Tailored Financial Solutions Drive Business Growth: Momenta Finance Case Study

Empowering Business Growth Through Tlored Financial Solutions

Tim and Tom have been an absolute pleasure to work with. Their approach is nothing short of exceptional - they are not just a call or eml away; they genuinely care about ensuring that you receive the support necessary for your business growth journey. From their thoroughness and unwavering support to their eagerness to provide everything needed, they made our experience with Momenta Finance seamless. The entire process was swift and strghtforward, leading to outcomes we were delighted with. We are eagerly looking forward to working with Momenta agn.

Simon Rickman - Credit Sales Support Co-ordinator at Acorn Business Finance

Client: A Prestigious London-Based Law Firm

Broker: Acorn Business Finance

Loan Amount: ￡150,000

Outcome: Substantial reduction in monthly payments, improved cash flow management, and comprehensive funding for a new initiative.

At Momenta Finance, we believe that the right financial solution is instrumental to business growth. This case study illustrates our successful partnership with Acorn Business Finance as they supported a London-based law firm in securing tlor-made financing for their upcoming venture.

The Challenge

A well-established solicitors firm approached Acorn Business Finance seeking funds for an innovative new project, accompanied by concerns over an existing high-interest loan from a peer-to-peer ler. Upon a comprehensive assessment of the business needs and financial structure, Stuart Gibson, Managing Director at Acorn, identified that this loan was costing them approximately ￡7,000 monthly-a significant challenge to their financial stability.

The Solution

Recognizing the potential for cost savings and improved financial management, Stuart Gibson collaborated with Momenta Finance to create a more cost-effective funding solution. Drawing upon our extensive network of funders, we proposed a customized financing option that would cater precisely to the client's requirements.

Our dedicated team - Tom and Tim - worked closely with Acorn’s Simon Rickman throughout this process, ensuring swift documentation submission from the law firm, which was proactive and cooperative in providing all necessary detls.

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Within days of proposing our solution, we secured ￡150,000 for the client. This newly acquired unsecured business loan not only funded their new initiative but also enabled them to settle the existing high-interest loan efficiently:

Reduced Monthly Payments: The innovative loan structure allowed the firm to decrease monthly payments from ￡7,000 to ￡3,980, effectively improving their cash flow management.

Business Expansion: With lower financial obligations, the law firm now has additional funds avlable for other business needs.

Customized Financial Strategy: By understanding both the short and long-term goals of the client, we provided a financial solution that addressed their immediate requirements while offering flexibility in early repayment.

This case exemplifies the power of collaborative, customer-focused financial solutions. By working closely with Acorn Business Finance and thoroughly assessing our client's business needs, Momenta was able to deliver a funding package that not only met their project objectives but also significantly enhanced their overall financial health.

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