Welcome to ThinCats.com
Secured business lending opportunities for experienced investors.
Very low deposit interest rates, rising inflation and volatile financial markets makes it very difficult to manage any investment portfolio to achieve income above inflation, let alone consistent growth.
ThinCats offers a different class of inherently stable investment which provides a regular fixed monthly income with an attractive rate of interest that the investor sets. Interest rates have been ranging between 7% and 15% but are likely to settle at around 8-10% as the market develops.
Uniquely, all ThinCats loans are backed by security in the form of debentures and/or personal guarantees to a similar standard that a bank would normally require. Investors can further reduce their risks by spreading their funds over a number of different loans.
Creating Syndicates of Lenders through an on-line Auction
Lending Members take part in an on-line auction to join a lending syndicate for each loan. At the end of the auction the lowest bids needed to make up the loan are accepted and the Lenders get the rate of interest they offered. The Borrower is offered a loan at the weighted average of the accepted bids plus 1.5% to cover operating, deal management and monitoring costs.
Lender and Borrower share the savings from bypassing banks
Individuals, companies and pension fund managers who manage investment portfolios get direct access to the low risk market sector traditionally occupied by high street banks.
This is achieved by holding an on-line auction for secured business loans. Investors review the detailed information provided on the lending opportunities available and make bids to join syndicates lending directly to those business.
'Pick Your Own' interest rate.
Lenders make all their own investment decisions and specify the interest rate they require. The minimum loan is £1,000 and the maximum is the whole loan. So far the most common bid has been £5,000 and bids of £50,000 are not uncommon.
Those lenders offering the best interest rates are selected to make up the lending syndicate and get the interest rate they have asked for. ThinCats manages the deal completion including legal documents and security. Because we cut out the costs and profit margin of the bank both Borrower and Lender get a good deal.
There are no charges or fees for Lenders and no obligation to lend.
Unlike other investments there are no annual charges or membership fees. All we ask is that you deposit at least the minimum loan amount of £1,000 in your client account to demonstrate your commitment (you can use that £1,000 to make a loan). Unallocated funds are returnable on request without penalty.
Summary:
Lenders Get:
- Access to a new class of investment that produces fixed monthly returns;
- 'Pick-Your-Own' rate of interest and amount to lend (min £1,000);
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Detailed information about the borrower to help select appropriate deals;
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Vetting, legal documentation, deal management and Security;
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Manage risks by spreading investments over a portfolio of loans;
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No fees and no commitment to make loans.
Borrowers Get:
- The support of an experienced 'Sponsor' who helps prepare the Information Pack;
- A responsive and flexible service at a modest cost, payable on success
- The ability to raise capital when you need it to unlock profit opportunities
- A competitive deal which can complement existing bank and equity funding
- No penalties for early repayment
