Records £191m of loans in first half of 2023
IN BRIEF:
ThinCats provides alternative finance for SMEs
This is 45% higher than the £132m of loans over the same period last year
ThinCats has lent more than £1.4bn and its assets under management stand more than £750m
What does this mean?
“Despite the economic backdrop of lingering high inflation and rising interest rates, we are seeing healthy demand for funding from mid-sized businesses to support organic growth and via acquisitions alongside a slowdown from mainstream bank lending” said Amany Attia, CEO, ThinCats.
