A property developer seeking to purchase a disused church in Glasgow, and raise the finance to convert it into 22 flats, was turned down by the High Street banks because he was unable to demonstrate a clear revenue stream from the project in advance.

Mathon Limited was able to turnaround his application for short-term funding within two weeks, releasing the necessary £1.1 million for the redevelopment over a 12 month period.

A businessman in the North of Scotland looking to redevelop a Country Manor into seven town houses found himself facing the loss of his £100,000 deposit after he came up £200,000 short through his bank financing.

Mathon Limited went to visit him on the Friday morning and were able to provide the necessary mezzanine financing by the following Thursday against the security of a second charge over other property. The delighted businessman said he only wished he’s known about Mathon Limited sooner