7 figure refinance package for NE insurance broker with ThinCats

ThinCats, the leading alternative lender to mid-sized businesses, has supported independent FCA approved corporate insurance broker Todd & Cue with the completion of a re-finance transaction.

Based in Gateshead, Todd & Cue specialise in the placement of insurance programmes for a wide spectrum of clients including public companies, recognised professional practices, financial institutions, private companies, partnerships and sole traders. It is one of a select number of brokers in the North East to have achieved chartered status with The Chartered Insurance Institute.

Trading for more than 40 years Todd & Cue have grown consistently, primarily through client recommendation, to become one of the UK’s leading independent insurance brokers and risk managers. The management team sought a refinance package through Williams Ali Corporate Finance, NE based Corporate Finance advisers, who introduced them to ThinCats.

Mark Armstrong, MD, Todd & Cue: “Both Williams Ali and ThinCats have, from the outset, sought to understand our business, plans and goals and have been hugely pro-active in developing a package which will assist us in delivering these plans over the short and medium term despite the challenging environment in which are all operating”.

Ben Kimball, director, regional business development, ThinCats: “Todd & Cue are a very well-respected member of the insurance community in the North East, and it has been a pleasure to work with the management team. We are delighted to have been able to support them with this package and I am sure that this will help them achieve their growth plans.”

Abu Ali, partner, Williams Ali Corporate Finance: “It’s been a pleasure to work with Todd & Cue and Thincats on this transaction. Mark and the Todd & Cue team continue to build upon a great business and Thincats have been able to support with a creative solution that allows the organisation to continue to grow.”