Momentum Loan
Small Business Loans up to £250,000
£
50,000
5years
£
Momentum Loans are BEF's flexible small business loan product for businesses looking to grow, invest, manage working capital or refinance existing borrowing.
Check your eligibility
What is a Momentum Loan?
Momentum Loans are small business loans of up to £250,000 for established businesses looking to grow, invest, manage working capital or refinance existing borrowing.
As a form of business finance, Momentum Loans provide flexible funding supported by experienced Loan Managers who take the time to understand your business, your plans and your ambitions.
What can you use a Small Business Loan for?
Working capital
Manage day to day cash flow, cover operational costs and create breathing space while waiting for customers to pay.
Business growth
Fund recruitment, expansion projects, new contracts and investment that helps your business move forward.
Equipment and assets
Purchase vehicles, machinery, tools, technology and other assets that increase productivity and capacity.
Refinance existing borrowing
Replace expensive short term borrowing with a funding solution designed to better support your long term plans.
Momentum Small Business Loans at a glance
Key facts about Momentum Small Business Loans.
Business loans
Up to £250,000
For growth, working capital and refinancing.
- Borrow up to £250,000
- For businesses trading 6 months or more
- Funding for working capital, growth projects and refinancing
- Repayment terms of up to 5 years
- Dedicated Loan Manager
- Human lending decisions
- Funds available in 1 to 2 weeks
- Low early repayment fees
- Arrangement fee of 4.5%
How a Momentum Loan helped this business grow
Hear from a business owner about their experience of working with BEF and how a Momentum Loan helped them invest, grow and move their business forward.
Reviews from business owners
Read what business owners say about their experience with BEF and the support they received throughout the funding process.
5 out of 5 stars
"Excellent service and great support."
Andrew Fletcher
5 out of 5 stars
"Excellent service. Helpful and knowledgeable team."
Karzan Hughes
5 out of 5 stars
"Excellent service and very active in helping with the application or communicating regarding the issues in application"
Jubrewar Manoj
5 out of 5 stars
"Amazing services and very friendly and professional advisors for achieving great results"
Наталия Талапина
5 out of 5 stars
"Very good customer service and helped me all the way through with no worries. Emma was very good at every stage in leading me to get my loan, many thanks to her and her team!"
Kamal Khan
5 out of 5 stars
"Just completed a loan with BEF the whole experience was very professional and effective. I would not hesitate in recommending BEF to anyone. Emma was a pleasure to work with she helps and considers in depth the whole company situation with knowledge and decisions are made using real world experience."
Michael Dawes
5 out of 5 stars
"Can't think you all enough with your help without a doubt fantastic and helpful from day one"
Brian Munro
Before you apply for a Small Business Loan
Review the key eligibility, security and cost information before applying.
How much does a Momentum Loan cost?
Do I need to provide security?
Eligibility criteria
Why choose BEF for Small Business Loans?
Lending decisions made by people
As a direct lender, we make lending decisions in-house and take the time to understand your business, your plans and the funding you're looking to achieve.
Support from application to funding
You'll work directly with an experienced Loan Manager who will guide you through the application process, answer your questions and help you understand what's needed.
Turn growth plans into action
Whether you're growing, investing, managing working capital or refinancing, we'll help shape a funding solution around your needs.
A not-for-profit lender
As a Community Development Finance Institution (CDFI), we're focused on creating positive impact for businesses and communities.
How to apply for a Small Business Loan
1.
Apply
Tell us about your business and your funding requirements.
2.
Speak with your Loan Manager
We'll discuss your plans and guide you through the process.
3.
Build your funding solution
We'll assess your application and explore the most appropriate funding structure.
4.
Receive your funding
Once approved, we'll explain the next steps and arrange the release of funds.
Being declined by a bank doesn't automatically mean you can't access business finance. We assess every application individually, taking the time to understand your business, funding requirements and future plans.
Check your eligibilityClient stories
North Yorkshire
NPIF II
Five-Figures
The Puzzling World of Professor Kettlestring in York secures NPIF II funding to launch unique tourist attraction
York-based attractions business The Puzzling World of Professor Kettlestring has secured five-figure funding, invested by NPIF II – BEF Smaller Loans.
Small Business Loan FAQs
Looking for answers about small business loans, business finance or Momentum Loans? Explore our frequently asked questions covering eligibility, borrowing amounts, refinancing, costs and the application process.
What Is A Small Business Loan?
What can a Small Business Loan be used for?
How much can I borrow?
Can I get a business loan if I've been declined by a bank?
Can I get a business loan if I have bad credit?
How quickly can I receive funding?
Do I need to provide security?
What documents will I need?
Can I refinance existing business borrowing?