The new funding line will support the firm’s ambitious plans to grow its secured SME loan book to £50 million and beyond.

4Syte Secured Finance is an independently owned provider of security-backed loans to UK SMEs. Since its set up in January 2019, the business has deployed over £50 million in funding to over 300 SMEs across the country.

The new three-year funding package from Shawbrook follows a competitive refinancing process and with Shawbrook’s ability to tailor a flexible, performance-linked facility – alongside its understanding of 4Syte’s unique operating model and future plans – proved decisive. Paul Fenton, Managing Director at 4Syte Secured Finance, commented:

“We were looking for a funding partner that could not only support our current operations but really got behind our growth strategy – and Shawbrook stood out. Their team took the time to understand our business in detail, and structured a facility that gives us the headroom and confidence to scale.”

The facility is designed to provide the business with both stability and flexibility. Built around a revolving credit structure, it gives 4Syte the ability to fund new lending without repeated refinancing, while ensuring the capital structure remains aligned to performance and market conditions.”

Liam McGall, Director, Speciality Finance at Shawbrook, said:

“This is a fantastic example of how two specialist lenders can work in partnership to support the UK’s SME economy. We’ve worked closely with the 4Syte team over the past several months to understand their portfolio, growth plans, and strategy – and we’re delighted to provide a facility that helps them take the next step in their journey. We believe strongly in backing ambitious, well-run specialist lenders, and 4Syte’s track record and leadership speak for themselves.”

About 4Syte Secured Finance

4Syte Secured Finance offers secured loans to SMEs against residential or commercial properties. The secured lender is based in Chelmsford, Essex, with additional offices in London, Banbury and Leeds.

The reason for the name change is that the new name is much more reflective of the products the company offers.

The day to day running of the business remains the same, allowing it to continue to offer secured loans to SMEs against residential or commercial properties.

“I’m a fan of plain English, so delighted with the change. ‘Structured Finance’, we thought, was a little self-indulgent. Secured Finance is what this business does,” said Nick Sellars, Managing Director of 4Syte Group.

About 4Syte Secured Finance:

4Syte Secured Finance Ltd offers secured loans to SMEs against residential or commercial properties. The company is based in Chelmsford, with additional offices in London and Leeds.

Founded in early 2019, the firm has a highly experienced service driven team and with a great range of different types of secured lending facilities, 4Syte can offer the correct secured finance solution tailored to clients’ affordability – at a competitive rate, to start-ups and established businesses alike.

The 4Syte Group consists of five business pillars providing SMEs with the finance they need for working capital, cashflow, business expansion and debt consolidation.

With more than 2,000 members, the NACFB is the largest independent trade body for commercial finance brokers in the UK.

“We are thrilled to have joined the NACFB as a Patron Lender. We look forward to working with the organisation and its affiliated commercial introducer professionals over the coming months. As 4Syte continues to grow and further establish itself in the marketplace, we believe it is the perfect time to join the NACFB and expand our multiple offerings to the wider broker network,” said Paul Fenton, Managing Director of 4Syte Structured Finance.

Learn more about becoming a 4Syte introducer HERE.

About 4Syte

4Syte is a working capital provider focusing on invoice finance, construction finance, trade finance and secured lending.

The four pillars of 4Syte are all dedicated to providing UK SMEs with the finance they need for working capital, cashflow, business expansion and debt consolidation. With a focus on hands-on service, we are always available to speak to our clients at the level they need.

We aim to be the ‘go-to’ place for one or more solutions across our product range, making the set-up journey easier and quicker for introducers and prospects alike.

Learn more about our services HERE

When announcing the winner, the SME Funding Awards shared the following:

“The panel came to a unanimous decision with the Secured and Bridging Loan Lender of the Year winner. It was thought that 4Syte has had an impressive year and has managed to adapt to the climate of the pandemic well.

As put by Rob, ‘it has been an impressive year for 4Syte, especially with regard to the transferring of assets from Barclay’s portfolio’. The communication that 4Syte offers to their clients further puts them ahead of the competition here.

They use a common-sense underwriting approach which ensures their customer’s needs are closely prioritised. Tesh’s enthusiasm for the lender was apparent; ‘4Syte, 4eva!’

Congratulations to 4Syte on their award for Secured and Bridging Loan Lender of the Year by SME Funding Awards 2021.”

“We are delighted to be named ‘Secured and Bridging Loan Lender of the Year 2021’ by the SME Funding Awards. This award is a real testament to the whole 4Syte team and all of their hard work. Despite the pandemic, 2020 and 2021 have been fantastic for 4Syte. We have consistently funded and supported new and existing clients throughout these difficult times, and we continue to see a record number of new enquiries. We look forward to the remainder of the year to further establish ourselves as a serious player in the secured lending and bridging market,” said Paul Fenton, Managing Director of 4Syte Structured Finance.

Congratulations to all winners!

View all winners in all categories here.

Here are a few of the award winning Secured Finance services we offer:

Term Loans:

4Syte Secured Finance offers secured term loans against residential or commercial properties to all businesses in any sector – whether it is an established business or a new start-up. We provide facilities from £26,000 to £500,000, with fast credit decisions based on the strength and story of your customers.

A term loan is a fixed interest and capital repaid facility allowing clients to manage their cashflow which is key. Term loans can be considered from 12 months to 7 years and we can offer structured staged repayments in line with the client’s affordability and forecasts.

Interest-only Loans:

4Syte Secured Finance offers interest-only loans backed by residential or commercial properties to SMEs in all sectors, 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. We offer interest-only loans for up to 2 years at a maximum.

An interest-only loan is well suited to start-up businesses and established companies alike, where the client is looking for minimum monthly repayments and has an exit strategy for the end of the facility. Our interest only loans contain a bullet payment at the end of the agreed term to be settled, and this can be done via various methods including the sale of an asset, from the clients business funds, re-financed by another lender or even re-financed in house at 4Syte Secured Finance onto one of our flexible term loans.

Bridging:

4Syte Secured Finance offers bridging loans backed by residential or commercial properties to all businesses in any sector, established 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.

A bridging loan is a short-term facility from 1 month to 12 months maximum. There are no monthly repayments with a simple agreed bullet payment at the end for the capital borrowed and interest. These facilities are well suited to bridge any funding gap where there is a clear exit strategy such as the sale of an asset, from the clients business funds, re-financed by another lender or even re-financed in house at 4Syte Secured Finance onto one of our flexible term loans. Typically bridging loans are used to give a client time and breathing space to source a longer-term finance arrangement for their business.

We are very excited to be nominated and are looking forward to find out who wins in May.

Good luck to all nominees!

Read our nominee profile here.

Learn more about the SME Funding Awards:

View website here.

View LinkedIn here.

Learn more about how 4Syte works hard providing structured business loans to SMEs.

The new funding line will support 4Syte Structured Finance in further expanding its portfolio, which has already seen a rapid growth since the firm’s inception in January 2019.

Shawbrook Bank‘s Specialist Wholesale team supports 4Syte Structured Finance’s further growth and has provided a bespoke facility to meet specific funding requirements.

“We are delighted to be working with Shawbrook Bank, and this new relationship highlights our strength in the secured lending market. This new funding line will enable us to support even more SMEs with our niche loan products and appetite to lend to established and start-up businesses alike. Since 2019 we have been committed to introducers and borrowers, offering flexible structured funding options and we are looking forward to growing our portfolio with a new competitive price point,” said Paul Fenton, Managing Director of 4Syte Structured Finance.

“On behalf of the 4Syte Group we are delighted to conclude this senior funding line with Shawbrook Bank which will take 4Syte Structured Finance to the next level. Whilst independently financed and capitalised, Structured Finance is a major pillar to the 4Syte Group which adds a further layer of complimentary financing options to our ever growing SME client base,” said Nick Sellars, Managing Director of the 4Syte Group.

“The team at 4Syte Structured Finance are specialists in their chosen market, which has allowed the business to support their existing customers over the past year. We are pleased to be working alongside the team and look forward to assisting in their continued growth,” said Jake Francis, Structured Finance Associate Director at Shawbrook Bank.

About 4Syte Structured Finance: 

4Syte Structured Finance Ltd offers secured loans to SMEs against residential or commercial properties. The secured lender is based in Chelmsford, Essex, with additional offices in London and Leeds.

Founded in early 2019, the firm has a highly experienced service driven team and 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.

The 4Syte Group consists of four business pillars providing SMEs with the finance they need for working capital, cashflow, business expansion and debt consolidation.