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Peer2Peer Finance News | January 19, 2018

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Getting down to business

January 15, 2018 |

Business lending is now the largest segment of peer-to-peer finance in the UK, but fierce competition for good-quality borrowers means the platforms have their work cut out. Peer2Peer Finance News delves into the industry’s plans to stay ahead of the … Read More

ThinCats hits monthly lending high of £12m

January 10, 2018 |

THINCATS, the peer-to-peer business lender, achieved a record lending level in December with just over £12m of funding listed on its platform.

This followed its biggest-ever loan of £6.7m to the Chelsea Yacht & Boat Company at the end of … Read More

The biggest P2P funding deals of 2017

December 19, 2017 |

INSTITUTIONS have become an important source of finance in the peer-to-peer sector and interest from organisations such as state-backed banks and asset managers has grown during 2017.

The latest Cambridge Centre for Alternative Finance (CCAF) report on the industry found … Read More

ThinCats revamps website and logo

December 15, 2017 |

THINCATS is the latest peer-to-peer lender to revamp its website and logo, after a period of investment into the business.

The Midlands-based firm, which originates small business loans, has changed its logo from the word ThinCats to a simple ‘T’, … Read More

ThinCats offers £100m funding for manufacturing firms

December 12, 2017 |

THINCATS, the peer-to-peer business lender, is making £100m available to fund and support manufacturing businesses across the UK.

In partnership with Hennik Edge, a networked advisory team for manufacturers, ThinCats will use its network of origination managers to support companies … Read More

ThinCats pushes back IFISA launch and introduces first investor fee

December 1, 2017 |

THINCATS has pushed back the launch of its Innovative Finance ISA (IFISA) and is introducing an investor fee for the first time.

The peer-to-peer business lender previously told Peer2Peer Finance News that it planned to launch its IFISA by the … Read More

ThinCats hires East Midlands funding expert to scale up business

November 16, 2017 |

THINCATS has hired small- and medium-sized enterprise (SME) finance veteran Mark Tunley (pictured) as origination manager for the East Midlands, to support its next stage of growth.

The peer-to-peer business lender said on Thursday that Tunley joins the firm after … Read More

ThinCats targets south west SMEs with new origination manager

November 13, 2017 |

THINCATS is looking to bolster support for small- and medium-sized enterprises (SMEs) in the south west of England with the appointment of a new origination manager for the region.

Alison Whistance (pictured) has joined the SME loans platform from RBS … Read More

P2PFA reports over £700m of new lending in third quarter

October 23, 2017 |

THE PEER-TO-PEER Finance Association (P2PFA) has reported that new lending among its members equated to more than £700m in the third quarter of 2017, despite losing ‘big three’ platform RateSetter during the period.

The self-regulated trade body said on Monday … Read More

ThinCats makes senior hire to boost loan origination in the Midlands

October 20, 2017 |

THINCATS has unveiled its first senior hire since announcing a £200m funding programme to scale up its business lending.

The peer-to-peer finance platform, which is majority-owned by institutional fund manager ESF Capital, said on Friday that Rav Bagri will join … Read More