Business
British Business Bank agrees £100m ENABLE Guarantee transaction with Cynergy Bank
The transaction will support Cynergy Business Finance’s invoice finance lending and is the first ENABLE Guarantee to support this asset class.
Cynergy Business Finance
News
Almost a third of financial services companies fold inside five years, research finds
AptPayment’s analysis indicates a 32.2% closure rate for new finance companies over five years, with banks being the hardest hit.
Asset Finance
Cynergy Business Finance bolsters team with new corporate sales director
Dave Green (pictured) joins CBF from Secure Trust Bank Commercial Finance, where he worked as regional sales director for almost a decade.
Business Finance
Cynergy Business Finance supports over 200 UK SMEs in two years
Cynergy Business Finance (CBF), the asset-based lending arm of Cynergy Bank, celebrates its second year of operations, having supported 211 customers and reaching funding limits of £346m.
Business Finance
Cynergy Business Finance provides £150m of funding facilities in first year
Cynergy Business Finance (CBF) has surpassed £150m in funding for small and medium-sized enterprises (SMEs) since its launch in September 2021.