4Syte Group enters into an agreement with Barclays for the transfer of assets from the Bank’s factoring portfolio
4Syte Ltd, an independent factoring and asset based lending firm based in Chelmsford, announced today that it has entered into an agreement with Barclays for the transfer of assets from the bank’s factoring portfolio.
The deal is a significant step in the growth of the 4Syte factoring business which has continued to thrive despite the pandemic.
“We are very pleased to have agreed the transfer of this factoring portfolio and are looking forward to welcoming a new set of clients into the 4Syte family” said Nick Sellars, managing director of the 4Syte Group.