|£50m debt underwriting facility
|About the client:
|BLN (trading as ThinCats) is the UK’s leading secured business lending platform, having lent a total of £140 million to UK businesses on a secured basis, as at November 2015
|About the transaction:
|Akur acted as ThinCats’ exclusive financial adviser to secure a major underwriting facility to enable higher frequency and larger loans across ThinCats platform. Following an extensive process, ESO Capital was chosen as lead underwriter on the ThinCats platform, driving significant ramp-up in the scale of the business.