4Syte approved for accreditation under the Coronavirus Business Interruption Loan Scheme (CBILS)

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 through British Business Bank accredited lenders, is designed to support the continued provision of finance to UK smaller businesses (SMEs) during the Covid-19 outbreak. The scheme enables lenders to provide facilities of up to £5m to smaller businesses across the UK who are experiencing lost or deferred revenues, leading to disruptions to their cashflow.

4Syte offers CBILS facilities to run alongside an Invoice Finance facility, and the scheme can be utilised to provide additional lending of up to £500k.

Learn more about how 4Syte can help with CBILS Invoice Finance here or call us on 01245 377032 if you have any questions.

About CBILS

The Coronavirus Business Interruption Loan Scheme (CBILS) is managed by the British Business Bank on behalf of, and with the financial backing of the Secretary of State for Business, Energy and industrial Strategy (BEIS).

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Get In Touch

At 4Syte we strive to be different from the typical finance providers. We look beyond “here and now” and focus on what we do best, by providing Financial Peace of Mind.

If you would like to speak to us about any of our services, then please do not hesitate to contact us. Our team of experts will be more than happy to talk to you and answer any questions you might have.

You can message us via our online contact page or request a call back here.

The Coronavirus Business Interruption Loan Scheme (CBILS) is managed by the British Business Bank on behalf of, and with the financial backing of the Secretary of State for Business, Energy and industrial Strategy (BEIS). British Business Bank plc is wholly owned by HM Government and is not authorised or regulated by the Prudential Regulation Authority (PRA) or the Financial Conduct Authority (FCA). Full details on CBILS and the list of participating CBILS lenders can be found on the British Business Bank website at: www.british-business-bank.co.uk/CBILS 

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