155:. In December 2015, it was announced that ESF Capital (European Speciality Finance) Limited had purchased a 73.4% equity stake in ThinCats. In December 2019, ThinCats announced that all future funding would be sourced from institutional investors only, letting its P2P platform go into administration. In 2020 ThinCats was one of the first alternative lenders to be accredited by the British Business Bank to lend under the government backed Coronavirus Business Interruption Loan Scheme (CBILS) and Coronavirus Large Business Interruption Loan Scheme (CLBILS).
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ThinCats funds UK SMEs with loans from £1m up to £15m. It offers various funding solutions to meet a number of needs including working capital, refinancing, growth capital and acquisitions. A nationwide business development team was established in 2017 and works with accountants, corporate finance
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Thincats was launched in 2011 as one of the first peer-to-business lenders in the UK allowing individuals to lend money to limited companies. The company was set up to help meet demand for funding generated largely by the withdrawal of the banks following the
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to mid-sized UK businesses using capital from institutional investors including pension schemes and asset managers. Founded in 2011, ThinCats operates throughout the UK with offices in
Birmingham, Manchester and London.
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In 2018 ThinCats launched its data modelling system; PRISM (Propensity and Risk Model). This is used to help the business price risk and also looks to predict an SME’s future funding requirements.
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Since 2017 ThinCats has announced a number of funding programmes and now manages mandates for a range of institutions, including
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ThinCats enables institutional investors looking for income from an alternative asset class to lend directly to UK businesses.
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companies and other business advisers to structure debt facilities for businesses.
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299:"What accountants need to know about the revolution in lending to SMEs"
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338:"ThinCats secure £200M boost for UK SMEs with BAE Systems Pensions"
340:, 'IBS Intelligence', 11 December 2018. Retrieved on 8 April 2019.
301:, 'Accountancy Age', 10 December 2018. Retrieved on 8 April 2019.
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353:, 'Business Cloud', 18 February 2019. Retrieved on 8 April 2019.
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327:, 'Leasing Life', 19 September 2018. Retrieved on 8 April 2019.
325:"ThinCats looks at £300m institutional investment for p2p ABL"
314:, 'Real Business', 2 October 2017. Retrieved on 8 April 2019.
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286:"Peer-to-peer business lender ThinCats hires new Manager"
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288:, 'BBP Media', 07 March 2017. Retrieved on 8 April 2019.
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312:"£200m UK SME funding programme launched by ThinCats"
239:"Business Loan Network Limited enters administration"
222:"ESF Capital Acquires Controlling Stake in ThinCats"
253:"ThinCats opens up CBILS lending to new customers"
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137:is an alternative lender that provides business
228:, 08 December 2015. Retrieved on 20 July 2016.
211:, 23 June 2011. Retrieved on 03 June 2013.
205:"ThinCats.com offers peer-to-peer lending"
351:"Lender ThinCats in £20M Funding Boost"
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176:Investing
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135:ThinCats
116:Products
44:Industry
20:ThinCats
146:History
124:Website
80:England
58:Founded
64:(2011)
257:AltFi
226:AltFi
139:loans
168:Data
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