ThinCats

ThinCats celebrates £12m funding record




Alternative finance specialist ThinCats has announced that £12m of funding was listed on its peer-to-peer platform during a record month in December.

The funding follows a successful year for ThinCats, which also saw it provide its biggest-ever listed loan of £6.7m to the Chelsea Yacht & Boat Club at the end of September.

Further highlights included securing its FCA regulation and the conclusion of a £200m funding programme for UK SMEs, alongside institutional investors including Waterfall Asset Management.

The platform now hopes to achieve new levels of funding growth over the next 12 months.


“With considerable funding to deploy, ThinCats origination has blossomed into a full team of experienced, finance-smart experts,” said Damon Walford, CDO of ThinCats (pictured above).

“This has brought about a number of new, key partnerships with brokers and introducers across many regions, introducing a great variety of opportunities and avenues for SMEs to access the funding necessary

to grow and develop."

ThinCats has also undergone a total rebrand and has a new website.

Damon added: "It has been quite a year, and we go into 2018 with a very full pipeline, new partners, relationships developing throughout the UK and high hopes for another successful year for all."

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