3 years ago

ThinCats Secures £100 Million to Support SME Pandemic Recovery

  • ThinCats, a UK-based alternative finance provider, has secured an additional £100 million from Insight Investments to support SMEs in their recovery from the Covid-19 pandemic

  • This brings the total capital available to be loaned out to £650 million

  • ThinCats offers funding ranging between £1m and £15m for mid-sized UK SMEs and combines data analytics with traditional lending and a regional network of business finance specialists

  • The firm also offers cashflow lending accounts for about 75% of new fundings, suited to high-growth businesses.

      • ProblemFinancial Services

      "SMEs in the UK need access to funding to recover from the Covid-19 pandemic and invest in their growth."

      Solution

      "ThinCats provides loans ranging from £1m to £15m to mid-sized UK SMEs, combining data analytics with traditional lending practices and a regional network of business finance specialists."

      Covered on