Alternative business lender ThinCats has appointed Adam Hutcheson and William McGovern as loan processing analysts.

Hutcheson joins from hospitality chain Mitchells & Butlers, while McGovern has been promoted from his previous role as a loan processing assistant.

“Will and Adam will be based out of our expanded offices in Birmingham, as we continue to invest in our operations to support a growing number of midsized SMEs across the UK,” ThinCats said in a company post on LinkedIn.

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ThinCats has been growing its team of late, having recently announced the appointment of Alex Rothwell as director of transaction management. He joined with almost 20 years of experience in the banking sector.

The new hires come after ThinCats announced earlier this week that it had secured £75m in funding from CPP Investments, which manages C$632bn (£358bn) of assets for the Canada Pension Plan.

The mezzanine funding line will be used to lend to UK mid-sized businesses. It forms part of the £700m private warehouse facility that ThinCats launched in September 2023, which currently has deployed £440m.

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