Jonathan Stern Momenta Finance SME Lending Tim Boag UK 13-02-2026Momenta Finance secures £125m facility to scale SME lendingMomenta Finance has significantly expanded its lending capacity after securing a £125m forward flow facility from a leading global investment bank, marking a major step in its growth strategy and competitive positioning within the UK SME market.The new institutional backing strengthens Momenta’s funding base and enables the launch of a streamlined, tiered loan structure designed to scale origination across its core SME offering. The structure complements the company’s existing products and is intended to help fill the funding gap left as high-street banks continue to tighten credit criteria and adopt more rigid risk frameworks.With the facility in place, Momenta can now offer loans priced from 7 per cent per annum, alongside extended repayment terms. The enhanced pricing and tenors position the lender to compete more directly with traditional banks, while retaining the flexibility and speed associated with non-bank models. The move reflects broader maturation within the alternative finance sector, where capital markets funding is increasingly used to deliver sharper pricing and scalable support to SMEs navigating inflationary pressures and uneven economic growth.The milestone comes under the leadership of Chief Executive Officer Tim Boag, who took on the role in 2025 after more than three decades in financial services, including senior roles at Royal Bank of Scotland, NatWest and Aldermore Bank. He is joined by Chief Commercial Officer Chris Forrest, formerly Head of SME at Barclays UK, whose experience is central to strengthening intermediary relationships and expanding distribution.Chief Financial Officer Jonathan Stern described the facility as an important step toward building a diversified, multi-product SME lender supported by a strong institutional funding roster.Operationally, the new structure reinforces Momenta’s broker-focused approach through a single-application workflow, removing the need for intermediaries to pre-assess eligibility. Applications are assessed centrally, with the most competitive tier offered based on trading history and asset profile.Beyond a funding announcement, the transaction signals a strategic effort to combine institutional capital, broker-led distribution and simplified underwriting — narrowing the gap between challenger lenders and incumbents while maintaining credit discipline. #sme finance
Momenta Finance has significantly expanded its lending capacity after securing a £125m forward flow facility from a leading global investment bank, marking a major step in its growth strategy and competitive positioning within the UK SME market.The new institutional backing strengthens Momenta’s funding base and enables the launch of a streamlined, tiered loan structure designed to scale origination across its core SME offering. The structure complements the company’s existing products and is intended to help fill the funding gap left as high-street banks continue to tighten credit criteria and adopt more rigid risk frameworks.With the facility in place, Momenta can now offer loans priced from 7 per cent per annum, alongside extended repayment terms. The enhanced pricing and tenors position the lender to compete more directly with traditional banks, while retaining the flexibility and speed associated with non-bank models. The move reflects broader maturation within the alternative finance sector, where capital markets funding is increasingly used to deliver sharper pricing and scalable support to SMEs navigating inflationary pressures and uneven economic growth.The milestone comes under the leadership of Chief Executive Officer Tim Boag, who took on the role in 2025 after more than three decades in financial services, including senior roles at Royal Bank of Scotland, NatWest and Aldermore Bank. He is joined by Chief Commercial Officer Chris Forrest, formerly Head of SME at Barclays UK, whose experience is central to strengthening intermediary relationships and expanding distribution.Chief Financial Officer Jonathan Stern described the facility as an important step toward building a diversified, multi-product SME lender supported by a strong institutional funding roster.Operationally, the new structure reinforces Momenta’s broker-focused approach through a single-application workflow, removing the need for intermediaries to pre-assess eligibility. Applications are assessed centrally, with the most competitive tier offered based on trading history and asset profile.Beyond a funding announcement, the transaction signals a strategic effort to combine institutional capital, broker-led distribution and simplified underwriting — narrowing the gap between challenger lenders and incumbents while maintaining credit discipline.