# £12m funding record sets ThinCats up for growth in 2018
Author:  Pal Sinha, Barnali 
Author URL: https://financedigest.com/author/pal-sinha-barnali
Published: 2018-01-13
Category: NEWS
Category URL: https://financedigest.com/category/news
Meta Title: ThinCats Achieves Record Growth in 2017 with Full FCA Regulation
Meta Description: Discover how ThinCats broke records, achieved FCA regulation, trebled teams, and funded SMEs in UK manufacturing. Explore the new corporate identity and
URL: https://financedigest.com/12m-funding-record-sets-thincats-up-for-growth-in-2018html

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ThinCats, the alternative finance specialist, is set to achieve new levels of growth over the next 12 months after celebrating a stellar 2017, which saw it break records, achieve full FCA regulation, treble the Monitoring, Securities and Origination teams, and undergo a full rebranding programme.

The culmination of a year’s hard work delivered a record month in December, with a just over £12m of funding listed on the ThinCats platform, which followed the biggest-ever ThinCats-listed loan of £6.7m to the Chelsea Yacht & Boat Company at the end of September.

This was all delivered after a phenomenal year of development and growth – demonstrated by a three-fold increase in the Origination team, now covering the length and breadth of the UK, and a significant increase in internal credit, securities and monitoring, improving deal flow and execution.

Further milestones in 2017 included the conclusion of a £200m [funding programme for UK SMEs,alongside institutional investors](https://www.financedigest.com/credit-suisse-to-repay-further-750-million-to-greensill-linked-fund-investors.html "Credit Suisse to repay further 0 million to Greensill-linked fund investors") including Waterfall Asset Management, and made £100m available to manufacturing businesses across the UK, in association with Hennik Edge, a networked advisory team for companies operating in the sector.

Damon Walford, CDO at ThinCats, said: “With considerable [funding](https://www.financedigest.com/eu-considers-more-funds-for-eastern-states-in-bid-for-deal-on-russia-oil-ban.html "EU considers more funds for eastern states in bid for deal on Russia oil ban") to deploy, ThinCats Origination has blossomed into a full team of experienced, finance-smart experts. This has brought about a number of new, key partnerships with brokers and introducers across many regions, introducing a great variety of [opportunities and avenues for SMEs to access the funding necessary to grow](https://www.financedigest.com/global-animal-pregnancy-test-kits-market-2021-swot-analysis-drivers-restraints-growing-opportunities-latest-trends-applications-and-forecast-to-2028.html "Global Animal Pregnancy Test Kits Market 2021 SWOT Analysis, Drivers, Restraints, Growing Opportunities, Latest Trends, Applications And Forecast To 2028") and develop.

Reaching these latest milestones in the final quarter of 2017, ThinCats also undertook a total rebrand in December last year reflecting the evolution of the business.  ThinCats has a brand new [corporate identity and website](https://www.financedigest.com/verasity-completes-major-corporate-rebrand-and-releases-new-website.html "Verasity Completes Major Corporate Rebrand and Releases New Website"), as well as a completely new look and focus to echo and enhance the developments within the company.

Damon added: “It has been quite a year, and we go into 2018 with a very full pipeline, new partners, relationships developing throughout the UK, and high [hopes for another successful](https://www.financedigest.com/world-stocks-climb-on-hopes-of-successful-debt-ceiling-outcome.html "World stocks climb on hopes of successful debt ceiling outcome") year for all.

[www.thincats.com](http://www.thincats.com)


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