Terms of Business

Introduction

This document outlines how Momentum Business Finance operates and sets out our terms of engagement before we proceed with your funding application.
 

1. About Us

Momentum Business Finance is a trading style of Winward Finance Ltd and operates as a commercial finance brokerage, introducing businesses to a panel of lenders and funding partners across the UK.

We specialise in:

• Business loans

• Merchant cash advance

• Asset finance

• Bridging & commercial property finance

2. Our Role

We act as an independent broker, not a lender.

Our role is to:

• Understand your funding requirements

• Source and present suitable funding options

• Introduce you to appropriate lenders

We do not provide legal, tax, or financial advice.

3. Our Lender Panel

We work with a panel of lenders and funding providers.

• We do not cover the whole market

• Different lenders have different criteria and pricing

• We aim to match you with the most suitable option based on your circumstances

4. Fees & Commission

We may receive payment in the following ways:

From the lender:

• Commission paid by the lender upon successful completion

From the client (you):

• A broker fee will be charged, depending on the nature, complexity, and risk profile of the transaction

Our fee structure reflects the work involved in sourcing, structuring, negotiating, and securing appropriate funding solutions.

• Typical fees range between 1% – 5% of the facility amount

• Lower fees generally apply to property and bridging finance

• Higher fees may apply to unsecured or specialist funding

All fees will be clearly agreed and confirmed in writing before proceeding.

Broker fees become due and payable upon successful completion of funding and are payable immediately upon release of funds.

In certain cases, primarily property or secured transactions, fees may be collected directly from the lender or deducted from the loan proceeds where permitted.

No fees are charged without your prior consent.

5. No Guarantee of Funding

Submitting an application does not guarantee approval.

All funding is subject to:

• Lender underwriting

• Credit checks

• Affordability and risk assessment

6. Your Responsibilities

You agree to:

• Provide accurate and complete information

• Inform us of any material changes

• Respond promptly to requests for documentation

​

7. Confidentiality & Data Use

Your information will be:

• Shared only with relevant lenders and partners

• Used solely for the purpose of securing funding

We may also retain your information to contact you regarding future funding opportunities or relevant services, where permitted.

We handle your data in line with applicable data protection laws.

8. Non-Circumvention

By engaging Momentum Business Finance, you agree that:

• Any lender, funder, or finance provider introduced to you by us is considered our introduction

• You will not, directly or indirectly, approach, engage, or complete a transaction with any introduced party without our involvement

This applies during our engagement and for a period of 12 months from the date of introduction.

If you proceed with a transaction with an introduced lender without our involvement:

A broker fee equivalent to the agreed fee (or, where not yet agreed, a fee of up to 5% of the facility amount) will become immediately due and payable.

We operate a zero-tolerance policy on circumvention and reserve the right to take appropriate action to recover any unpaid fees resulting from a breach of this clause.

9. Complaints

If you are unhappy with our service, please contact us:

Email: info@momentumbf.co.uk
Phone: 07939 937 079

We will aim to resolve any issues promptly and professionally.

10. Important Notice

Momentum Business Finance operates in the unregulated commercial finance market.

• We do not provide regulated mortgage advice

• No protections under the Financial Conduct Authority or Financial Ombudsman Service apply to these services