Momenta Finance lands £100M warehouse facility from Lloyds
What's the deal? UK alternative lender Momenta FinanceDealroom has a profile for this one. Try Dealroom → has secured a £100 million senior warehouse facility from LloydsDealroom has a profile for this one. Try Dealroom →, with an accordion option to draw a further £100 million. The debt facility gives Momenta up to £200 million of capacity to fund unsecured business loans for UK small and medium-sized enterprises (SMEs).
What's the endgame? Founded in 2013, Momenta lends to SMEs seeking working capital, investment, and growth finance, distributing largely through its broker network. The Lloyds funding backs plans to scale its unsecured lending and underwriting platform.
Why now? The deal extends a rapid build-out of Momenta's funding base. It has raised more than £500 million through banking and institutional partners since 2023, including a £125 million forward-flow facility from a global investment bank in February 2026.
Lloyds diversifies that mix further, while the £100 million accordion adds headroom as demand for unsecured SME finance grows. "Bringing Lloyds on board as a lender adds real depth and diversification to our funding platform, and the accordion gives us a clear path to scale," said capital markets director Jake Trehaeven.
Chief executive officer Tim Boag said the facility lets Momenta "back many more ambitious UK businesses through our broker partners and look ahead with confidence and certainty."
The signal: The transaction reflects growing bank support for specialist non-bank lenders. Miray Muminoglu, head of securitised products group at Lloyds, called financing established non-bank lenders "an important part of our securitisation and specialist finance business" — a sign of how wholesale bank funding is widening the pipe of credit available to UK SMEs.
Read more: finance-connect.com
Image credit: MFPhotography101
