Century Capital has secured a £25m funding line from Hampshire Trust Bank (HTB), aimed at bolstering its lending capacity, in response to a significant surge in demand over the past year.
In addition to, Century extended terms on one of its principal funding lines for an additional two years.
Century now has the backing of five major institutional funding lines, giving it flexibility and
certainty of funding.
Luke Navin (pictured), managing director of Century Capital, said: “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.”
