Insight Investment has pledged to provide ThinCats with £ 300 m ( $ 800 m ) of loans , taking the SME lender 's potential loan pool to £ 600 m . ThinCats , which uses data analytics to simplify lending , claims it has responded to the crisis by providing companies with an alternative to bank lending . It offers loans of between £ 100,000 and £ 10 million .
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.