Due to the adverse road conditions, the ThinCats office will be closing at 3:30pm (GMT) today. Because of this there may be a slight delay in email response times. Any calls to the office will be picked up tomorrow morning, when we will be open as normal. We apologise for any inconvenience this may cause.


ThinCats Newsletter December 2017

  Articles Loan origination boosted with five hires IFISA Progress Lender fee to be introduced for new investors ThinCats’ largest loan sets sail Rewarding sustainable manufacturing   Loan origination boosted with five hires In order to qualitatively increase the number and variety of loans we offer on the platform, ThinCats has significantly increased the size …


System Maintenance: Thursday 30th November

The ThinCats system is scheduled for maintenance between 7pm (GMT) and 11pm (GMT) on Thursday 30th November. The purpose of this maintenance release is to introduce the following enhancement: The date displayed within lenders’ cash accounts will now correctly reflect the date funds are credited to the cash account, rather than the date on which …


System Maintenance: Sunday 26th November

The ThinCats system is scheduled for maintenance between 8am (GMT) on Sunday 26/11/2017 and 2am (GMT) on Monday 27/11/2017. 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.


The ThinCats system was scheduled for routine maintenance between 19:00 (BST) and Midnight (BST) on Tuesday 3rd of October. Unfortunately, we need to reschedule and will re-communicate a new date and time within the next 10 days. We apologise for any inconvenience caused.


Institutional funding programme launched today

ESF/ThinCats announces £200 million funding programme to support lending to UK SMEs   ESF Capital, together with its operating subsidiary, ThinCats, has concluded a funding programme for loans of up to £5m for growing UK small- and medium-sized enterprises (SMEs). This £200 million funding programme comprises £30 million already committed by ESO Capital, £70 million …


ThinCats Newsletter October 2017

  Articles Institutional funding programme launched today Matters of risk Keeping the shine on a vintage local business   Matters of risk Investors in fixed-income assets – such as listed bonds and alternative lending to SMEs – need to be aware of a number of risks. Some are very general, pertaining to the broad economy, …


Keeping the shine on a vintage local business

W. Bruford is a chain of retail jewellery shops operating on the south coast, which was looking to refinance after their long-term bank changed their lending criteria. Business owner Ashley Pugh joined as general manager in 2001 and then led an MBO in 2003. He expanded the business to two shops in 2009 and added the …


System Maintenance: Tuesday 3rd October

The ThinCats system is scheduled for routine maintenance between 19:00 (BST) and Midnight (BST) on Tuesday 3rd of October. During this maintenance window the system will not be available. We apologise for any inconvenience caused.


New Terms & Conditions

There have been a number of developments at ThinCats recently, such as our full authorisation by the FCA, and improved arrangements for back up service provision to protect our investors, which impact our Terms and Conditions; we have therefore updated and reissued them to investors today. We are also introducing provisions to facilitate institutional lending …


Sort code change

The sort code for the BLN Client Money Account, into which your deposits are made, is changing to 20-07-89 with immediate effect – please update the details for your next fund transfer. This is a necessary step, required by the Banking Reform Act, to successfully implement the ring-fencing rules before the compulsory deadline in 2019.  …


ThinCats Newsletter August 2017

  Articles Capital erosion: dangerous descents Looking out for the UK’s overlooked SMEs If you want to avoid breaking your IT systems, break your IT systems   Capital erosion: dangerous descents It’s possible that Edmund Hilary and Tenzing Norgay weren’t the first people to make it to the top of Everest. When George Mallory’s body …


ThinCats receives full FCA authorisation

ThinCats is thrilled to announce that the company has been granted full authorisation by the Financial Conduct Authority. The approval highlights the company’s commitment to protecting consumers and developing the alternative finance industry as a vital source of capital for businesses, and income for investors. Authorisation paves the way to offering a full spectrum of …


Capital erosion: dangerous descents

It’s possible that Edmund Hilary and Tenzing Norgay weren’t the first people to make it to the top of Everest. When George Mallory’s body was discovered on the slopes of the mountain 75 years after he disappeared in 1924, it was apparent he was descending, having been last seen 800 vertical feet from the summit, …


Please be advised that there may be a delay in processing withdrawals and deposits on Tuesday 8th August. This is due to planned maintenance by our banking partner that may result in the ThinCats client money portal being inaccessible for a period of time. Withdrawal requests received after 12 noon on Monday 7th August may …


ThinCats Newsletter July 2017

  Articles Pension planning: Interest-bearing assets P2P may be the most strong and stable thing out there after the election Back to the future with the high-tech age of steam Introducing the introducers   Pension planning: Interest-bearing assets There used to be a rule of thumb in pension planning, that the percentage of bonds or …


Pension planning: Interest-bearing assets

There used to be a rule of thumb in pension planning, that the percentage of bonds or other income-bearing securities, in one’s pension portfolio should equal one’s age. Things are somewhat more complicated and that, hopefully, has been replaced by more grounded and detailed analyses. It remains true, however, that income-bearing assets are the keystone …



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 …


Unpacking retirement planning and P2P

P2P investments can play a vital role in retirement planning. Over the coming months, we will be taking a look at key issues around P2P loans and retirement planning. Challenges for retirement planning include: Finding income-bearing securities that produce a sufficient yield in a low interest environment, Generating sufficient income from your portfolio without eroding …


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 …