Finance Limited is an Appointed Representative of AFS Compliance Limited which is Authorised and Regulated by the Financial Conduct Authority No. 625035. Salinas Corporate Finance Ltd is a franchisee of Synergy Commercial Finance Ltd.
Momenta Finance today announces that Luke Jooste is stepping down as Chief Executive Officer to take on a new role as Managing Director of Business Finance at Secure Trust Bank.
During his tenure, Luke played a pivotal role in shaping Momenta Finance’s growth strategy, solidifying its position as a leading provider of business loans, property finance, and asset finance solutions for UK SMEs. The Company is pleased to confirm that following his departure, Luke will continue to contribute to Momenta in a Non-Executive Director capacity.
Momenta is entering an exciting new phase and remains fully committed to its ambitious growth plans. With the strong backing of its shareholders and lending partners, the business is well-positioned to accelerate its expansion and continue delivering outstanding financial solutions for UK SME’s. To ensure a smooth transition, Jonathan Stern has been appointed Interim CEO, effective immediately, while the Board of Directors undertakes a comprehensive search for a permanent successor.
In addition, the Board will be further strengthened with the appointment of principals from its two anchor shareholders, reinforcing governance and demonstrating their long-term commitment to Momenta’s success. With strong funding lines, a best-in-class technology platform, and an exceptionally talented team, Momenta is poised for a dynamic future. This leadership transition marks an exciting opportunity to build on Momenta’s strong foundation and unlock new avenues for growth,innovation and long term success.
Momenta extends its gratitude to Luke for his invaluable contributions and wishes him every success in his new role. Momenta looks forward to maintaining a strong professional relationship with both him and Secure Trust Bank in the future.
London, 3 March 2025
The Bank of England recently announced its third interest rate cut in six months, reducing the base rate to 4.5%. This decision marks a positive shift in the lending landscape. Since our business loans are based on variable interest rates, we are excited to pass these lower rates on to your clients.
How This Affects Our Loans
Our variable-rate business loans, starting from SONIA + 7.5% p.a., will immediately reflect this rate cut. As SONIA (Sterling Overnight Index Average) closely follows the Bank of England base rate, your clients will enjoy lower interest rates on their loans.
Benefits for Your Clients
- Lower interest rates reduce monthly repayments and so improve cash flow for businesses.
- Businesses can now access larger loan amounts, with unsecured loans up to £350,000 and secured loans up to £1.5 million.
- Our variable-rate loans allow borrowers to benefit from potential future rate cuts and more are expected throughout 2025.
- We have extended our maximum loan term to 72 months hence giving borrowers more time to repay at these favourable rates.
Why Choose Momenta Finance
- Competitive Rates: We offer some of the most competitive variable rates in the market.
- Tailored Solutions: Our manual underwriting process enables us to address complex lending needs effectively.
- Support for Growth: Our loans are designed to help businesses seize growth opportunities in an improving economic climate.
Additionally, our flexible interest-only periods—up to 12 months for unsecured loans and 24 months for secured loans—provide your clients with more options for managing their finances.
Don’t miss this opportunity to help your clients take advantage of these favourable lending conditions. Contact your dedicated Business Development Manager today to discuss how we can support your clients’ financial needs.
Momenta Finance recently provided crucial financial support to acquire an established enterprise in the property furnishing sector. This case study illustrates how our flexible lending approach facilitated a seamless business transition. Stuart Milton from Reservoir Finance worked with us to meet their client’s needs effectively.
The Client
The prospective business owners were seasoned professionals seeking to acquire an 18-year-old enterprise specialising in furniture, white goods, and furnishings for housing associations, local councils, and private landlords. It operates from a strategically located warehouse in Burton on Trent, which has expansion potential. The business boasts a robust workforce with long-standing team members.
The Challenge
Our clients required a substantial loan to finance the acquisition, with specific requirements:
- Loan amount up to £250,000
- Flexible repayment terms
- Capacity to accommodate a deferred payment structure
Momenta’s Bespoke Solution
Following a comprehensive assessment of the client’s requirements and the business’s potential, Momenta Finance crafted a tailored lending package:
Amount: £250,000
Term: 60 months
Facility: Growth Guarantee Scheme
Special feature: No exit or early repayment fees
Key Lending Features
Momenta Finance’s solution offered flexibility that was aligned with the client’s cash reserves maturing. We utilised a government-backed Growth Guarantee Scheme facility to support the transaction. This adaptable approach ensured that the financial package met the client’s immediate needs while accommodating their long-term financial planning.
Testimonial
“This deal had several challenging aspects that caused reluctance from multiple lenders to support it. However, Jeremy Crinall and all the Momenta team were prepared to take a positive view once provided with a comprehensive background, financials and business plan. Our client was exemplary but still this was an acquisition where assets were very limited and Momenta took time to understand and create the best solution using the GGS scheme and still meet a very tight deadline. A great outcome all round!”
– Stuart Milton, Reservoir Finance
Conclusion
The lending solution provided by Momenta Finance empowered the clients to acquire a reputable business in a specialist market successfully. It enabled them to preserve the company’s experienced team and operational integrity, ensuring business continuity. Furthermore, the financial structure created a robust platform for future business development, positioning the new owners to capitalise on growth opportunities within the sector.
This case study exemplifies Momenta Finance’s commitment to providing sophisticated, adaptable financial solutions for complex business acquisitions. By deeply understanding the transaction’s nuances and the clients’ financial landscape, we delivered a lending package that addressed immediate funding requirements while supporting long-term strategic objectives. Our collaboration with Stuart Milton from Reservoir Finance further enhanced our ability to meet their client’s needs effectively.
About Reservoir Finance
Reservoir Finance is an independent commercial brokerage dedicated to providing businesses with the best funding options across a wide market of lenders. Whether the finance requirement is straightforward and purely based on cost or more unusual and complex needing a specialist lender prepared to be flexible and who truly understands the diversity of business circumstances
