Robust functions using the best of technology and data to scale.


  • ESF and ThinCats operate from two locations – London and the Midlands – covering the core functions of credit analytics and underwriting, loan origination, fund management, loan monitoring and recoveries, loan and asset management operations, technology, finance and compliance.
  • Loan origination is driven by a professional team working alongside an in-house credit team to ensure speedy decisions to satisfy borrower needs in a transparent and efficient manner. ESF’s proprietary credit scoring tool assists the process providing an initial credit filtering and loan pricing tool.
  • All activities are supported by a robust operational infrastructure to service and monitor loans, undertake recoveries and report to investors.
  • This is powered by a proprietary technology platform allowing the business to scale over time.

    ThinCats is Europe’s largest P2P secured lender for SMEs. It was one of the pioneers in P2P business lending in the UK, having been established in 2011. ESF Capital took out a majority stake in the business in December 2015.