ThinCats has appointed banking veteran Peter Talbot for the new role of head of transaction management.
Talbot (pictured) has over 20 years’ senior banking experience, most recently at NatWest, including a commercial banking track record leading multi-functional teams.
He has extensive complex mid-market debt finance experience leading leveraged finance and structured finance businesses and is well versed in the management of debt finance transactions from inception to completion.
The alternative business lender, which exited the retail peer-to-peer investment market in 2019, said that the head of transaction management role has been created to oversee all aspects of the execution of funding transactions through to closing, The role will also involve managing a team of professionals to ensure transactions are processed effectively and consistently.
“Joining ThinCats at this time is an exciting prospect,” said Talbot.
“The business is well set for the next phase of its growth and it is a fantastic opportunity to join a high-quality management team looking to bring the benefits of non-bank lending to a wider universe of mid-sized businesses. I am really looking forward to getting started.”
“This is an exceptional time for ThinCats, with our recently announced £160m investment from Wafra Capital Partners alongside senior bank and institutional funding allowing us to support a further £2bn in new lending to the marketplace,” said Mike Hackett, head of business development at ThinCats.
“Peter’s addition to the team brings a huge amount of relevant experience and knowledge of the market, enabling us to continue to support many more mid-sized small- and medium-sized enterprise in a truly effective way. He is further evidence of attracting quality people to the ThinCats family.”