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

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.

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.

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.