Cynergy Business Finance marks four years and £800m in SME lending

Cynergy Business Finance (CBF) is celebrating its fourth anniversary, marking a period of rapid expansion and significant contribution to UK business growth. Since launching in 2021, the lender has provided over £800 million in funding lines to companies nationwide and grown its team to 52 employees.

Over the past four years, CBF has built a strong reputation as a specialist lender offering Asset Based Lending (ABL) solutions tailored to the needs of small and medium-sized enterprises (SMEs). Its comprehensive suite of products has supported hundreds of firms looking to invest, expand, or navigate challenging market conditions.

A major driver of CBF’s growth has been the launch of its block discounting offering 18 months ago, a move that has diversified the lender’s portfolio and strengthened ties with leading asset finance providers. The product has helped grow the firm’s balance sheet by over £100 million, enabling those partners to extend more support to their customers and scale their own operations.

This summer, CBF also launched a standalone asset finance (hire purchase) product, signalling further expansion. The lender aims to grow this new division to over £200 million by 2028, reinforcing its long-term commitment to the UK SME market.

As CBF looks toward 2026 and beyond, it plans to expand its operations across the UK, deepening its engagement with key sectors and adapting its funding solutions to meet evolving business needs. The company says its significant extra funding capacity provides “security, confidence and headroom” for SMEs as they pursue growth, create jobs, and strengthen the wider economy.

“Reaching our fourth anniversary is a proud moment for Cynergy Business Finance. Over the past four years, we have had the privilege of supporting ambitious businesses across the UK, helping them unlock growth and enhance resilience through flexible funding solutions.