The finance will enable the equipment-based sports marketing agency, which specialises in motor sport entertainment, to invest in infrastructure and break into the wider market.
Over the past 10 years, TEH has developed a comprehensive relationship with Formula 1.
Kevin Steven, director of business development in South Yorkshire at ThinCats, said: “In every business, investment and growth go hand-in-hand.
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“But with the banks’ ability to lend severely restricted, we are still seeing a distinct funding and productivity gap between the UK and the rest of Europe.
“Alternative finance is well placed to plug this gap and provide key growth funding to ambitious businesses.”
Dave House, director at TEH (pictured above, right), added: “ThinCats worked quickly to make the funds available, which has allowed us to grow our contract with F1 in addition to taking advantage of new opportunities.”
Also pictured: Adrian Tingle, director at TEH