ThinCats makes credit team appointment

Alternative finance specialist ThinCatshas made two new appointments to its credit team.

Rob Thompson to the newly-created role of regional head of credit for the North. Thompson’s role will accelerate the rate at which Thincats is able to structure and process loans, in the way that best addresses the needs of companies and investors alike.

Thompson will support Geoff O’Brien in Scotland, Maureen Armstrong in the North East and Matthew Lawrence and Mark Tunley in the Midlands, with a further new recruit to be announced to cover the North West from March.

Damon Walford, Chief Development Officer at ThinCats, said: “Business borrowers are frequently frustrated when they deal with ‘conventional’ lenders, in that the Relationship Managers they deal with appear to be like a post-box into which they drop their requirements, with the decisions being made by a far-off and faceless credit team. That isn’t the case with ThinCats; we act as a Team and ask the right questions at the outset. We make the whole process more efficient.”