Momenta Finance secures £125m facility to expand SME lending

Momenta Finance, a UK-based alternative lender, has announced a major uplift to its lending capability after securing a £125 million forward flow facility from a leading global investment bank, strengthening its institutional funding base and accelerating growth across its SME lending platform.

The new facility enables Momenta to introduce a streamlined, tiered loan structure designed to scale origination across its core small and medium-sized enterprise (SME) offering. The product enhancement complements the lender’s existing suite and aims to address funding gaps left by traditional high-street banks.

Under the new structure, Momenta will offer business loans with interest rates starting from 7% per annum, alongside extended loan tenors. The expanded product range positions the lender to compete more effectively with established players in the SME finance market.

The funding milestone follows the appointment of a new executive leadership team tasked with driving Momenta’s next phase of growth.

Chief Executive Officer Tim Boag, who took on the role in 2025, brings more than 35 years of experience in financial services, including senior leadership positions at RBS and NatWest, and most recently as Group Managing Director of Business Finance at Aldermore Bank.

He is supported by Chief Commercial Officer Chris Forrest, formerly Head of SME at Barclays UK, whose experience in SME banking is central to Momenta’s strategy to strengthen broker relationships and expand intermediary distribution.

“We are delivering institutional power with the agility of an alternative lender, ensuring that UK businesses can access the right capital, at the right price, exactly when they need it.”

Jonathan Stern, Chief Financial Officer at Momenta Finance, added: “This new facility represents an important step forward in Momenta’s growth journey and directly supports our strategic ambition to become an alternative lender across multiple SME-focused products with an exceptional roster of institutional funding partners.”

The launch further reinforces Momenta’s broker-first approach. The new tiered structure operates through a single-application workflow, removing the need for brokers to pre-assess eligibility. Instead, Momenta evaluates each application and offers the most competitive tier available based on a business’s trading history and asset profile.

The new pricing tiers and extended loan terms are available immediately for all new business loan applications.