Sheffield finance provider secures news of funding to boost business growth

Cirrus 4Syte Limited, the Sheffield-based finance provider, has secured additional lines of funding to give even more businesses access to finance for growth.

The new funding also allows Cirrus 4Syte to expand and provide much larger and much more competitive facilities to its clients.

As a result of the new funding line, the financial provider has announced that lending is no longer restricted to the construction sector and it is now able to offer, short-term, flexible funding solutions with no up-front fees and no termination fees in any industry.

Additionally, the new lines allow Cirrus 4Syte to offer funding solutions nationwide, with specific focus on Manchester and the North West and London and the South as well as in Yorkshire.

Cirrus 4Syte was established in 2014 from its offices at Omega Court in Sheffield.

Wayne Shore, Cirrus 4Syte managing director, commented “We are absolutely delighted to have secured the new funding line. Until now we have been restricted in the areas and types of business that we could lend to.

“Now, we can push on and show people just what we can do. There is a significant gap in the market when it comes to funding the construction sector, one off transactions, and short-term lending and we are now able to step into that gap and make a difference to those companies who can’t secure funding from banks or other lenders”.

Nick Sellars, Cirrus 4Syte director and managing director of 4Syte Funding, added: “We have been excited about the potential of expanding into the construction finance market since we met Wayne and Tim, who have a great reputation for what they do.

“With the new funding available, our back office and their expertise, we intend to make a bold statement in the market.”