Fintech lender breaks through £500m mark
ThinCats, the fintech lender, says it broken through the £500m lending mark.
ThinCats says it has lent over £200m in the last 12 months, mainly to growing medium-sized businesses.
The firm has revaled it plans to continue scaling up from its regional base in Ashby De-La-Zouch to open offices in London, Birmingham and Sheffield.
John Mould, chief executive, ThinCats: “This is an important milestone for ThinCats, and one that we will continue to build upon. I’m very proud of our team and all that we have accomplished so far.
“By continuing to seek opportunities to plug the funding gap and compete with the banks, we will give growing SMEs the funding they deserve. It’s great to see that UK SMEs are continuing to invest in their futures despite Brexit uncertainty. I look forward to celebrating our next milestone.”
