Company Research Report: 4Syte Group
Company Overview
- Name: 4Syte Group
- Mission: At 4Syte, we strive to be different from the stereotypical financier. We look beyond “here and now” and focus on providing Financial Peace of Mind.
- Founded: 2016
- Founders: No information is available.
- Key People: Nick Sellars (Group Managing Director)
- Headquarters: Chelmsford, Essex, with additional offices in London and Yorkshire.
- Number of Employees: No information is available.
- Revenue: No information is available.
- Core Competence: Known for providing financial solutions tailored to SMEs, such as invoice finance, construction finance, asset-based lending, trade finance, and secured lending.
Products
Invoice Finance
- Description: Provides cash against invoices, ensuring businesses have the liquidity required for smooth operations.
- Key Features:
- Facilities range from £50,000 to £3,000,000.
- Includes full-service factoring and credit management services.
Construction Finance
- Description: Tailored for SMEs in the construction sector, offering funding against applications for payment and staged invoices.
- Key Features:
- Facilities range from £125,000 to £1,500,000.
- Quick response with credit-backed decisions.
Asset-Based Lending (ABL)
- Description: Offers secured lending against multiple business assets.
- Key Features:
- Facilities up to £4,000,000.
- Supports event-driven change with fast funding solutions.
Trade Finance
- Description: Provides purchase finance combined with invoice finance, facilitating the entire trade cycle.
- Key Features:
- Combined facilities up to £1,000,000.
- Supports both domestic and import trade transactions.
Secured Finance
- Description: Offers secured loans against residential or commercial properties.
- Key Features:
- Facilities range from £26,000 to £500,000.
- Available for startups and established businesses, offering flexible early settlements.
Recent Developments
- Recent Awards:
- Named ‘Nationwide SME Financial Solutions Company of the Year 2024’ by Greater London Enterprise Awards.
- Awarded ‘Commercial Finance Solutions Provider of the Year 2023/24’ by Corporate LiveWire Global Awards.
- Name Change:
- 4Syte Structured Finance rebranded to 4Syte Secured Finance to better reflect its service offerings.
- Milestone Achievements:
- Celebrated achieving £100 million in funds advanced to SME clients.
- New Partnerships:
- In 2021, entered into a partnership with Barclays to take over the bank’s factoring portfolio.
Strategic Focus
- Client Satisfaction: 4Syte focuses on delivering a personal, hands-on service, emphasizing the importance of customer relationships.
- Innovation and Growth: Continues to expand service offerings and adapt to client needs, maintaining a strong growth trajectory within the financial services market for SMEs.
Conclusion
4Syte Group stands out in the market with its diverse financing solutions focused on SMEs, an experienced team, and a client-centric approach, continuously gaining recognition and achieving industry milestones.