Business News
Built For Business
Historically, the only option available to SMEs seeking funding was the bank. However, regulation has put the banks under immense pressure to maintain higher capital ratios and to de-risk their balance sheets. As a result, more and more SMEs are falling short of their restrictive lending, and regrettably, many are falling through the funding gap – businesses referred to in the media as the ‘deserving underserved’.
Today’s entrepreneurial businesses want the freedom to be able to seize opportunities, to realise their potential, maximise productivity, grow revenues and expand into new areas. This is where Alternative Finance (alt-fi) has emerged to take on the challenges and aspirations of SMEs without the constraints imposed by the banks.
More agile than their predecessors and more efficient, alt-fi lenders are innovating continuously to gain market share. This has led to a blossoming in different niches for specialist alternative finance providers; some have focused on particular industry types or regions, while others have differentiated themselves based on size and types of loan. Some, such as ThinCats, have focused on providing vital funding for dynamic SMEs across the board; one of the very few true alternatives to the banks.
By Damon Walford CEO, ThinCats
But there remains some scepticism – there is a certain amount of lumping all alternative funding providers in the same pot. However, ThinCats is demonstrably different. Recently authorised by the FCA, and with serious institutional backing from a number of respected sources, the company has proven success in funding ambitious SMEs across industries and sectors, and throughout the whole of the UK.
ThinCats is built for business; a flexible alternative finance provider dedicated to funding growing and ambitious SMEs, across the south west and throughout the UK, up to £5m. They are institutionally backed but are anything but fat cats. Liberated from ivory tower thinking, inefficiency and high overheads, ThinCats provides a focused, responsive and accountable service for SMEs seeking to grow.
Skilled, savvy and successful, the team has a proven track record, with over £250m of SME funding delivered since 2011. ThinCats is now looking to finance a further £200m against assets and/or cashflows with a clear mandate to provide the vital working capital to help SMEs drive further growth and scale up. To achieve this, they have harnessed cutting edge technology and big data to create an award-winning data modelling system designed to track down those SMEs with good prospects, a near future need for finance, and most vitally, those that are being overlooked by the banking industry.
More and more SME businesses are now looking at finance, not as a necessary evil, but as a tool to give a competitive edge. It has never been easier to make the switch to supportive finance to drive your success. It’s time to have confidence in the true alternative.
ThinCats is a trading name of Business Loan Network Limited (BLN) registered in England & Wales No. 07248014, authorised and regulated by the Financial Conduct Authority. BLN is not covered by the Financial Services Compensation Scheme. Capital is at risk.
01530 444040
www.thincats.com
February 2018 CHAMBERLINK9
Page 1 |
Page 2 |
Page 3 |
Page 4 |
Page 5 |
Page 6 |
Page 7 |
Page 8 |
Page 9 |
Page 10 |
Page 11 |
Page 12 |
Page 13 |
Page 14 |
Page 15 |
Page 16 |
Page 17 |
Page 18 |
Page 19 |
Page 20 |
Page 21 |
Page 22 |
Page 23 |
Page 24 |
Page 25 |
Page 26 |
Page 27 |
Page 28 |
Page 29 |
Page 30 |
Page 31 |
Page 32 |
Page 33 |
Page 34 |
Page 35 |
Page 36 |
Page 37 |
Page 38 |
Page 39 |
Page 40 |
Page 41 |
Page 42 |
Page 43 |
Page 44 |
Page 45 |
Page 46 |
Page 47 |
Page 48 |
Page 49 |
Page 50 |
Page 51 |
Page 52 |
Page 53 |
Page 54 |
Page 55 |
Page 56 |
Page 57 |
Page 58 |
Page 59 |
Page 60 |
Page 61 |
Page 62 |
Page 63 |
Page 64 |
Page 65 |
Page 66 |
Page 67 |
Page 68 |
Page 69 |
Page 70 |
Page 71 |
Page 72 |
Page 73 |
Page 74 |
Page 75 |
Page 76
