Kevin has managed early stage venture capital funds for over 30 years, making several hundred investments alongside business angel investors. In November 2009, during discussions with a group of private co-investors about the problems caused by the 'credit crunch,' he identified the need for a way to bypass banks and make secured loans directly to businesses. The result was the p2p lending platform ThinCats.com operating as an investment club for serious investors and seeking to provide a new type of low risk, non-volatile asset class whilst providing much needed loan funding for businesses. ThinCats uses traditional 'relationship banking' techniques together with sophisticated credit scoring to make secured loans in the £100k to £5m range. Kevin describes ThinCats as behaving like the banks should. In November 2015, ESF Capital acquired a majority shareholding in ThinCats and the resulting investment is accelerating growth.