The launch of our Annual Report each year provides me with an opportunity to pause, remember, and reflect. Each time I do, I come away feeling full of pride about what Momentus Capital has been able to accomplish, and I am grateful to our partners for their role in our success.
As Momentus Capital works to carry out its mission, it is important to take a step back and recognize the people we serve and the challenges they face. Everyone deserves to be treated with dignity and respect, and for far too long, many low-to-moderate income communities have lacked access to good job opportunities, quality housing, accessible health care, child care and education options for our children, and much more.
At Momentus Capital, it is part of our DNA to increase the flow of capital to the small businesses and communities we serve, leveraging every dollar to help people and their businesses thrive. By strengthening delivery of training and advisory services, scaling lending, and building out asset management and investment banking services to institutional investors, Momentus Capital is creating the necessary channels to allow capital to flow.
Small Business Lending
Commercial Real Estate
Community Development Real Estate
Community Development Working Capital
Impact Investments
Business Advising & Training
As we review our community impact in 2024, Momentus Capital is proud to share that we’ve successfully deployed nearly $500 million to support our communities. Specifically, these investments:
5,533
Jobs Created & Preserved
558
Small Businesses & Developers Assisted
65,000
Patients with Expanded Access to Health Care
17,000
People with Expanded Access to Food
763
Students Served by Expanded Schools
1,396
Affordable Housing Units Financed
$19 billion+
Small business financing through the Ventures platform while setting Ventures on the road to long-term success with Lenders Cooperative.
$163 million+
Liquidity for mission-driven organizations through Momentus Securities.
Each of these points tell stories of the entrepreneurs, developers, and other leaders that are pursuing their dreams and ultimately providing greater resources for their communities. To ensure the continued flow of capital to the communities we serve, we must assess and address changes in the financial services landscape through educating and engaging stakeholders, strengthening existing products, and developing new products
And that’s why we continue to strengthen our investment across our portfolio, including our investment bank, Momentus Securities. Launched in 2023 by a team of investment professionals, Momentus Securities is building momentum and driving institutional capital to small businesses, nonprofits, and community-focused lenders.
By facilitating the ability of mission-driven lenders (CDFIs, CDCs, etc) to access the capital markets, we are making a full range of services available to our clients. This includes helping to package and sell their loans to investors, supporting greater balance sheet liquidity, and ultimately creating a greater impact by helping those lenders support more borrowers. As our environment continues to change, Momentus Capital will remain committed to innovation and diversification.
Finally, I am excited to share that, in addition to receiving strong ratings for our financial health from S&P Global, Fitch, Aeris, and others, we have achieved a significant financing milestone through our Capital Impact Investment Notes Program, raising over $500 million in capital over the last decade.
None of these achievements would be possible without our incredible staff. We were honored to be named among the Best Nonprofits to Work For by The Nonprofit Times for the second consecutive year. We always put our people first and are thrilled that they “feel the love” here at Momentus.
I want to end by saying thank you to all of you, no matter what role you have played in our Momentus Capital story. As we support communities across the country, you support us. Thank you for your continued partnership now and into the future.
Ellis Carr
