British Business Bank programme: Investment Programme and our other commercial investments

ThinCats is an established fintech lender dedicated to funding UK SMEs with business loans up to £15m using pioneering data, personal relationships and a pragmatic lending process enabled through proprietary technology.

In February 2019, ThinCats announced a £20m funding commitment from British Business Investments, a commercial subsidiary of British Business Bank. British Business Investments is making the new commitment under its Investment Programme, which supports the development of more diverse debt finance markets for small and medium sized businesses. The commitment will provide ThinCats with additional capital to make term loans which will support the growth of businesses across the UK.

ThinCats now has capital in excess of £700 million for the funding of UK smaller businesses, across the full risk spectrum and in all regions and sectors, from £1 million to £15 million. It aims to simplify the traditional bank-dominated commercial lending model by connecting smaller businesses directly with institutional investors.

ThinCats’ proprietary risk model is based on 25 years of SME data and establishes the credit worthiness of a borrower combined with the security available under the loan to establish potential recovery values. The model provides a guide to ThinCats’ credit appetite and determines loan pricing from 5% upwards.

ThinCats is the trading name of a group of companies owned by ESF Capital Limited.


Find out more about ThinCats