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British Business Bank offers 4Syte with £100m funding facility
['Mon', 'Sep', 'Min Read']
Yahoo Finance
The British Business Bank (BBB) has entered an agreement with 4Syte to provide an ENABLE Guarantee, supporting up to £100m ($117.4m) facility.
This agreement is expected to enhance 4Syte's capacity to extend invoice finance and asset-based lending to smaller businesses across the UK.
4Syte is an independent invoice finance provider in Chelmsford, Essex, and has additional offices in London, Leeds, and Banbury.
4Syte Group managing director Nick Sellars said: “This facility demonstrates the commitment of the British Business Bank, NatWest and 4Syte to the SME sector and its vital role in driving growth across the UK.
"British Business Bank offers 4Syte with £100m funding facility" was originally created and published by Leasing Life, a GlobalData owned brand.
['business'
'support'
'finance'
'lending'
'bank'
'funding'
'100m'
'british'
'facility'
'uk'
'offers'
'financial'
'natwest'
'4syte']