Funding is a key part of unlocking potential within an employee owned business. Lenders and investors have a key role to play both in financing the transition to employee ownership and investing in future growth.
However, many employee ownership businesses have struggled to raise finance because of financial institutions’ lack of awareness or understanding about the sector and its characteristics.
In this panel discussion and Q&A you will learn:
We’ll be joined by:
ThinCats focus on serving mid-sized businesses because they have funding needs that can be too complex for online only lenders or are too small, with insufficient assets, to fit the traditional lending models operated by the banks. There are around 400,000 mid-sized SMEs accounting for more than 25% of UK GDP, however, as they often struggle to access the finance they need, ThinCats exists to fill this gap.
By combining the latest in data analytics with traditional lending skills ThinCats provides funding from £1m up to £15m for businesses looking to grow organically and/or through acquisition.
Although ThinCats offers asset backed loans, cashflow lending accounts for approximately 75% of new funding and is particularly suited to high growth businesses.
ThinCats is a supporter member of the EOA having helped fund numerous businesses across the UK transition to EOT status through the creation of bespoke funding solutions.
About Capital for Colleagues
Capital for Colleagues specialise in advising, investing in and supporting the growth of existing or aspiring employee owned businesses. Following thorough investment analysis, Capital for Colleagues may undertake equity and debt investments in such companies, using our own patient capital.
Peter has over thirty years’ experience of working with consulting and advisory businesses, investment management businesses and professional service companies.
He has worked with Employee Owned Businesses in the UK, Ireland and the United States for over twenty years. He has advised many SME companies on all aspects of the transition to becoming employee owned, and typically works with the board to support their growth thereafter.