Damon Walford

ThinCats reveals £100m funding programme for PE-backed businesses

SME finance lender ThinCats has launched a new £100m funding programme to support private equity-backed UK businesses.

Damon Walford, CDO at ThinCats (pictured above), said: “Our mission is to level the playing field for British businesses whose growth ambitions are being held back by traditional lending models.”

With close to £1bn of capital to invest, ThinCats is seeing increasing demand from private equity-backed businesses.

Damon stated that the new funding programme would provide “valuable transparency” to support entrepreneurs with their growth plans.

This news follows ThinCats’ provision of a £5m funding package for restaurant chain Flat Iron in January, which was backed by consumer brands specialist Piper.

Peter Kemp-Welch, partner at Piper, added: “[ThinCats’] team really understood Flat Iron’s ambitions and built a package to support the business’s growth. 

“We welcome this news and will continue to work together to support the next generation of entrepreneurs.”

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