Info on Funding for SMEs

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...Read More

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...Read More

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...Read More

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...Read More

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...Read More

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...Read More

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...Read More

Dispelling Factoring myths with 4Syte’s responsive invoice finance approach… There are still several myths and misconceptions surrounding the factoring sector. At 4Syte, we believe that factoring in the right circumstances is the best finance and credit control option available to many businesses today. So, let’s dispel a few of these myths and promote factoring as...Read More

By Nick Sellars, Group Managing Director   SME Financing: The Four 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...Read More