Adviser FAQs
How do I introduce clients to ThinCats?
If you are interested in using ThinCats as a funder for your clients, please contact your regional ThinCats representative.
How much capital is ThinCats looking to deploy in the UK SME market?
We have more than £700m of committed capital to lend against assets and/or cash flows to help SMEs in the UK drive further growth and expansion.
What level of funding will ThinCats provide to an SME client?
Our loans start from £1m and go up to £15m.
What is the typical term for a ThinCats facility?
The terms of our loans range from 1 year to 5 years, amortising or bullet.
What types of funding do ThinCats provide?
Some businesses are seeking to refinance or restructure their existing facilities, building additional financial headroom to take advantage of new opportunities for growth. Others require capital to fund the purchase consideration and ongoing working capital for an acquisition, management buy out or buy in.
What security does ThinCats require?
As a secured lending platform, we look for a first ranking debenture over the borrower and where appropriate, a fixed charge over property and/or fixed assets.
Do you require personal guarantees?
Any additional guarantees to support the borrower are considered on a case by case basis.
What information requirements does the client need to provide?
- 2 years historic, 1 years forecast profit & loss and balance sheet
- Historic and forecast cash flows
- Most recent management accounts not more than 2 months old
- 3 months bank statements
- Turnover and debtor breakdown by customer
