Short term specialist lender Cheval has announced that it completed a £1.25m loan, within a three working day time frame.

Cheval CEO Alan Margolis, said: “This loan was a real challenge. The Cheval monies were required to meet overseas corporate commitments with an absolute immoveable deadline. Documents had to be provided from the United States, and everyone worked over the weekend to get the job done.

“Failure would have been disastrous for our borrowers and against the odds the loan completed in just three working days.”

Introducing broker Saul Weitzman of St James's Place Wealth Management said: “I am absolutely delighted that we pulled this one off. Everyone worked their socks off.

“This was my first experience with Cheval and my clients and their associates were extremely impressed at how Cheval delivered on their promise to get the deal done within the timeframe available.”