Century Capital Timeline

  • Early 2012

    Century Capital founded to offer prime property borrowers a quick and efficient alternative to traditional mainstream lenders

    Building on the success of Omni Capital, a partnership between CEO Paul Munford and developer Christian Candy, Century Capital is established and quickly gains traction in the short-term lending market. Drawing on Paul’s widespread network and long-standing expertise built during 20 years as CEO of MCIFA, a successful family office and brokerage, Century’s client base begins to grow.

    Late 2012

    Century’s common-sense approach to lending in the Prime space gains traction

    Century continue to stick to their founding principles, assessing each loan based on the quality of the underlying asset and credibility of the ultimate repayment strategy, in stark contrast with the increasingly onerous pre-funding requirements of mainstream UK lenders.

    2014

    Century agrees major funding line with UK hedge fund

    First major funding line from a Jersey listed fund gives Century renewed lending capacity, and business growth continues with new additions to the Century management team.

    2015

    Century recognised as a trusted Top 5 category in Spears magazine most recommended financiers.

  • 2016

    Century completes second fundraise obtaining backing from One Savings Bank and High Net Worth private investors’ fund

    The addition of a further institutional backer allows Century to more than double its lending capacity and widen its product offering, with lower rates and longer-term lending options. 

    2017

    Century completes largest deal to date, secured against £30 million London townhouse

    This loan marks a new milestone for Century in both loan and asset size. Continuing to refine its core broker and client base, Century makes a conscious move towards larger ticket loans and lending on larger single assets, focusing on HNWs and entrepreneurs with a strong asset balance sheet but a lack of short-term liquidity. 

    2018

    Century completes £150 million of lending

    An important landmark for Century, paving the way for further expansion and institutional funding provision.

    Early 2020

    Century expands management team, recruiting Ian Axe as Non-Executive Chairman and Simon Golesworthy as Group Financial Director

    As part of a new growth phase, Century announces a series of significant hires, adding industry heavyweights in a move to consolidate new institutional funding lines and substantially increase transaction flow.

  • 2020

    Century weathers the storm of COVID-19, maintaining steady lending

    Diverse funding ensure that Century delivers on all agreed funding throughout the pandemic, never shutting the doors even for a day, and never withdrawing from lending commitments to clients.

    Early 2021

    Century crosses £300 million of lending, maintaining negligible defaults

    Despite huge instability across UK markets as a result of the pandemic, Century crosses this lending milestone, whilst proudly maintaining zero capital losses and a negligible default ratio within an ever-growing portfolio.

    Late 2021

    Century completes biggest ever fundraise securing two new funding lines providing an additional £250 million lending capacity

    Century closes out 2021 with a game changing fundraising round, securing new funding lines from a multi-billion-dollar US credit fund, and a new facility from a UK challenger bank. This gives Century considerable new lending capacity, increased flexibility, and an even greater ability to deliver completions in record time scales.

    2022

    Century diversifies product range to join development finance market

    Having focused primarily on bridging loans over the last decade, Century’s growth over the last year has also allowed for further diversification of their product range, with a move to funding more development projects.

    Having now completed a number of loans against prime developments in areas such as the Cotswolds, Century has cemented their place as a trusted provider in the prime development finance market.

  • Early 2012

    Century Capital founded to offer prime property borrowers a quick and efficient alternative to traditional mainstream lenders

    Building on the success of Omni Capital, a partnership between CEO Paul Munford and developer Christian Candy, Century Capital is established and quickly gains traction in the short-term lending market. Drawing on Paul’s widespread network and long-standing expertise built during 20 years as CEO of MCIFA, a successful family office and brokerage, Century’s client base begins to grow.

    Late 2012

    Century’s common-sense approach to lending in the Prime space gains traction

    Century continue to stick to their founding principles, assessing each loan based on the quality of the underlying asset and credibility of the ultimate repayment strategy, in stark contrast with the increasingly onerous pre-funding requirements of mainstream UK lenders.

  • 2014

    Century agrees major funding line with UK hedge fund

    First major funding line from a Jersey listed fund gives Century renewed lending capacity, and business growth continues with new additions to the Century management team.

    2015

    Century recognised as a trusted Top 5 category in Spears magazine most recommended financiers.

  • 2016

    Century completes second fundraise obtaining backing from One Savings Bank and High Net Worth private investors’ fund

    The addition of a further institutional backer allows Century to more than double its lending capacity and widen its product offering, with lower rates and longer-term lending options. 

    2017

    Century completes largest deal to date, secured against £30 million London townhouse

    This loan marks a new milestone for Century in both loan and asset size. Continuing to refine its core broker and client base, Century makes a conscious move towards larger ticket loans and lending on larger single assets, focusing on HNWs and entrepreneurs with a strong asset balance sheet but a lack of short-term liquidity. 

  • 2018

    Century completes £150 million of lending

    An important landmark for Century, paving the way for further expansion and institutional funding provision.

    Early 2020

    Century expands management team, recruiting Ian Axe as Non-Executive Chairman and Simon Golesworthy as Group Financial Director

    As part of a new growth phase, Century announces a series of significant hires, adding industry heavyweights in a move to consolidate new institutional funding lines and substantially increase transaction flow.

  • 2020

    Century weathers the storm of COVID-19, maintaining steady lending

    Diverse funding ensure that Century delivers on all agreed funding throughout the pandemic, never shutting the doors even for a day, and never withdrawing from lending commitments to clients.

    Early 2021

    Century crosses £300 million of lending, maintaining negligible defaults

    Despite huge instability across UK markets as a result of the pandemic, Century crosses this lending milestone, whilst proudly maintaining zero capital losses and a negligible default ratio within an ever-growing portfolio.

  • Early 2012

    Century Capital founded to offer prime property borrowers a quick and efficient alternative to traditional mainstream lenders

    Building on the success of Omni Capital, a partnership between CEO Paul Munford and developer Christian Candy, Century Capital is established and quickly gains traction in the short-term lending market. Drawing on Paul’s widespread network and long-standing expertise built during 20 years as CEO of MCIFA, a successful family office and brokerage, Century’s client base begins to grow.

  • Late 2012

    Century’s common-sense approach to lending in the Prime space gains traction

    Century continue to stick to their founding principles, assessing each loan based on the quality of the underlying asset and credibility of the ultimate repayment strategy, in stark contrast with the increasingly onerous pre-funding requirements of mainstream UK lenders.

  • 2014

    Century agrees major funding line with UK hedge fund

    First major funding line from a Jersey listed fund gives Century renewed lending capacity, and business growth continues with new additions to the Century management team.

  • 2015

    Century recognised as a trusted Top 5 category in Spears magazine most recommended financiers.

  • 2016

    Century completes second fundraise obtaining backing from One Savings Bank and High Net Worth private investors’ fund

    The addition of a further institutional backer allows Century to more than double its lending capacity and widen its product offering, with lower rates and longer-term lending options. 

  • 2017

    Century completes largest deal to date, secured against £30 million London townhouse

    This loan marks a new milestone for Century in both loan and asset size. Continuing to refine its core broker and client base, Century makes a conscious move towards larger ticket loans and lending on larger single assets, focusing on HNWs and entrepreneurs with a strong asset balance sheet but a lack of short-term liquidity. 

  • 2018

    Century completes £150 million of lending

    An important landmark for Century, paving the way for further expansion and institutional funding provision.

  • Early 2020

    Century expands management team, recruiting Ian Axe as Non-Executive Chairman and Simon Golesworthy as Group Financial Director

    As part of a new growth phase, Century announces a series of significant hires, adding industry heavyweights in a move to consolidate new institutional funding lines and substantially increase transaction flow.

  • 2020

    Century weathers the storm of COVID-19, maintaining steady lending

    Diverse funding ensure that Century delivers on all agreed funding throughout the pandemic, never shutting the doors even for a day, and never withdrawing from lending commitments to clients.

  • Early 2021

    Century crosses £300 million of lending, maintaining negligible defaults

    Despite huge instability across UK markets as a result of the pandemic, Century crosses this lending milestone, whilst proudly maintaining zero capital losses and a negligible default ratio within an ever-growing portfolio.

  • Late 2021

    Century completes biggest ever fundraise securing two new funding lines providing an additional £250 million lending capacity

    Century closes out 2021 with a game changing fundraising round, securing new funding lines from a multi-billion-dollar US credit fund, and a new facility from a UK challenger bank. This gives Century considerable new lending capacity, increased flexibility, and an even greater ability to deliver completions in record time scales.

  • 2022

    Century diversifies product range to join development finance market

    Having focused primarily on bridging loans over the last decade, Century’s growth over the last year has also allowed for further diversification of their product range, with a move to funding more development projects.

    Having now completed a number of loans against prime developments in areas such as the Cotswolds, Century has cemented their place as a trusted provider in the prime development finance market.