Insight Investment has undertaken to provide ThinCats with £between £100,000 and £10mm ($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 300.
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.