ThinCats expands management team

ThinCats has appointed Peter Talbot (pictured above) as head of transaction management.

Peter — who will officially join the company later this summer from NatWest — has over 20 years of senior banking experience, particularly leading multi-functional teams for commercial banking.

He has extensive mid-market debt finance experience leading leveraged and structured finance businesses, and is well versed in the management of debt finance transactions from inception to completion.

In the newly created role, he will oversee all aspects of the execution of funding transactions through to closing, as well as managing a team of professionals to ensure transactions are processed effectively and consistently.

“Joining Thincats at this time is an exciting prospect,” said Peter.

“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.”

Mike Hackett, head of business development at ThinCats, added: “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. 

“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 SMEs in a truly effective way.”

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