Momentum Credit was founded in March 2017 with purposeful intent to meet an overwhelming market need of providing structured working capital solutions to Individuals and Small Medium Enterprises (SMEs).
SMEs are touted, by reputable institutions such as the World Bank, as the economic growth engines that shall drive Africa out of chronic poverty to the utopia of middle-income status. However such companies regularly face a crippling lack of access to financing, due to the broad-based perception of being too risky.
Contrary to this belief, We at Momentum Credit believe in the aspirations of our continent and exist as a credible alternative for this market. We now focus on providing structured solutions that make credit easily and readily accessible to those that can afford such financing, whom in most cases, would be undeservedly labeled as unbankable. Which is why at Momentum we believe in “Expanding Your Possibilities”.
Our products include:
• Bid Bond
• Performance Bids
• Advance Payment Guarantee
• Log Book Loans
• Invoice Factoring
• Invoice Financing
For more information, you can visit our website.
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