Core Insights - The British Business Bank (BBB) has partnered with 4Syte to provide an ENABLE Guarantee, supporting a facility of up to £100 million ($117.4 million) to enhance 4Syte's lending capacity to smaller businesses in the UK [1][2] - The ENABLE Guarantees program aims to reduce the capital required for lenders, thereby promoting increased financing to SMEs [1][2] - The UK Government shares a portion of the lending risk under this scheme to encourage debt finance for SMEs [2] Company Overview - 4Syte is an independent invoice finance provider based in Chelmsford, Essex, with additional offices in London, Leeds, and Banbury, established in 2016 [3] - The company offers a variety of financial services, including construction finance, trade finance, and asset-based lending to support SMEs [3] Strategic Implications - The partnership with NatWest Bank is expected to double 4Syte's existing funding facility, demonstrating a commitment to increasing the diversity of providers in the lending market [2][4] - 4Syte's managing director emphasized the importance of this facility in supporting the SME sector, which plays a crucial role in driving growth across the UK [4]