4Syte has secured a new funding facility from GB Bank, adding capacity to support more small and medium-sized enterprises across the UK with invoice finance and working capital solutions.
The facility was announced on 30 April and strengthens 4Syte’s funding platform as the business continues to expand its lending to SMEs. The company said the additional backing will help it provide faster, more flexible access to cash tied up in unpaid invoices, while also increasing support for existing customers.
4Syte specialises in invoice finance for smaller businesses. The new facility gives it more room to fund businesses looking to manage cashflow, release working capital, and maintain trading momentum while waiting for invoices to be paid. The company said the transaction will also further diversify its funding base.
Nick Sellars, Group Managing Director at 4Syte, commented: “We are delighted to partner with GB Bank on this important transaction. This funding strengthens our platform and enhances the resilience of our capital structure, positioning us well for continued growth. At 4Syte, we are committed to delivering straightforward, reliable funding solutions, and this facility enables us to support more UK SMEs while maintaining the high levels of service our clients expect.”
GB Bank said the deal reflects its focus on providing specialist funding lines alongside its retail savings and property-backed lending activities. The bank works with brokers, investors, entrepreneurs, businesses, and non-bank lenders on structured funding requirements.
Tom Graham, Group Treasurer at GB Bank, commented: “We are pleased to support 4Syte with this transaction. The business has built a strong reputation in the SME finance market, providing valuable support to businesses across the UK. This reflects GB Bank’s ongoing commitment to supporting specialist lenders with funding facilities and helping increase the flow of funding to SMEs, which are a cornerstone of the UK economy.”
4Syte said the facility will support a growing number of SME clients, increase funding capacity for current customers, strengthen and diversify its funding platform, and help it continue delivering working capital solutions across the UK.
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