The fintech lender has built on its record year in 2018 by lending over £200m in the last 12 months.
It has focused on lending to medium-sized trading businesses, which it claims are overlooked in the SME lending space.
John Mould, CEO at ThinCats (pictured above): “This is an important milestone for ThinCats, and one that we will continue to build upon.
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“I’m very proud of our team and all that we have accomplished so far.
“By continuing to seek opportunities to plug the funding gap and compete with the banks, we will give growing SMEs the funding they deserve.
“It’s great to see that UK SMEs are continuing to invest in their futures despite Brexit uncertainty.
“I look forward to celebrating our next milestone.”
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