ThinCats is expanding into the healthcare sector with a dedicated fund to lend to residential, nursing and dementia care homes.
The alternative business lending platform has appointed Richard Henshaw to lead the push as director, national development for healthcare.
His role will be to raise ThinCats’ profile in the sector and lead the launch of a new healthcare fund.
Henshaw (pictured) brings more than 20 years of financial services and healthcare experience, including 13 years with RBS and AIB, and eight years with healthcare specialist brokers, Chandler & Co.
Additionally, Henshaw has six years’ direct experience as a care home owner.
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Richard comes with more than twenty years of experience across financial services and healthcare, including 13 years with RBS and AIB, and eight years with healthcare specialist brokers, Chandler & Co. Additionally, Richard has six years’ direct experience as a care home owner.
“This is a fantastic opportunity for a sector of the economy that desperately needs funding options,” Henshaw said.
“As someone with experience from both sides, I’m keen to support good operators in the sector who are looking to grow, but are being badly let down by traditional funding options.”
He will work closely with ThinCats’ head of sales, Mike Hackett and director, regional business development, Kevin Steven.
“You would struggle to find anyone with as much knowledge and experience of the sector as Richard,” Hackett said.
“Social care is an important public policy and providing finance to care homes and other areas of the healthcare sector is a key focus for the years ahead.
“Richard adds further strength and depth to our expanding Sheffield team at a time when the banks continue to cut back on their regional presence.”