ThinCats Annual Review 2024
In 2024, UK businesses faced challenges and saw some increased stability, with reduced inflation, lower interest rates, and key events like a general election and the first Labour budget in 14 years. The election promised fiscal responsibility and business support, but concerns arose about the impact of rising NI/PAYE and minimum wage on SME growth. As mid-sized businesses navigate this evolving landscape, we remain dedicated to helping them by providing tailored funding solutions.
Read the full Annual Review here.
In 2024, we reached major milestones, including moving our headquarters to Birmingham, launching the Agile Capital product, and providing over £335 million in funding, bringing our total to over £2 billion. Our consistent top ranking in Experian’s Market IQ M&A debt provider league tables reflects our growing market presence and our commitment to supporting UK SMEs thrive.
Our 2024 review highlights another busy year supporting mid-sized SMEs.