Momenta Finance has introduced a new Asset Finance product, designed to help UK businesses acquire essential equipment without tying up capital. The offering provides funding between £20,000 and £250,000, with repayment terms ranging from 24 to 60 months.

The new product supports a variety of business needs, including financing for IT and telecoms equipment, security systems, furniture, scaffolding, and leisure equipment. Businesses registered in England or Wales with a minimum annual turnover of £200,000 can apply.

Jon Stern, CEO of Momenta Finance, said: “This launch represents our commitment to providing innovative financial solutions that help businesses grow and succeed. By offering flexible funding options for essential equipment and assets, we aim to support UK SMEs on their journey to expansion and technological advancement.”

The asset finance product is available through finance lease and hire purchase agreements, allowing businesses to structure their funding according to their needs.

<!– –>

Sign up for our daily news round-up!

Give your business an edge with our leading industry insights.