Excel were contacted at 8am with a request for funding of £1.9m to secure the purchase of a residential development in St Helens, after the borrower’s mainstream lender let him down at the last minute.

Funding was required by close of business that day otherwise the borrower would forfeit a £500,000 deposit.

Excel agreed to fund at 75% of Open Market Valuation and completed the loan by close of business that same day, enabling the borrower to complete on his purchase.

£5,150,000 was required to purchase a former care home with Planning Permission for residential development in Sussex.

The borrower was in a contract race so did not have the time to approach a mainstream lender and go through the credit approval process.

Excel provided funding of £4,400,000 and worked closely with a mezzanine funder who provided an additional £750,000 to provide sufficient funding for the purchase of the property.

£200,000 was required to purchase a plot of land in Wales.

Planning had lapsed and none of the traditional lenders were prepared to offer a facility until planning has been granted. Excel's professional team was able to evaluate the situation and conclude that planning would eventually be obtained.

The transaction proceeded to completion and the site was subsequently developed.

£800,000 was urgently sought by a non-UK resident who did not have a bank account to assist with the purchase of a property in London .

The borrower’s lender withdrew its facility after exchange of contract and the borrower faced, not only the loss of the transaction but forfeiture of his deposit.

Excel completed the transaction in eight working days.

A company was in financial difficulty which resulted in its bank taking steps to call in its security and repossess the company premises.

Excel was able to persuade the bank to suspend proceedings for a short period of time during which the facility granted by Excel was completed.

This allowed the company to continue to trade and to secure the jobs of it employees.

£1,900,000 was required to purchase two flats in Central London.

Our client had negotiated a discount on the purchase price, but need to borrow 100% of purchase price and stamp duty and other fees to enable the deal to complete. Funding was required within 14 days to secure the discounted price.

Excel offered the level of funding required completed within the timescales enabling the client to secure the purchase and obtain long term funding based on the value of the properties rather than the purchase price.