ThinCats focuses on funding mid-sized UK businesses, combining advanced data analytics with traditional credit assessment and a nationwide network of finance specialists. Its core offering spans term loans and revolving credit facilities tailored to individual SME needs, recently expanded through its new Agile Capital product that blends term loans with working-capital lines. In its financial year ending 30 July 2024 the lender originated a record £378 million of SME loans and is currently the top non-bank lender for UK M&A transactions. ThinCats has deployed £440 million from a £700 million private warehouse established in September 2023 and aims to scale its total loan book to £2 billion in the coming years. The firm continues to broaden its product set, recently hiring industry veteran Chris Pacey to lead the Agile Capital initiative. This growth strategy is supported by a diversified funding base, now strengthened through a mezzanine commitment from CPP Investments.

Total raised

$1.3B

Funding rounds

5

Latest round

Debt Financing

Latest activity

Aug 2024