What was the deal?
Refinancing of TK Components Group Limited by TC Loans Limited (ThinCats) to accelerate the company’s growth plans.
About the company
TK Components
Founded in 1989, Denton-based TKC is a leading, multi-channel B2B kitchen distributor, offering a wide range of classic, traditional, and contemporary components and complete kitchen solutions to independent kitchen retailers, trade merchants, and key retail partners.
ThinCats
ThinCats is an alternative finance provider who support mid-sized SMEs from all sectors across the UK with funding for growth, acquisitions, refinancing and restructuring.
About the deal
ThinCats provided a refinanced debt package to TKC to replace existing debt facilities within the business and provide funding for acquisitions going forward.
Sector
Kitchen components
Cowgills services provided
Financial due diligence
