- The British Business Bank will guarantee a portion of the funding, which will be provided by NatWest Bank
- The transaction will unlock lending to UK smaller businesses across invoice finance and asset-based lending
London, 18 September 2025 – The British Business Bank has agreed an ENABLE Guarantee with finance provider 4Syte, supporting a facility of up to £100m. The transaction will unlock additional capacity, increasing 4Syte’s invoice finance and asset-based lending to smaller UK businesses.
The British Business Bank is guaranteeing a portion of the funding, which is provided by NatWest Bank, and will help to support a doubling of the existing funding facility.
The British Business Bank’s ENABLE Guarantees programme is designed to encourage banks and other lenders to increase their lending to smaller businesses, by reducing the amount of capital or junior funding required for such lending. Under an ENABLE Guarantee, the UK Government takes on a portion of the risk in a transaction supporting debt finance to smaller businesses, in return for a fee.
4Syte offers a range of services to smaller businesses, which address how best to solve their cashflow needs or longer-term structural funding – whether it be working capital, cashflow, business expansion or debt consolidation.
Michael Strevens, Managing Director, Structured Financial Institution Solutions, British Business Bank said:
“Invoice finance and asset-based lending are important finance types for smaller UK businesses, providing them with a flexible and affordable way to finance their operations. One of the British Business Bank’s key aims is to increase the choice of funding options for those businesses, and this transaction does exactly that.
“Working with a new delivery partner in 4Syte and alongside an established funder like NatWest, demonstrates our commitment to increasing the diversity of providers in the wider lender market, supporting them at whatever stage of their journey they are on.”
Nick Sellars, Group Managing Director of 4Syte said:
“This facility demonstrates the commitment of the British Business Bank, NatWest and 4Syte to the SME sector and its vital role in driving growth across the UK. We are delighted to have the opportunity to work alongside such esteemed institutions, and we look forward to continuing our service-lead offering to support and inspire UK businesses.”
Martin Noakes, Head of UK Structured Finance, L&SE & Head of Corporate ABL, NatWest said:
“We are delighted to continue supporting 4Syte’s growth aspirations through the extended provision of our back to back ABL facility, and with the support of The British Business Bank and the ENABLE Guarantees programme, we are excited to help unlock an important new source of liquidity for UK SMEs.”
Notes to editors
About 4Syte Funding
4Syte Funding Limited is an independently owned and managed invoice finance provider based in Chelmsford, Essex, with additional offices in London, Leeds and Banbury.
Founded in 2016, the firm has a highly experienced service-driven team providing specialist factoring services to SMEs across all sectors. 4Syte Funding’s core service is available to all businesses from the simple and straightforward to those undergoing complex restructuring.
The wider 4Syte Group also offers construction finance, asset-based lending, trade finance and secured lending, providing SMEs with the finance they need for working capital, cashflow, business expansion and debt consolidation.
About the British Business Bank
The British Business Bank is the UK government’s economic development bank. Established in November 2014, its mission is to drive sustainable growth and prosperity across the UK and to enable the transition to a net zero economy, by improving access to finance for smaller businesses. Its remit is to design, deliver and efficiently manage UK-wide smaller business access to finance programmes for the UK government.
The British Business Bank’s core programmes support £23bn* of finance to almost 64,000** smaller businesses.
As well as increasing the supply and diversity of finance for UK smaller businesses through its programmes, the Bank works to raise awareness of finance options available to smaller businesses. The British Business Bank’s Business Guidance Library provides independent and impartial information to businesses about finance options, featuring short films, expert guides, checklists and articles from finance providers to help make their application a success.
The British Business Bank is also responsible for administering the government’s three Coronavirus loan schemes and its Future Fund, together responsible for delivering £80.4bn in finance to 1.67m businesses. These schemes are now closed to new applications.
British Business Bank plc is a public limited company registered in England and Wales, registration number 08616013, registered office at Steel City House, West Street, Sheffield, S1 2GQ. It is a development bank wholly owned by HM Government. British Business Bank plc and its subsidiaries are not banking institutions and do not operate as such. With the exception of BBB Investment Services Limited they are not authorised or regulated by the Prudential Regulation Authority or the Financial Conduct Authority. BBB Investment Services Limited is authorised and regulated by the Financial Conduct Authority. A complete legal structure chart for the group can be found at www.british-business-bank.co.uk.
The transaction described above does not constitute or imply any endorsement, warranty or recommendation by the UK government, the British Business Bank plc, its subsidiaries or any other party of 4Syte, NatWest or their products or services.
* Figures as at end March 2025
** Figures as at end March 2025, does not include Start Up Loans
About NatWest
NatWest serves customers in England and Wales, supporting them with their personal, private, and business banking needs. NatWest helps customers at all stages in their lives, from opening student accounts, to buying their first home, setting up a business, and saving for retirement.
Alongside a wide range of banking services, NatWest offers businesses specialist sector knowledge in areas such as sustainable energy, commercial property and technology, as well as access to specialist entrepreneurial support.
