Extended System Maintenance: 1st – 2nd July

The ThinCats system is scheduled for extended maintenance between 00:00 (GMT) on Saturday 01/07/2017 and 23:59 (GMT) on Sunday 02/07/2017. During this maintenance window the system will be unavailable; however, no auctions will start or end during this period.  We apologise for any inconvenience caused.


Personal Tax Statements 2016/17

Today we are distributing Personal Tax Statements for 2016/17 for UK residents. The tax statement will be distributed via email to your registered account email address. If you have any queries please contact tax@thincats.com.


ThinCats Newsletter May 2017

  Articles Unpacking retirement planning and P2P Strong and stable – for the many Survey: who are you? Banking SME veteran joins ThinCats Senior hire further strengthens ThinCats core functions ThinCats helps turn up the volume   Unpacking retirement planning and P2P P2P investments can play a vital role in retirement planning. Over the coming …


Prime-cut ThinCats loan for award-winning Edinburgh steak restaurant Picardy Place Steak Restaurant (PPSR) came to life in 2014, when entrepreneur Barrie Brown saw the potential for a high-end eatery in the centre of Edinburgh. Now a group of two extremely popular and award-winning restaurants, a themed bar and a boutique hotel, the business excels in …


Underwritten Loans

We outline below the ThinCats policy for loans listed on the platform which are underwritten by ESF.   Where a loan is underwritten by ESF, they may also choose to take a minimum investment in the loan. Details of this will be set out in the information pack which is available to lenders. In this …


SMEs finding alternative routes to the funding they need An experienced member of the building and construction industry, Jack Norgrove identified the promise in a plumbing and drainage suppliers in Kidderminster, and put a proposal together to buy it out. When the bank he was talking to declined the deal due to insufficient security, he …


Survey prize draw

Thank you very much to all who took part in our recent survey. The closing date to be entered for the prize draw was 24/04/2017. The winner of our hamper giveaway has been contacted and will receive their prize shortly.


ThinCats Newsletter April 2017

  Articles The many layered recoveries process IT progress in Q1 More loans, more variety   The many layered recoveries process Recoveries is an integral part of many financial institutions, and one that has been written about many times before. However, the complexities of obtaining a positive result from a recoveries process deserve another explanation. …


Our hosting provider was scheduled to perform essential maintenance to the ThinCats system, between 20:00 (BST) on Thursday 13th and 01:00 (BST) on Friday 14th April. Unfortunately, our hosting provider has rescheduled and will recommunicate a new date and time within the next 10 days. We apologise for any inconvenience caused.


System Maintenance: Thursday 6th April

The ThinCats system is scheduled for routine maintenance between 19:00 (BST) and Midnight (BST) on Thursday 6th April. The purpose of this maintenance release is to introduce the following enhancements: Dashboard Improved Dashboard load performance Improved Search performance Improved Sort functionality and performance Inclusion of Loan ID reference in loan detail Repayment Summary shows “All …


Borrower case study – Express Motorist Centre

The Express Motorist Centre – Apprentice to Owner via a ThinCats loan Describing themselves as: “The one stop economical solution to all your motoring requirements”, Express Motorist Centre is a vehicle repair site based in Walsall in the West Midlands. Currently operating for over 35 years, back in 1987 they took on a 16-year-old apprentice, …


We are delighted to announce that ThinCats has been ‘Highly Commended’ at the Business Moneyfacts Awards in the “Innovation in the SME Finance sector” category, for the ThinCats loan grading system. The system allocates stars and padlocks to the loans listed on the platform, based on an in-depth analysis of the credit and security grading …


System Maintenance: Thursday 16th March

The ThinCats system is scheduled for routine maintenance between 19:00 (GMT) and Midnight (GMT) on Thursday 16th March. During this maintenance window the system will not be available. We apologise for any inconvenience caused


Borrower Case Study – EuroFreight

EuroFreight shipping out further than ever EuroFreight Shipping Agencies is an international freight forwarders based in the West Midlands, with over 25 years’ experience in importing and exporting cargoes – from hazardous waste to vital recycling – via sea, road and air. With ambitious plans to diversify the service provision and focus on new markets, …


Borrower case study – Camal Enterprises

What do you get if you combine Disney Princesses, Thelma Madine, Swarovski crystals and 150 years of experience?  Midlands based company, Camal Enterprises. Camal Enterprises started life in 2009 in Stoke on Trent as a tableware brand, but when competition became restrictive, they turned their expertise to figurines. Both MD Wayne Nutbeen and Marketing Director …


New Terms & Conditions

In a move to standardise on the terminology used across all our legal documents, we have revised and issued new Platform Use and Lending Terms & Conditions. There has also been a change in ThinCats fees associated with the recovery of loans in a formal insolvency scenario. This will take effect for all loans listed …


System Maintenance: Tuesday 21st February

The ThinCats system is scheduled for essential maintenance between 19:00 (GMT) and Midnight (GMT) on Tuesday 21st February. The purpose of this essential maintenance release is to resolve Secondary Market issues. We apologise for any inconvenience caused.


The ThinCats system was scheduled for essential maintenance between 19:00 (GMT) and Midnight (GMT) on Sunday 19th February. Unfortunately we have not completed the testing to perform the release. We are working on the Secondary Market issue as a priority and will schedule a release shortly. We apologise for any inconvenience caused.


System Maintenance: Thursday 16th February

The ThinCats system requires routine maintenance between 19:00 (GMT) and Midnight (GMT) on Thursday 16th February. During this maintenance window the system will not be available. We apologise for any inconvenience caused.


Reflecting risk in return

ThinCats strives to offer a range of loans to match the risk tolerance of our lenders. It is important that interest rates increasingly reflect accurately the risk inherent in these loans. In tandem with this, the due diligence performed by ThinCats’ Credit team, reinforced by our credit and security ratings, gives a better transparency, and …


That’s (3DD) Entertainment

Funding JFK, Marilyn Monroe and Frank Sinatra – the company that tells the stories of the stars. It doesn’t get much more exciting than the opportunity to help with making television programmes, and that is just what ThinCats lenders did when they invested in TV production company 3DD Entertainment. Involved in making a raft of …


ThinCats Newsletter February 2017

  Articles That’s (3DD) Entertainment Protecting our lenders’ money A look back at 2016 Reflecting risk in return FCA authorisation update   That’s (3DD) Entertainment Funding JFK, Marilyn Monroe and Frank Sinatra – the company that tells the stories of the stars. It doesn’t get much more exciting than the opportunity to help with making …


System Maintenance: Thursday 2nd February

The ThinCats system requires routine maintenance between 19:00 (GMT) and Midnight (GMT) on Thursday 2nd February. The purpose of this maintenance release: Auction bidding stability improvements. Secondary Market disclaimer and guide. Removal of Twitter section from the Notifications Centre. During this maintenance window the system will not be available. We apologise for any inconvenience caused.


Borrower case study – AFP Medical

ThinCats loan pushes AFP Medical from Borrower to Investor Providing the right equipment to help patients across the world receive precise doses of medicines for conditions like asthma, bronchitis, cystic fibrosis and chest infections is no mean feat – but Rugby based company, AFP Medical does just that.  A family run business since 1978, AFP …