ThinCats appoints Chris Pacey to lead new Agile Capital product
Chris has more than 20 years’ experience with deep technical knowledge of receivables and ABL products. Prior to joining ThinCats, Chris was Head of Relationship Management at ABN AMRO Commercial Finance.
Chris will work alongside the ThinCats business development team across the country, in particular, Steven Munt in London/South East, Matt Vincent in the Midlands and Mike Dinnell in the North West.
Agile Capital provides a holistic funding solution for businesses where a traditional ABL facility does not meet its total funding requirement and a term loan ‘overfunds’ the business from time to time.
Find out more about Agile Capital
Ravi Anand, Managing Director, ThinCats: “Agile Capital enhances ThinCats proposition to mid-sized businesses by addressing the challenge of funding growth within a working capital intense business. Our simple, but innovative solution of a term loan plus an RCF, fills a market gap and is a valuable addition to our existing suite of facilities. We are delighted to have Chris on board to spearhead this initiative.”
I am delighted to be joining ThinCats at such an exciting time in its development and lead the new Agile Capital product. Having worked in ABL for many years it is great to see a solution which takes a more holistic view of a borrower’s funding needs. By combining ThinCats’ expertise in cashflow lending with some of the principles of ABL, we have created a one-stop solution to fund growth and working capital requirements without the need to interfere with management of a borrower’s operational cash flowsChris Pacey, Head of Agile Capital, ThinCats
