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Before you continue

Momentum Loans are designed for businesses looking to borrow larger amounts, typically above £75,000.

If you are looking to borrow up to £100,000 and your business has been trading for less than 5 years, a Start Up Loan is usually the better route.


If that sounds like you, do not continue.


Start with a Start Up Loan instead.


Momentum Loan, at a glance

  • Borrow up to £250,000
  • - For businesses that are already trading
  • - Used for cashflow, growth or refinancing

In most cases, director personal guarantees will be required.


Check what borrowing looks like in practice

Monthly repayments over a 5 year term.


BorrowMonthly
repayment		Arrangement
fee		Total
repayable
£75,000
Typical starting point		£1,864£3,375.00£115,211.40
£100,000£2,486£4,500.00£153,615.20
£150,000£3,728£6,750.00£230,422.80
£200,000£4,971£9,000.00£307,230.40
£250,000
Larger growth funding		£6,214£11,250.00£384,038.00

This level of funding comes with high monthly commitments.


Looking to borrow a smaller amount?

If you are considering borrowing closer to £25,000 to £50,000, a Start Up Loan is the better route.


  • - £500 to £25,000 per founder, up to £100,000 per business
  • - Fixed 7.5% interest rate
  • - No arrangement fee
  • - 12 months of mentoring and support

Continue only if you are looking to borrow larger amounts /strong>

and are comfortable with the monthly repayments shown above.

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