Momenta Finance has unveiled an innovative asset finance product tailored to empower UK businesses by enabling them to acquire necessary equipment without depleting their capital. This financial offering provides funds ranging from £20,000 to £250,000 with repayment terms extending from 24 to 60 months. The product is versatile, catering to various business needs such as IT and telecommunications equipment, security systems, furniture, scaffolding, and leisure equipment. Companies registered in England or Wales, with a minimum annual turnover of £200,000, are eligible to apply. Additionally, the new solution supports SMEs through flexible funding options via finance lease and hire purchase agreements.

This launch aligns with Momenta Finance’s mission to drive business growth through innovative solutions. CEO Jon Stern emphasized the importance of aiding businesses on their path to expansion and technological progress.

Funding Flexibility for Essential Equipment

Momenta Finance's latest asset finance product allows businesses to focus on their core activities while securing essential tools without locking up their capital. By providing a range of funding between £20,000 and £250,000, companies can choose the amount that best fits their requirements. The repayment flexibility, spanning from two to five years, ensures manageable financial commitments. Businesses operating across England and Wales, with a substantial annual turnover, have the opportunity to access this resource.

The variety of equipment covered under this program highlights its adaptability to different industries. Whether it’s cutting-edge IT infrastructure, reliable security systems, ergonomic office furniture, sturdy scaffolding, or recreational facilities, businesses can secure what they need to thrive. This initiative caters not only to immediate operational demands but also fosters long-term strategic investments. The eligibility criteria ensure that only financially stable enterprises benefit, thereby maintaining the integrity of the financial ecosystem.

Promoting SME Expansion and Technological Advancement

The introduction of this asset finance product underscores Momenta Finance's dedication to fostering small and medium-sized enterprise (SME) development. Through flexible financing options like lease and hire purchase agreements, businesses gain the autonomy to structure their funding according to specific needs. This approach enables SMEs to expand their operations effectively and embrace technological innovations crucial for staying competitive in today’s market.

Journeying towards growth and modernization becomes more attainable with such tailored financial instruments. CEO Jon Stern's statement reflects the company’s vision of supporting businesses in achieving their expansion goals and advancing technologically. By offering these solutions, Momenta Finance positions itself as a pivotal partner for SMEs aiming to enhance productivity, streamline processes, and invest in future-ready assets. The alignment of financial strategies with business objectives creates a robust foundation for sustainable success. As a result, businesses can confidently pursue opportunities knowing they have access to reliable funding options designed to meet their unique challenges.