Momenta Finance

Who are Momenta Finance?

Momenta Finance, previously Merchant Money, launched in 2013 and is a business finance lender that provides fast and flexible funding to small businesses in the UK. They provide financing worth up to £2,000,00 to help SMEs build and expand their business.

What type of business financing does Momenta Finance offer?

Momenta Finance offers a range of business finance solutions, including:

Business Loans

Momenta Finance offers unsecured business loans from £50,000 to £250,000 and secured business loans from £50,000 to £750,000. Both business loans have the option to borrow over a 6 to 60-month term.

Bridging Loans

Bridging loans are available to developers for residential and mix-use projects. Momenta Finance's bridging loans range between £200,000 up to £5,000,000 over a 24-month term.

Business Cash Advance

Momenta Finance also provides a business cash advance where your business can secure up to £150,000 against future card revenue to help grow your business. Repayments are only made when your customers pay you by card - making the repayments flexible and manageable because they’re in line with cash flow.

How do you apply and qualify for funding with Momenta Finance?

Qualifying for finance from Momenta Finance will vary depending on your chosen product. They generally accept UK-based limited companies, sole traders and unincorporated partnerships.

To qualify for the business loan from Momenta Finance, you must have a minimum annual turnover of £350,000. The director or shareholder applying must have no active CCJs, and they must also be a homeowner over the age of 18.

To qualify for a bridging loan, the property must be residential or mixed use and must be in a fully finished condition. You must also be able to describe an exit to repay the loan and offer a first charge over the property as security.

To qualify for a business cash advance from Momenta Finance, you must accept card payments and take an average of £10,000 in card sales per month.

Applying with Momenta Finance is easy. Complete their online quote form and a representative will call back to discuss your needs. They don't run any credit searches until they've spoken to you.