ThinCats plots push into healthcare lending with new hire and fund

The lender has been moving more and more towards larger loans, backed by institutional investors, in recent years.

Mid-market SME lender ThinCats has appointed Richard Henshaw to focus on a push into lending across the healthcare sector.

Henshaw will look to raise ThinCats’ profile acrosss the health sector and lead the launch of a new healthcare fund. This will focus on providing lending options to residential, nursing and dementia care homes as well as specialist care homes. 

He has more than twenty years of experience across financial services and healthcare, including 13 years with RBS and AIB, and eight years with healthcare specialist brokers, Chandler & Co. Additionally, Richard has six years’ direct experience as a care home owner. He will work closely with Head of Sales, Mike Hackett and Director, Regional Business Development, Kevin Steven.

“This is a fantastic opportunity for a sector of the economy that desperately needs funding options. As someone with experience from both sides, I’m keen to support good operators in the sector who are looking to grow, but are being badly let down by traditional funding options," he said.