Shawbrook Bank has provided a revolving credit facility to Chelmsford-based lending institution, 4Syte Structured Finance, to support the growth of its secured SME loan portfolio.

4Syte Structured Finance offers secured SME loans backed by residential and commercial properties located throughout England and Wales.

The new funding line will support the expansion of its portfolio, which has already seen rapid growth since its inception in January 2019.

The wider 4Syte Group, founded in 2016, is a secured SME lender covering a wide range of services including invoice finance, debt sale, construction finance, trade-finance and structured finance.

“We are delighted to be working with Shawbrook, and this new relationship highlights our strength in the secured lending market,” 4Syte Structured Finance managing director, Paul Fenton, commented.

“This new funding line will enable us to support even more SMEs with our niche loan products and appetite to lend to established and start-up businesses alike.

“Since 2019 we have been committed to introducers and borrowers, offering flexible structured funding options and we are looking forward to growing our portfolio with a new competitive price point.”

Shawbrook’s specialist wholesale team is supporting 4Syte Structured Finance’s future growth through the provision of a bespoke facility to meet specific funding requirements.

Structured finance associate director at Shawbrook, Jake Francis, added: “The team at 4Syte Structured Finance are specialists in their chosen market, which has allowed the business to support their existing customers over the past year. We are pleased to be working alongside the team and look forward to assisting in their continued growth.”

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