THINCATS has appointed David Parr as its new director for regional business development in the North West of England, as the business lender forges ahead with its expansion plans.
Parr was previously director of specialist finance at Barclays, where he supported management teams at various stages of their journey, including venture debt, growth capital, private equity and M&A finance. Prior to this, he worked at Lloyds Banking Group and Santander.
His role follows the appointment of Amany Attia as chief executive of ThinCats, taking over from John Mould who had been in the position for four years. Attia will oversee the next phase of expansion for the peer-to-peer business lender, which will include the launch of new products, the development of new technology and growth in its lending capital.
“I am excited to be joining such a pioneering fintech at such an interesting time for the small- and medium-sized enterprise (SME) lending industry,” said Parr. “Now, more than ever, it’s important that SMEs are given the opportunity to find funding from dynamic and sustainable partners that fully understand their business goals.
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“ThinCats’ network of regional business development directors is crucial to its in-depth understanding of SMEs and enables its success as a long-term funding partner.”
Parr will be responsible for supporting the North West region, where he will work alongside the advisory community helping to deliver funding solutions for growing businesses.
“We are delighted to have David joining the ThinCats team as he brings a wealth of experience supporting the UK’s growing SMEs across a range of sectors,” said Damon Walford, chief development officer at ThinCats.
“David will be working closely with local advisers in the North West to deliver bespoke funding solutions for medium sized regional SMEs who are the backbone of our economy.”