Century Capital completes four deals in four days

Jessica Nangle

May 23, 2019

Century Capital has completed four deals in four days which the bridging lender says is due to their asset based approach to lending.

The deals include a £2m loan on a property in Holland Park in order to refinance an expired bridge and a small first charge loan on a commercial site in Prime Bath which allowed the borrower to fund the deposit for a nearby development site.

Century also completed a £1.28m loan within seven working days from valuation to fund the purchase of a property in the South Downs, and lent £200,000 at 50% LTV behind a loan from an individual on a Chelsea townhouse in order to fund investment in a start-up cryptocurrency business.

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