ThinCats, the alternative finance lending specialist, has made a senior hire.
Rav Bagri joins ThinCats as Origination Manager to cover the Midlands.
The company said it was gearing up for its next period of growth and recently announced a £200m funding programme in conjunction with its parent company ESF Capital.
Bagri was most recently as Head of Commercial Banking at Unity Trust Bank. Has also spent time at Santander Corporate and Commercial as Business Development Director, and 25 years at senior management level with Nationwide Building Society.
He said: “I’m happy to join a skilled and successful team at ThinCats. The company has a truly innovative way of deploying institutional capital, and the new £200m fund shows confidence in the business and displays its longevity. I can’t wait to get started and talk to growing businesses who are looking for funding to expand.”
CDO at ThinCats Damon Walford added: “Rav’s vast experience give him an impressive inner knowledge of working with SMEs; the challenges that they face and how to successfully support their growth aspirations.
“He is planning to build on this experience to develop rewarding relationships with SMEs, brokers and intermediaries across the Midlands, and we’re delighted to have him on board as ThinCats enters its next phase of growth.”
