ThinCats – reviews, analysis and fees

Last updated on 10 August 2023

ThinCats is a specialist business broker that targets established, slightly larger SMEs, offering loans between £1,000,000 and £15,000,000. These funds are provided by third-party investors, with this broker acting as an intermediary.

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As you can imagine with such a substantial minimum loan sum, smaller businesses will have little use for the services provided by ThinCats, but if you have been trading for at least two years and can meet the repayments required for such a large loan, you may find the terms provided by this broker superior to a more traditional high street lender.

Video: Business loans and finance explained

ThinCats business loans and finance

Pros and cons of ThinCats for business finance 

Borrow up to £15,000,000 Minimum loan of £1,000,000 – not a lender for a small businesses look for a cash flow injection
Flexible repayment terms for businesses that qualify Must have been trading for at least two years
Pretty good online reviews All borrowing must be secured
Broker fees and set up fees will apply
ThinCats pros and cons

Business loans

ThinCats offers substantial lending to qualifying, medium-sized businesses looking for a seven- or eight-figure cash injection. These loans will need to be secured against an asset (maximum loan to value ratio 75%) and can be repaid from anywhere between one and five years. 

This broker describes itself as “sector agnostic,” so this lender will work with any business with the sufficient turnover to keep up with repayments. Common reasons for an SME to approach ThinCats for funding include acquisitions and expansion, the formation of an Employee Ownership Trust (EOT,) or simply seeking four times your businesses gross annual turnover.

An outside investor will provide the funding if you take out a loan. You will be liable to pay a broker fee, as well as other expenses related to setting up this borrowing.

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ThinCats account login

Merchant cash advance

Not available. See merchant cash advance.

Asset finance 

Not available. See best asset finance

Invoice finance

Not available. See invoice factoring

Commercial mortgages

Not available. See best business credit cards.

Business credit cards

Not available. See best business credit cards

Business vehicle finance

Not available. See commercial mortgages.

ThinCats key information

Phone number01530 444040
App downloadsN/A
Number of branches4 offices in the UK
FSCS protected?No
Key information

ThinCats reviews

Review platformScoreNumber of votes
FeefoNot reviewedN/A
Reviews.ioNot reviewedN/A
Smart Money People4/51
Which?Not reviewedN/A
Average score4.2/536 total votes
ThinCats reviews and ratings

Business eligibility criteria

To qualify for borrowing from this broker, your business must have been trading for at least two years and be willing to borrow no less than £1,000,000. Minimum annual turnover is not specified, but it’s safe to assume it is pretty high given the funding numbers involved!

Business finance alternatives

This broker is only for larger businesses that need substantial sums, so consider another broker if you need a lower loan – or simply apply directly through a lender. If you are dealing with these kinds of numbers, this broker is worthy of your consideration as you may get a better interest rate than you’d be offered by a bank.

Additional considerations

ThinCats issued a total of £300,000,000 in lending in 2022, a record for this business.


How do I apply for finance from ThinCats?

ThinCats has four regional offices in the UK, so identify the closest to your business location and make contact over the phone or email. With the numbers involved in borrowing from this broker, this is not an arrangement that can be quickly arranged through an online application form.

Where in the UK is ThinCats located?

They have offices in London, Birmingham, Ashby-De-La-Zouch, and Manchester.

If I borrow from ThinCats, who supplies the money?

ThinCats does not lend to borrowers directly. Instead, the funds provided come from partner investors, who will be repaid – plus interest – as per your loan terms.

How much can I borrow from ThinCats?

The maximum loan sum available in a single application is £15,000,000.

Will ThinCats work with a business in my industry?

They will theoretically work with a business in any sector, though this lender has a particular interest in the fields of healthcare, leisure, and technology.

What interest rate will ThinCats assign to my loan?

This will be decided if and when you complete a successful lending application.

What happens if I default on a ThinCats loan repayment?

While a loan from this provider is unsecured so your property or assets will not be at risk, defaulting on repayments will damage your personal credit score as you will be liable for this borrowing as an individual, not a business. They may also initiate proceedings to recover lost revenue, such as enlisting the services of a debt repayment service.

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Reviewed by , Managing Director


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