On the move: the latest East Midlands hires
ThinCats, the leading alternative lender to mid-sized SMEs, has announced the appointment of Chris Pacey to head of Agile Capital lending.
Pacey has more than 20 years of experience with deep technical knowledge of receivables and ABL products.
Before joining ThinCats, Pacey was head of relationship management at ABN AMRO Commercial Finance.
He 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 has been created to provide greater flexibility and further empower mid-sized businesses in their growth aspirations with financing from £3m to £15m, without the operational intrusion of cash management of working capital assets.
The new product addresses a critical gap in many SME financing options, by combining the principles of leverage and asset-based lending to create a flexible one-stop-shop solution for borrowers’ long-term and shorter-term working capital funding requirements.
Pacey said: “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 the management of a borrower’s operational cash flows.”
Nottingham-based workflow automation firm, Intoware, has appointed John Higgs as the newest member of its board of directors.
With a career spanning over four decades in the technology sector, Higgs brings a wealth of experience to the role of non-executive director (NED), with his professional journey including roles in sales and marketing at renowned technology corporations such as Cisco, Riverbed, and Realwear.
He said: “I am very pleased to join the dynamic team at Intoware. The company’s impressive growth trajectory and its impact on the workflow automation landscape are remarkable. I look forward to contributing my expertise to further propel Intoware’s strategic initiatives and expansion.”
Keith Tilley, CEO of Intoware, said: “John’s appointment is a significant milestone for us. His commitment to innovation and excellence resonates with our core values. We are eager to integrate his insights into our strategic discussions and are excited about the prospects this collaboration holds.”
Timms Solicitors have promoted Charlotte Day to head the growing wills and probate department across their offices in Derby, Burton, Ashby and Swadlincote.
Having graduated with a Law degree from the University of Chester and completing her Legal Practice Course with a London firm, Charlotte qualified as a Solicitor in 2016 and joined Timms in August 2018. She completed the firm’s bespoke Pathways programme and was promoted to Associate in 2022.
Timms managing partner Fiona Moffat said: “Charlotte has proven to be a natural leader as well as an excellent lawyer and we are delighted that she has taken on the role as Head of Wills and Probate. This is a growing team and I know that, under Charlotte’s leadership, this important aspect of our work will flourish even further.”
Day said: “Wills and Probate is a diverse and sometimes complicated area of law and I am proud to head such an excellent and empathetic team. I originally joined Timms because of their commitment to professional and personal development. Having seen the benefits of the Pathways to Associate programme, I too am keen to nurture young talent to ensure that our clients continue to receive not only sound legal advice but the support they need at what can be particularly challenging times in their lives.”