Bridging lender Century Capital has secured a major new funding line which will extend its current funding opportunities by the tens of millions.
Following the agreement Century Capital has launched a new suite of products which includes their lowest ever rates – starting from 0.75% per month.
Paul Munford, CEO of Century Capital, said: “This new line completes Century’s journey to becoming a leading short-term lender. We have scale, service and products to make us a good choice for any broker or clients.
“We are very optimistic about 2017 and already have a substantial deal pipeline.”
Nick Hilton, head of lending at Century Capital, added: “2017 is set to be an exciting year for Century Capital as along with the new funding lines, we also have plans to extend our team and are currently looking for larger premises.”
Century Capital is owned and managed by Paul Munford who has been a leading London property financier for over 30 years.