Agile Capital
Agile Capital combines our term loan facility with a revolving credit line. This creates a flexible one stop shop solution for borrowers with term debt and working capital funding requirements.
What is Agile Capital?
Agile Capital combines a term loan with a revolving credit facility (RCF), providing a holistic funding solution for mid-sized businesses.
Agile Capital is suited to businesses where a traditional ABL facility does not meet the total funding requirement and a term loan ‘overfunds’ the business from time to time.
Agile Capital does not seek to replicate or compete with ABL facilities as a result, ThinCats does not need to take control of the debtor book, stock or associated cashflows. This provides the flexibility and cost-effectiveness of a working capital line with less operational impact than traditional ABL facilities. Equally the total Agile Capital funding needs to be supported with a sensible leverage level, as not all of the Agile Capital facility will be asset covered.
What are the benefits?
Agile Capital enables businesses to access our bespoke term debt solutions alongside a revolving credit facility, providing even greater flexibility to SMEs looking to grow.
Single facility from one lender
Structured to meet business funding requirements
Flexible drawing of RCF ensures interest costs are minimised
No operational impact on cash management
Reduced administrative burden
