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News & Insights

Our news and insights are here to give you the latest updates on our company, along with insights and some helpful information.

Invoice Finance Blog

New Deal

sme invoice finance

A £5M T/o Software Distributor was looking for a small Invoice Finance line to support its growth and to obtain discounts by paying its suppliers quicker. The Introducer came to 4Syte as they needed a commercially minded lender to put together a facility that could give the Client what they needed.

4Syte turned the deal around quickly and structured a facility that was both cost-effective and gave a significant cashflow injection, enabling the Client to get the full benefit of the trade discount and to facilitate further growth of the business.

New Deal

Construction Finance

4Syte Construction assisted a Fit-out company who was experiencing cashflow issues and needed a lender who understood their processes when applying for payment as part of an ongoing contract.

Whilst the business was contractual, the Client had robust systems and processes that 4Syte could adapt to fit our Construction Finance product and we were able to provide a £200,000 facility.

This not only gave them the confidence to tender for new work but gave them comfort that they had a lender onboard to support them with their continuing growth.

As testimony to the quality of service provided by 4Syte together with the short line to the decision makers, the Client introduced their sister company and now have the benefit of a group facility with 4Syte.

 

New Deal

4Syte Trade

The deal was introduced to 4Syte by a well-respected introducer who’s client was in need of a commercial-minded Invoice Financier. The requirement was to fund a Temporary Recruitment business which also had an associated debtor on their books. Whilst ‘quirky’, the debtor was an established multimillion pound turnover business with a solid track record.

4Syte was able to look at the proposal with a commercial and proactive perspective, and was able to structure a facility which worked for all parties. The Introducer was confident from the outset that 4Syte had the experience and commerciality to review a deal ‘outside of the box’ and to deliver on the promise to be flexible and creative when required.

New Deal

structured business loans to SMEs

4Syte Structured Finance was approached by one of its trusted Introducers with an urgent secured loan enquiry. The proposed borrower had to re-finance an expensive business-related bridge debt which was only weeks away from expiring – leaving the Client’s property at risk. The Client was extremely worried about losing their house and came to 4Syte via their Broker knowing our rapid response to borrowers needs.

The business is a software development company that’s been trading for 2.5 years and they required £170k to re-finance the current lender. Understanding the Client’s situation, 4Syte credit approved the transaction the same day it was proposed, and the Client accepted the fair and attractive terms immediately.

From start to finish, 4Syte, with the assistance of the solicitors and the Introducer, was successful in completing the transaction in 10 working days and provided the Client a 3-year interest only facility – thus giving them the breathing space they required to allow them to focus on growing their business.

New Deal

sme invoice finance

4Syte was approached by a respected Accountant contact to fund their Client’s impending purchase of an additional company to sit alongside their existing one. The “target” company was an established family business offering complimentary services to that of the buyer’s existing business.

The conundrum was how to effectively structure the funding in order to facilitate the completion of the sale. 4Syte worked tirelessly around the clock alongside the buyer and seller, as well as with the Accountant and Lawyers, in order to come up with a solution whereby all parties were comfortable.

The sale successfully completed on-time and without problems, and the Accountant was delighted that 4Syte was able to structure a facility and deliver on the promise to their Client.

New Deal

Construction Finance

4Syte was introduced to a Steel Fabricator business that had recently undergone a restructure. The case was somewhat time sensitive and having been let down by their existing lenders, the client was in need of an urgent facility to cover their wage bill.

The 4Syte Team managed to get the facility in place within 36 hours from initial telephone introduction to pay-out – ensuring that staff wages were covered within the tight deadline. The client was impressed with our speed and decisiveness with the added advantage of an additional Trade Facility also being offered by the 4Syte Group.

New Deal

structured business loans to SMEs

4Syte Structured Finance was recently introduced to a trading Car Garage business. Last year, the company in question had taken on some expensive business debt that was not working well for them in terms of cashflow outlay being restrictive. The company was looking for a lender who could find the right solution for them to grow.

4Syte was quick to recognise the potential of this business and the associated story made sense to us. We placed a charge on one of the Directors’ residential properties and advanced them a loan spread over 10 years. The loan massively reduced the Client’s monthly outgoings and provided some additional working capital that was required to assist with their growth/expansion plans.