Century Capital increases loan size to £3m

Century CEO, Paul Munford, commented:

“There is an increased demand for larger loans, especially on low leveraged prime property where clients are looking to take advantage of lending opportunities and require immediate funding. Century’s biggest selling points are our speed, our funding, and our understanding of complex transactions. Our credit team has substantial experience of analysing and executing diverse transactions and have an exceptional knowledge of the current market.”

Nick Hilton, Head of Lending, added:

“We are already seeing further diversification within the bridging sector to include a huge increase in demand for 2nd charge lending although this will be impacted by the new MCD legislation post 21st March 2016. We look forward to reaching out to many more new clients with a more competitive and varied product range. We aim to combine both our bespoke approach to lending with increased scalability in 2016.”