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About


Freedman & Partners LLP is an accredited sponsor on the ThinCats Business Loan Network. We have 30 years’ experience of business and property development loan arrangements.

Our responsibilities include:

  • Assessment of each application
  • Agreeing the loan requirements and structure
  • Preparation of the document pack to submit to lenders
  • Agreeing the loan and term with lenders
  • Monitoring the auction progress
  • Responding to lenders’ enquiries
  • Facilitating due diligence
  • Helping to complete loan documentation
  • Assisting in drawdown
  • Monitoring and reporting regularly on the loan up to repayment

 

How do they charge?


Please contact us for details

Business Loans


ThinCats provides a means for experienced private investors, companies, pension funds, to achieve interest rates well above inflation while providing funding to creditworthy businesses. The platform links individuals with funds with companies that require funding.

Once registered, ThinCats lenders deposit their money into their unique designated account. They use this account to access the Lenders Forum and to bid on auctions. The minimum bid is £1,000. There is no maximum. There are two main types of auction:

  • Fixed Rate, where the borrower offers a single fixed interest rate and the loan is filled on a first-come-first-served basis. There is no danger of early bidders being outbid by later lower bids.
  • Variable Rate is the second and more common auction type. This allows lenders to make offers to borrowers. The platform software automatically selects the lowest interest bids to make up an auction syndicate. Successful lenders will get the rate for which they asked. Occasionally there are minor variations based around the above methodology.

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