Century partners with BlueHorizon to complete a £1.85m second charge

Specialist lender Century Capital has partnered with BlueHorizon to arrange a £1.85m second charge bridge.

The facility was structured at 70% LTV to support the release of equity, to be used as working capital for business opportunities. The facility was secured against a ‘high value’ property located in the Cotswolds.

BlueHorizon Managing Director Julian King said “Century Capital were the perfect partner to meet the needs of the borrower, who needed to release equity in order to take advantage of new business opportunities. Century Capital understand prime assets and the people / businesses that own them”.

Paul Munford CEO at Century Capital commented that “we have a thorough understanding of ‘Prime Property’ and we are proud to be able to support our broad range of customers with our diverse product range. We have known and worked with Julian King  for a long time, who has a detailed understanding of what we need and expect from the people we work with. It’s always a pleasure working with him and to be able to support BlueHorizon”.

Thank you to the hard work of everybody involved who contributed to this success.