Momenta Finance
Lender
| Min. Advance | £10,000 |
| Max. Advance | £150,000 |
| Decision Time | 24 Hours |
Address
Merchant Money Limited (trading as Momenta Finance)
1-3 Canfield Place,
South Hampstead,
London,
NW6 3BT,
United Kingdom
Email
contact@momentafinance.co.uk
Phone
0800 848 8480
About
Momenta Finance, previously Merchant Money launched in 2013 and in that time have helped many businesses in the UK by offering the funding they need to grow with a merchant cash advance from £10,000 to £150,000.
Momenta Finance refers to the merchant cash advance product as PAYT (pay as you trade) and works exactly the same as other cash advance lenders. An agreed daily percentage will automatically be deducted from your customer card transactions as and when your business makes sales. Momenta Finance can often deposit funds in a client account within 24 hours after making an application.
Similar to other merchant cash providers, they don’t require business plans to meet the criteria required. They offer a personal approach to lending instead and get to know their business clients very well, something which is often overlooked by traditional banks.
Momenta Finance prides itself on a strong financial background being big enough to be successful whilst being small enough to care about every application for funding they receive.
They have accreditations with the NACFB (The National Association of Commercial Finance Brokers) and have a membership with the FSB (Federation of Small Business).
Eligibility Criteria
- Trading for over 6 months
- Monthly card transactions of £10,000+
- No other cash advance in place
