ThinCats expands management team with experienced senior director

Leading alternative finance provider to mid-sized SMEs, ThinCats, has announced the strategic hire of Peter Talbot for the new role of head of transaction management.

Talbot has over 20 years’ senior banking experience most recently at NatWest, including a demonstrable commercial banking track record leading multi-functional teams. He has extensive complex mid-market debt finance experience leading leveraged finance and structured finance businesses and is well versed in the management of debt finance transactions from inception to completion.

The head of transaction management role has been created to oversee all aspects of the execution of funding transactions through to closing, as well as managing a team of professionals to ensure transactions are processed effectively and consistently.

Talbot states: “Joining Thincats at this time is an exciting prospect. The business is well set for the next phase of its growth and it is a fantastic opportunity to join a high-quality management team looking to bring the benefits of non-bank lending to a wider universe of mid-sized businesses. I am really looking forward to getting started.”

Mike Hackett, head of business development, ThinCats: “This is an exceptional time for ThinCats, with our recently announced £160m investment from Wafra Capital Partners alongside senior bank and institutional funding allowing us to support a further £2bn in new lending to the marketplace. Peter’s addition to the team brings a huge amount of relevant experience and knowledge of the market, enabling us to continue to support many more mid-sized SMEs in a truly effective way. He is further evidence of attracting quality people to the ThinCats family.”