Century Capital Appoints New MD and Head of Lending Amid Funding Line Extension
Following an exceptional week, Century Capital is delighted to introduce Ky Benjamin as their new Head of Lending and announce a record-breaking increase in their lending capacity.
Kynan brings a wealth of experience from his roles at Lendinvest, Glenhawk, and most recently as Director of Credit at Reim Capital. Having begun his career in property finance as an underwriter, he rapidly amassed valuable experience in the lending industry and has lent over 500 million throughout the course of his career. His position at Century Capital will include spearheading the lending division, overseeing sustainable growth, and fostering client-relationship initiatives to ensure that Century continues to deliver a high level of customer service as the business continues to scale.
Meanwhile, Luke Navin, who previously headed up the lending department, now takes on a new role as Managing Director. Following a successful track record, Luke has overseen Century’s loan book expanding exponentially over the past 3-4 years, while significantly expanding its reach and reputation in the prime property lending sector. Luke’s comprehensive industry knowledge has been instrumental in maintaining pivotal funding relationships, driving expansion initiatives, and overseeing the remarkable success witnessed by Century Capital this past year.
Century Capital has also renewed their principal funding line for an additional two years. Last month alone, they have lent more than £25m of new capital, facilitating several deals in the prime London property market, including a loan secured over a stunning £65 million London mansion.
Historically, Century have been largely reputed for their strength in the Prime London sector, however they now seek to further extend their reach to Greater London and the wider home counties. Their latest deal completions in South London, Stratford, Oxford, and Wiltshire are evidence of this expansion.
“We’re delighted to welcome Ky to our team – his reputation in the industry precedes him and he will form a key part of Century’s next phase of growth. We are also pleased to announce Luke taking on the role of Managing Director. It’s testament to the huge growth Century has experienced this year, and our commitment to becoming the leading lender in the prime London and Home Counties property market. We have also just closed a new funding line with a major partner, with more details to be released soon.’
Paul Munford, CEO of Century Capital.
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