Borrowing

The only way that a business can get their loan application featured in an auction is to attract the support of a "Sponsor". Sponsors are generally experienced former bank mangers and corporate finance specialists who work for the borrower, helping them to prepare their case. At the same time the Sponsor must be prepared to put their reputation 'on the line' since Lenders will learn to recognise those Sponsors who have higher standards and better track records.

You can send an email to ALL of our Accredited Sponsors at the same time telling them about your opportunity by clicking on this link: [sponsors@thincats.com]

We provide business loans ranging from about £50,000 to about £1m repayable in fixed monthly instalments over periods ranging from 6 months to 5 years or more at competitive rates determined by the marketplace through the auction process.

There are normally no penalties or additional costsfor early repayment of the loan.

We are very keen to establish a reputation for high quality, low risk lending opportunities. Only those applicants that can demonstrate their ability to repay the loan and have good security to offer lenders are likely to be successful. Security is always required but is a secondary consideration. Personal guarantees may be required to secure funding.

The Business Loan Network funding is NOT an alternative to equity or early stage finance and it is certainly NOT a source of 'soft loans'. Our ‘Sponsors’ are very experienced 'old school' bank managers and are just as difficult to impress as when they worked for one of the major clearing banks! The key difference is that the banks have changed, moving away from the days when they gave each bank manager their own credit limit and a degree of autonomy.

You can find out more detail about the lending process by reading the Borrowing FAQs