ThinCats has undertaken to provide Insight Investment with £300m ($392m) of funding, taking the SME lender's potential lending pool to £600m. Insight Investment, which uses data analytics to simplify lending, said it has responded to the market by providing companies with an alternative to bank lending. It offers loans of between £100,000 and £10m.
Insight Investment has undertaken to provide ThinCats with £300m ($392m) of funding, taking the SME lender's potential lending pool to £600m. ThinCats, which uses data analytics to simplify lending, said it has responded to the market by providing companies with an alternative to bank lending. It offers loans of between £100,000 and £10m.