ThinCats appoints Director of Corporate Development
Alternative finance provider to mid-sized SMEs, ThinCats, has announced the hire of Talal Malghani for the role of Director of Corporate Development.
Talal joins from the NatWest Markets FIG Advisory Team, where he spent three years covering the UK and European Specialist Lending Sector. As part of his role, a particular area of focus was asset level capital raising for the UK SME sector to fund term loans and bridging products. More than £500m of capital was raised in the last year.
The Director of Corporate Development role will involve ensuring stable and diverse funding sources including public market securitisation, forward flows, and private financing for existing as well as new potential products.
Talal Malghani stated: “ThinCats has a distinct proposition in the UK mid-sized SME sector that is enabled by an unbeatable combination of market leading analytics, strong origination and robust underwriting capabilities demonstrable by an excellent track record. Such capabilities supplemented by a particularly impressive management team positions ThinCats well for a significant growth trajectory”
Ravi Anand, MD, ThinCats, said: “Following our recent announcement of the investment from Wafra Capital Partners which will enable us to lend a further £2bn, we are keen to keep up the momentum and continue to drive forward in the provision of funding to mid-sized businesses across the UK. Talal’s appointment will be key in supporting this effort.”