If you are interested in using ThinCats as a funder for your clients, please contact your regional ThinCats representative.
We have more than £700m of committed capital to lend against assets and/or cash flows to help SMEs in the UK drive further growth and expansion.
Our loans start from £1m and go up to £15m.
The terms of our loans range from 6 months to 5 years, amortising or bullet.
Some businesses are seeking to refinance or restructure their existing facilities, building additional financial headroom to take advantage of new opportunities for growth. Others require capital to fund the purchase consideration and ongoing working capital for an acquisition, management buy out or buy in.
As a secured lending platform, we look for a first ranking debenture over the borrower and where appropriate, a fixed charge over property and/or fixed assets.
Any additional guarantees to support the borrower are considered on a case by case basis.
- 2 years historic, 1 years forecast profit & loss and balance sheet
- Historic and forecast cash flows
- Most recent management accounts not more than 2 months old
- 3 months bank statements
- Turnover and debtor breakdown by customer