Momenta Finance

1-3 Canfield Place (suite C), NW6 3BT, London, GB
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4.50
Based on 96 Reviews

5

87.50%

4

5.21%

3

0.00%

2

2.08%

1

5.21%
About Momenta Finance

Momenta Finance, formerly known as Merchant Money, is a leading business finance provider operating throughout the UK. We specialise in supporting small and medium-sized enterprises (SMEs) with tailored business loan facilities. Our offerings include Unsecured Business Loans, Secured Business Loans, Business Cash Advances, Bridging Loans, and Asset Finance. By combining advanced risk assessment technology with practical common sense, we have revolutionised the approach to business lending. This allows us to efficiently assess and approve loans, providing businesses with the financial support they need promptly. We're proud to be accredited by the government-owned British Business Bank. For more information about our services, please visit our website or email us. We look forward to helping your business succeed

Contact Info

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Jay
United Kingdom | 25 February 2025

very easy to deal with, very efficient process, quick and pragmatic!

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Daniel Lawrence
United Kingdom | 28 January 2025

simple clean and easy process, thanks!

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Scott Kennedy
United Kingdom | 10 November 2024

Great service and a wealth of Knowledge....

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D Read
United Kingdom | 15 September 2024

Great service especially from Tom who was so helpful . Everything was well explained and acted upon efficiently

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Mr N
United Kingdom | 28 August 2024

The speed of the loan going through when needed was excellent with good contact and minimal paperwork.

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Gary Smith
Maldives | 09 August 2024

Couldn’t be happier with service and customer liaison five star service

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Kiran Babu
United Kingdom | 07 August 2024

Avoid this firm .. Unfair Practices and Exorbitant Charges Our experience with Momenta Finance / Merchant Money has been nothing short of a nightmare. In April last year took a loan of with terms that allowed for early closure, accruing interest only up to the closure date. Despite this, our attempts to repay early were consistently denied, and we were met with demands for exorbitant amounts far exceeding our expectations. By the time I had paid nine installments, they were effectively asking me to repay a sum almost twice the loan amount within one year, resulting in an absurd interest rate of approximately 71%. During this period, my business bank account faced repeated blockages due to international transactions, which I promptly informed Merchant Money about. Nonetheless, their legal team communicated a demand almost twice the loan amount, including uncapitalised future interest and unfair legal expenses. When I attempted to close the loan early in February, the quoted settlement was significantly higher than the expected balance according to their repayment chart. My queries about this discrepancy were ignored. Furthermore, despite multiple attempts to reset the direct debit to a different bank account, these requests were consistently declined. To my shock, I discovered a County Court Judgment (CCJ) against me via Experian, with no prior correspondence or warnings. Adding to the distress, it turned out that the individual who had issued the payment demand was not associated with the stated firm, raising serious concerns about the legitimacy of their actions. This entire deal has caused immense professional and personal distress. Merchant Money's refusal to cooperate, their misleading communication, and the issuance of a CCJ without prior notice have been profoundly unfair

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Simon Jones
Spain | 30 July 2024

First class service

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Gary Smith
United Kingdom | 22 June 2024

Every step of the way was great help great professionalism 5 star all the way

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Next Step
United Kingdom | 15 June 2024

From start to finish the process was seamless , a very helpful company to do business with.

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GW
United Kingdom | 03 June 2024

Very quick and straightforward, funded in full using an all-online onboarding process.

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Mr Buchert
United Kingdom | 30 May 2024

Thank you guys you are the best♥️♥️♥️

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Daniel
United Kingdom | 22 May 2024

Momenta were very easy to deal with and the process was very speedy

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Brian M
United Kingdom | 05 April 2024

Offer no support if you face financial difficulties. Instead would rather call upon PG's

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oluwatoni odusanya
United Kingdom | 13 March 2024

simply pleasing. they stand with you.

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ELIE EL-CHOUEIRY
United Kingdom | 06 March 2024

They are very professional I gad dealt with them for few years and always great service

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Andrew Norton
United Kingdom | 28 February 2024

Fantastic experience from start to finish. Open dialogue with clear actions and requirements made the whole process simple and fast. I hope to work with momenta again for future funding requirements.

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Mark Hamilton-Davies
United Kingdom | 14 February 2024

Great service speedy decision and quick drawdown of funds

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RB
United Kingdom | 15 December 2023

Quick decision making and service

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Michael
United Kingdom | 03 November 2023

We had an excellent experience with Momenta from start to finish. Our requirement was not straight forward by any means however the team (Emma, Tom, Luke, Owen & Rachael) were incredibly accomodating and got us the funds quickly! With this funding we've been able to buy our business premises and this will help take our business to the next level. This is something we couldn't have done without Momenta as we had already been declined by our bank. Thank you all and we look forward to doing further business with you in future!

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