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4Syte: Our Story

Learn more about the history of 4Syte and how we've grown since our initial launch into the group of companies that we are today.
Read Our Story
4Syte Our Story

April

2016

The Beginning: 4Syte Ltd

4Syte Ltd was established by Magnus Gundersen and Nick Sellars in April 2016. Paul Barker joined as Commercial Director and Natasha Souness as Head of Operations. Our senior team had a long affinity with Essex from past enterprises, and Chelmsford was a natural place to build 4Syte’s operation and open our first office!

Read more about how 4Syte was started

June

2016

The Beginning: 4Syte Funding Ltd

4Syte Funding Ltd was the first line of business to open. The beginning of our adventure centred around invoice finance and full-service factoring, as well as capital raising to compliment the venture. At the outset, we knew we wanted to provide a great financial service to SMEs; to solve their working capital and customer service needs, and to develop products around this starting with factoring, which we knew very well.

Find out more about our Funding services here

June

2017

Expansion: Construction Finance

About a year later we decided it was time to expand our product range. We acquired a majority stake in Cirrus 4Syte, expanding into funding against applications for payment and staged invoices under contracts and framework agreements focusing on SMEs in the construction sector, as well as other contract businesses.

Find out more about our Construction services here
“

Our intention is to invest only in complimentary business if we have the expertise to execute that business at the outset. We have attracted the best talent in each of our businesses with the same ethic flowing through all.

Nick SellarsGroup Managing Director

August

2017

New Chelmsford Office

As our team grew, we also had to expand our office space. In August 2017 we moved offices in Chelmsford and are still to be found in Steeple House on Church Lane!

March

2018

Opened London Office

With our continuous growth, we further expanded with an additional office on Regent Street in London.

August

2018

Expansion: 4Syte Trade Ltd

In August 2018, 4Syte Trade was established to extend existing services further across the trade finance arena. We further expanded our services to offer funding for the whole trade cycle to UK businesses.

Find out more about our Trade service here
“

We focus on our core business and we invest in bright people.

Nick SellarsGroup Managing Director

September

2018

Opened Leeds Office

In September 2018 we opened our Leeds office to expand our reach and be more accessible in the North. Samantha Wilson joined as Regional Managing Director of the North and is also heading up our Construction business which operates out of our office on 17 Park Place.

December

2018

Rebrand: 4Syte Construction Ltd

In December 2018 we increased our stake in Cirrus 4Syte. We decided to rename and rebrand to 4Syte Construction, making the company part of the 4Syte Group, while continuing to offer funding against applications for payment and staged invoices under contracts and framework agreements focusing on SMEs in the construction sector, as well as other contract businesses.

Find out more about our Construction services here

January

2019

Expansion: 4Syte Structured Finance Ltd

In early 2019 we established 4Syte Structured Finance to offer structured business loans to SMEs which are secured against commercial & residential real estate. With a great range of different types of secured lending facilities, 4Syte can offer the correct structured finance solution tailored to clients’ affordability – at a competitive rate, to new start-ups and established businesses alike. Paul Fenton joined us as Managing Director of 4Syte Structured Finance which operates out of our London office.

Find out more about our Structured Finance service here
“

With a multitude of different products, we take the time to understand the Clients’ requirements and find the correct solutions for them.

Paul FentonManaging Director of Structured Finance

February

2021

Expansion: Acquisition of Factoring Portfolio

4Syte Group entered into an agreement with Barclays for the transfer of assets from the Bank’s factoring portfolio. The deal was a significant step in the growth of the 4Syte factoring business which continued to thrive despite the pandemic.

Read the press release here

May

2021

Secured and Bridging Loan Lender of the Year 2021

4Syte Structured Finance Ltd was named ‘Secured and Bridging Loan Lender of the Year 2021’ by the SME Funding Awards. 

Learn more here

July

2021

New Yorkshire Office

As 4Syte continues to grow, we had to expand our office space in Yorkshire. In July 2021 we moved offices to Hub 26.

October

2021

New London Office

With the continuous growth, we also had to expand our office space in London. In October 2021 we moved to Furnival Street and are now just around the corner from Chancery Lane tube station.

October

2021

Best UK SME Finance Provider 2021

4Syte Group was named ‘Best UK SME Finance Provider 2021’ by the Greater London Enterprise Awards.

Learn more here
Chelmsford Office
Head Office

Second Floor, Steeple House, Church Lane, Chelmsford, Essex, CM1 1NH
01245 377 032 info@4syte.co.uk

London Office

27 Furnival Street, London EC4A 1JQ
01245 377 032 info@4syte.co.uk

Yorkshire Office

Hub 26, 2nd Floor, Hunsworth Ln, Cleckheaton BD19 4LN
0113 403 3302 info@4syte.co.uk

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