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.