Century Capital Secures £25 Million Funding Line To Ramp Up Lending

London, 14 June 2024 – Century Capital is pleased to announce they have secured a £25 million funding line from Hampshire Trust Bank, aimed specifically at bolstering their lending capacity, in response to the
significant surge in demand over the past year.

In addition to this new partnership, Century have extended terms on one of their principal funding lines for an additional two years, further strengthening the company’s financial firepower. Century now have the backing of five major institutional funding lines, giving them flexibility and certainty of funding. This is especially important in these uncertain economic times and is an important selling point for brokers using Century for their clients prime property lending needs.

Luke Navin, Managing Director of Century Capital, stated: ‘We are delighted to establish this new funding line with Hampshire Trust Bank. This partnership will allow us to substantially strengthen our product
offerings, and better serve the growing demand from our valued borrowers.’

Daisy Xu, Transaction Director of Wholesale Finance at Hampshire Trust Bank added, “We are delighted to be working with Century Capital. With their experienced management team, Century has seen significant growth over the last 12 months. This facility supports their business strategy, enabling them to further increase their lending capacity. We are excited to see their continued growth and success.”

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See further coverage of deal in Bridging & Commercial and The Intermediary.