4Syte on COVID-19: A New Normal
By Nick Sellars, Group Managing Director It is August, we are another month down the line and starting to see some real recovery through the eyes of our clients. Turnover generated by our construction clients increased three-fold during July and we were able to take on good new business in that sector. From a very […]
4Syte on COVID-19: Construction Finance & Covid
By Nick Sellars, Group Managing Director It is a brave person that mentions Construction, Construction Finance and Covid in the same sentence. I mentioned it once, but I think I got away with it! Despite being one of those sectors which was technically allowed to continue during lockdown, the reality was, by and large, they […]
4Syte on COVID-19: Foresight
By Nick Sellars, Group Managing Director In the second article we took a look at our business; how we reacted to the Covid crisis, what our slant was on managing the crisis and what we had started to do to help our clients fund their business through this. This time we will discuss how our […]
What Is Construction Finance?
Construction Finance is a method of funding designed specifically for contractors and subcontractors. It is a simple way of gaining a cash advance for a construction project against staged invoices or funding applications. Basically, it allows you to borrow against what you are owed. This means that you can fund a construction project with certainty […]
Finding the Right Funding Partner for Your Owner-Managed Business
By Nick Sellars, Group Managing Director Forget the media propaganda suggesting small and medium sized businesses (SMEs) cannot access the funding for owner managed businesses they need to finance their working capital. It may have been true a few years ago, but today it’s a fallacy. Whilst funding is abundant, you still need to know […]
We Don’t Run for the Hills When We Hear ‘Construction Finance’
By Nick Sellars, Group Managing Director We don’t run for the hills when we hear ‘Construction Finance’ In fact, we like the business so much we named a company after it: 4Syte Construction Finance. Finding a construction finance provider that feels comfortable providing working capital finance for business can be tough going for a sub-contractor […]
The ‘Go-To’ Place for UK SME Financing
By Nick Sellars, Group Managing Director SME Financing: The Pillars of 4Syte – Invoice Finance, Trade Finance, Construction Finance and Secured Lending Where do you start when you want to set up a dynamic financing business, when all you have is a blank canvas? Well, that’s how Magnus Gundersen and I started in early […]