4Syte secures back-to-back ABL facility with NatWest to support its continued growth
London, October 7 2022 – 4Syte Funding Ltd and 4Syte ABL Ltd, part of the 4Syte Group, have secured a Back-to-Back Asset Based Lending (ABL) facility with NatWest. The NatWest team worked closely with us to understand 4Syte’s short- and medium-term financing requirements, as we were looking to secure a banking partner able to support […]
4Syte Group enters into an agreement with Barclays for the transfer of assets from the Bank’s factoring portfolio
London, February 22 2021 – 4Syte Ltd, an independent factoring and asset based lending firm based in Chelmsford, announced today that it has entered into an agreement with Barclays for the transfer of assets from the bank’s factoring portfolio. The deal is a significant step in the growth of the 4Syte factoring business which has […]
4Syte on COVID-19: Lockdown 2.0
By Nick Sellars, Group Managing Director Just when you thought we had exhausted every conversation about Covid and were all adapting to life with one hand tied behind our backs, then along comes a second surge and lockdown number two. As I write, we are a gnats’ toenail from coming out of lockdown and for […]
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: 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 […]
4Syte approved for accreditation under the Coronavirus Business Interruption Loan Scheme (CBILS)
London, June 17 2020 – Today we announce that 4Syte has been approved for accreditation to the government-backed Coronavirus Business Interruption Loan Scheme (CBILS) by the British Business Bank. This will allow 4Syte to support UK SMEs during the Covid-19 outbreak by providing CBILS top-up Invoice Finance facilities. The Coronavirus Business Interruption Loan Scheme, delivered […]
4Syte on COVID-19: 4Syte in Lockdown – Working with Covid
By Nick Sellars, Group Managing Director In March, there were millions of us suffering from the blow of being denied entry from our favourite hostelries, then sitting with baited-breath hearing Boris’s announcement on TV of total lockdown in the UK, to join our neighbours in the rest of Europe. So what does a business like […]
4Syte on COVID-19: Introduction
By Nick Sellars, Group Managing Director There have been an infinite number of words said and spoken on the subject of the Coronavirus pandemic during the last few months. It has totally consumed our lives, not merely the disease itself but the ramifications and effects that have been brought upon us. We are going to […]
4Syte: An Invoice Finance Provider With A Difference
Invoice finance is a fantastic way of supporting your cashflow whilst still allowing your customers the payment terms that they are accustomed to. Finding an invoice finance provider you can trust to deliver a simple, reliable and trustworthy solution can prove to be trickier than it should be. That is why 4Syte is proud to […]
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 […]
