Tin Roof Media Limited has received £2.5m in refinance and working capital from alternative finance provider for mid-sized SMEs, ThinCats.
The London and Chepstow based media company operates in the TV programming sector under the brands Blink Films and Outline Productions, working with major broadcasters such as the BBC and ITV.
The company is backed by private equity firm Rockpool, who approached ThinCats for funding to streamline the business’s finances, as well as to further develop their offering to respond to growing demand in the market.
Rod Henwood, Tin Roof Media said: “Notwithstanding the challenges of 2020, we are proud to have traded profitably and are very much looking forward to returning to normal levels of business in 2021. We have a fantastic order book and development slate which gives us great confidence going forward. Thanks to ThinCats and Rockpool for supporting us throughout.”
Will Beckett, Rockpool Investments: “Tin Roof Media have performed well amidst the challenging conditions of 2020 and have continued to deliver successful titles adding to the already impressive back catalogue. We were extremely pleased with how ThinCats approached the refinancing and look forward to working with them as Tin Roof Media continues to grow.”
Stuart Thompson, Director, Regional Business Development, ThinCats: “Tin Roof Media have an impressive back catalogue of globally recognised titles, and we are very pleased to be able to support them and enable them to look towards an extremely exciting future with a whole host of programming possibilities. It has been a pleasure to work with both companies, and we look forward to seeing the new productions in the future.”