By Paul Fenton, Managing Director of Structured Finance

Running a business is never easy but can be especially challenging in the middle of a global pandemic. The key to a business succeeding or failing is having the correct finances in place for working capital, growth, and unseen financial circumstances.

4Syte as a group has been supporting businesses across the UK since 2016, offering a wide range of funding solutions. Our appetite to lend and common-sense underwriting approach coupled with fast, responsive credit decisions are the reasons we have continued to stay busy providing cashflow solutions to SMEs.

We are proud that 4Syte Structured Finance has continued to provide SMEs with secured business loans throughout the pandemic, supporting their survival and ultimate success whilst others may have halted lending for a period.

One 4Syte product that has been extremely popular over the last 18 months is our 2-year interest-only business loan. It is a simple loan with agreed low monthly repayments and a bullet payment due at the end of the signed facility. There are many benefits to an SME taking an interest-only loan instead of being tied into a long-term facility elsewhere, if they can even obtain one that is.

Here are a few advantages of a 4Syte Secured Interest-Only Loans:

• The monthly repayment. This will typically be lower, benefitting the client’s monthly cashflow situation. A lower repayment is always an advantage and even more so during a distressed period such as a global pandemic.
• The 2-year term we offer enables businesses to grow and fulfil their sales plans in this period, thus it is putting the client in a position where they can potentially refinance the 4Syte bullet payment due at the end of the term with a high street bank or similar.
• 4Syte is always happy to consider refinancing the bullet payment due into one of our in-house flexible term loans to give the client peace of mind, should they not be able to refinance with a third-party lender.
• Should a client be in the position where they have surplus liquidity, they can pay 4Syte above and beyond the agreed monthly repayments in order to reduce the bullet payment debt.

4Syte Structured Finance offers interest-only loans backed by residential or commercial properties to SMEs in all sectors, to established businesses and start-ups alike. We provide facilities from £26,000 up to £500,000, with fast credit decisions based on the strength and story of your customers. An interest-only loan is well suited for both a start-up and an established company where there is a satisfactory exit strategy.

Get In Touch – Secured Interest-Only Loans

If you would like some more information about our secured interest-only loans, then please get in touch.

You can call us on 01245 377032, contact us online, or alternatively you can request a call back. You can also download an indicative criteria form below which details all the relevant criteria.

During the Coronavirus pandemic, 4Syte Structured Finance has continued to provide flexible secured loans to SMEs for business purposes. Whilst some lenders have closed for business due to Covid-19, others have now started to offer loans under the Coronavirus Business Interruption Loan Scheme. But for 4Syte Structured Finance it is business as usual!

Many lenders offering CBILS loans tend to have criteria that differs from one another. This means a lot of businesses will not qualify for these type of facilities. It can be confusing as to who to approach. We are proud to have stayed consistent with our product offerings, credit policies and appetite to lend money to businesses – especially when it is needed the most.

4Syte Structured Finance continues to be active offering 1st and 2nd charge business loans up to £500,000 and we are maintaining our fast and flexible ‘to-do’ attitude in funding SMEs. Some CBILS loans will end up being a tick box exercise from an application perspective which means certain businesses will be rejected. 4Syte looks at each deal on its own merit; applying a common-sense underwriting approach to each new proposal. We understand business, listen to SMEs, and always look to provide a sensible structured and competitive facility to our borrowers.

4Syte Structured Finance recently approved a restaurant for new funding when other lenders had rejected them due to them being in hospitality. How did we approve them? We took the time to understand the business, listened to the client’s story, asked the right questions, and received the right answers in return. By looking at the restaurant’s whole picture in terms of history, experience, plans to drive the business forward and contingency, we were able to approve them for a £200,000 secured loan over a 6-year term with attractive pricing when no one else would.

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.

We offer a range of service. Whether it be sme invoice finance, construction finance, 4syte Trade Finance, or structured business loans to SMEs we have a solution for you.

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.

A common misconception with secured loans is that it should be the last resort to a funding solution. Wrong. As an alternative lender, with our experienced credit team, competitive pricing, fast decisions, flexible products/payment terms and appetite to support brand new and established SMEs, we should be at the forefront of a client’s plans when it comes to seeking financing. Whilst the High Street and Banks may take a long time to make a decision on an application or just have no appetite to support the SME market, we are open for business and ready to support them on a daily basis. With a fast and flexible expert team at 4Syte, we say yes to many deals where others say no.

Alternative lenders as a whole have come to the forefront of lending to businesses that would normally go to their bank manager. Indeed, the role of the bank manager has now more or less disappeared, leaving clients with no one to talk to regarding their current position and future plans. 4Syte has very much taken on the role of the bank manager, and we talk to our introducers and clients on a daily basis. With a multitude of different products, 4Syte takes the time to understand the clients’ requirements and find the correct solutions for them whether it is business expansion, working capital or debt consolidation to name a few. We offer a service that you won’t find on an algorithm or call centre, with a highly experienced team that understands business and business requirements.