The funding is aims to bolster Century’s funding capacity, due to a rise in demand over the past year, said the company.
Century has also extended terms on one of its principal funding lines for an additional two years — the company now has five institutional funding lines.
Luke Navin, managing director at Century Capital, said: “We are delighted to establish this new funding line with HTB.
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“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 HTB, 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.”
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