ThinCats agrees funding deal with London pub company Antic
Antic London, a pub company known to many of London’s pub goers as a rather quirky alternative to the mainstream players, has been supported with a CBILS funding package through ThinCats, leading alternative finance provider to mid-sized SMEs.
Established by Anthony Thomas in 1999, Antic operates numerous pubs across London, traditionally identifying areas being rejuvenated, and searching out architecturally interesting and well-positioned premises that frequently become landmark locals for the communities that it serves. If it’s a broad church of a hostelry with more than a hint of the odd, the shabby, and the chic, it is probably part of this under-the-radar collective.
ThinCats, advised by Freeths and Wright Hassall, was approached to support a funding package to cover capex, property acquisition and working capital.
Anthony Thomas notes “ThinCats have been enormously supportive and share our view that out of the current gloom, we shall see the sunny uplands of the hospitable endeavour that our Communities so desperately miss, and with it, we may all enjoy our very own roaring 20’s”
Dave Sherrington, regional head of sales, London, ThinCats said “2020 brought many challenges to the hospitality sector, and Antic, like many others, has had to be nimble and reactive in order to withstand the changing restrictions. The business flourished despite the restrictions imposed in the summer and the Antic teams have matched the remarkable level of resilience and adaptation shown by many; we can’t wait to see them deliver once more as the current restrictions ease.”
