Power EPOS secures £325k in debt finance from ThinCats to fund market expansion.
ThinCats provided the growth funding to help the hospitality software firm increase market share and competitiveness.
Power EPOS provides software solutions tailored for the hospitality sector. Based in Liverpool, the company helps businesses manage their operations.
Power EPOS has secured £325k in debt finance from ThinCats to support its ongoing expansion in the hospitality sector. The Liverpool-based software firm will direct the capital towards increasing its market share and boosting overall competitiveness.
Commercial Loans and Finance introduced the management team at Power EPOS to ThinCats, facilitating the transaction through regional business development director Andrew Tapsell. Leadership at the software provider noted the efficiency of the funding process and the lender's grasp of their strategic objectives.
ThinCats praised the quality of the company and its strong growth trajectory. The alternative finance provider expressed enthusiasm for establishing a long-term partnership as the business develops its market presence.
From the founder
"The hospitality industry moves quickly, and so it was important for us to secure our growth funding quickly and painlessly."
Gary Smith
Chief Executive at Power EPOS
Investor perspective
"Having seen the quality of its product and service offering, I knew Power EPOS is exactly the sort of SME that ThinCats loves to support."
Andrew Tapsell
Regional Business Development Director, ThinCats
Use of funds
- 01Fund the next phase of growth