A new approach to funding UK businesses

Are SMEs the new ‘financially excluded’?

12^th Jul 2018   ·   The ThinCats Team   ·   Insights

The banking network is shrinking, and it is bad news for businesses. The good thing is, there’s now an alternative.

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Open Banking: how can it benefit the borrower/lender relationship?

16^th Nov 2020   ·   The ThinCats Team   ·   Insights

Open Banking simply provides lenders like ThinCats, which do not hold the main current account of the business, that same visibility. With Covid-19 causing heightened uncertainty around future cashflows, this enhanced transparency helps improve the efficiency, accuracy and flexibility of the lending process to ensure borrowers get the best funding solution for their needs, both now and in the future.

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Responding to demand for private equity lower-mid market funding

12^th Oct 2020   ·   The ThinCats Team   ·   Insights

One of the consequences of processing more than 1.6 million government backed loan scheme applications is that banks and alternative lenders have been limited in how much “business as usual funding” they could support. This is especially so for those type of deals such as MBOs or some private equity backed deals that were ineligible for CBILS or CLBILS funding.

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