ThinCats appoints origination manager to cover Midlands

Rav Bagri (pictured above) has joined ThinCats as origination manager for the Midlands as the lender gears up for its next period of growth.

This appointment followed the lender’s announcement of a £200m funding programme in conjunction with its parent company ESF Capital.

Rav has almost 30 years of experience in retail and commercial banking and until recently served as the head of commercial banking at Unity Trust Bank.

He has also spent time at Santander Corporate and Commercial as business development director, as well as 25 years at senior management level with Nationwide Building Society.

Rav said: “I'm happy to join a skilled and successful team at ThinCats.

“The company has a truly innovative way of deploying institutional capital, and the new £200m fund shows confidence in the business and displays its longevity.

“I can't wait to get started and talk to growing businesses who are looking for funding to expand."

Damon Walford, chief development officer at ThinCats, added: “Rav's vast experience gives him an impressive inner knowledge of working with SMEs, the challenges that they face and how to successfully support their growth aspirations.
 
"He is planning to build on this experience to develop rewarding relationships with SMEs, brokers and intermediaries across the Midlands, and we're delighted to have him on board as ThinCats enters its next phase of growth."