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British Business Bank offers 4Syte with £100m funding facility
Yahoo Finance· 2025-09-22 14:17
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. The ENABLE Guarantees programme aims to support lenders to increase their financing to smaller enterprises by reducing the capital required for such lending. The UK Government, under this scheme, shares a portion of the l ...