Alternative lender set to expand after FCA authorisation
Alternative lending company ThinCats has been granted full authorisaton by the Financial Conduct Authority (FCA).
Authorisation paves the way for the Ashby de la Zouch company to to expand its range of products, with a number of developments planned including the launch of a ThinCats ISA, subject to obtaining ISA manager status from HMRC.
John Mould, chief executive office at ThinCats, said: “We are delighted to have been granted FCA authorisation, proving the dedication of our team and processes. We are very happy that more and more alternative finance providers are now being authorised, as it ultimately proves that the industry deserves the trust and confidence of investors, advisors and SME borrowers alike.”
