BMV purchases, distressed assets, awkward titles, refurbishment with a tight timeline. If the story makes sense and the asset stacks up, EAL will look at it.
Security and exit drive the decision. Thin credit files, historic IVAs, non-standard income — none of these are automatic blockers if the deal works.
No junior analyst rejecting on a spreadsheet rule. Cases are read, not scored.
Funds in ~7 days because the process is designed for it — RICS valuation only, no second valuer, no committee delays. Diligence still happens — it just doesn’t take six weeks.
Decisions made by people with skin in the game, not by a credit committee that meets on Tuesdays.
Bridging and SME lending only. Doesn’t try to be a high-street bank, doesn’t pretend to be one.
The goal is the next ten deals, not this one. Brokers who place repeat business get repeat answers.
