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.

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.

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.

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.