INTELLECTUAL STOCK INVESTOR

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VING, Texas , Nov. 03, 2016 (GLOBE NEWSWIRE)
-- Excel Corporation (OTCQB:EXCC),
a leading provider of integrated financial and transaction processing services to merchants throughout the United States today announced
that it secured a new $25 million term loan facility through Great American Capital Partners, LLC ,

a wholly owned subsidiary of B. Riley Financial, Inc. (NASDAQ:RILY).

The credit facility consists of an initial term loan of $13.5 million , with availability to borrow an additional $11.5 million during the
first year of the three year term.

Proceeds from the initial loan amount were used to repay all of
the Companys existing secured debt, including approximately
$8.0 million incurred in connection with the purchase of the
U.S. assets of Calpian Inc. in November 2015 , as well as for
working capital and general corporate purposes.

After the Calpian acquisition in late 2015 and with the
profitable restructuring of our Securus subsidiary earlier this year, Excel now enters a fresh stage of growth fueled by the support of our new financing relationship with Great American.

This capital will enable us to move quickly on future acquisition opportunities, allowing us to successfully execute on our strategy
of being a significant merchant acquirer in the U.S. market,

stated T. A. Kip Hyde, Jr., Excel CEO. Just as importantly for our stockholders, this $25 million facility provided us with access to capital without equity dilution.
Excel CFO, Robert Winspear added,

The additional working capital received from the initial term loan,
as well as the ability to draw up to an additional $11.5 million immediately improves our current financial position and provides significant additional capital to finance future acquisitions.

With the successful integration of our eVance subsidiary now completed, we have profitable ongoing operations on a robust platform,

with access to significant new growth capital, as well as additional sales channel opportunities. With this new term loan facility,
we are focused on accelerating our revenue growth and further
increasing profitability.

Riverside Management Group via its wholly owned broker dealer subsidiary, BCW Securities LLC (member FINRA / SIPC ),
represented by Forbes Burtt , acted as the exclusive financial
advisor to Excel Corporation for this debt financing.

More detailed information, including a copy of the loan and security agreement, will be provided in our Report on Form 8-K,

which is expected to be filed with the SEC on or about November 5, 2016 .

About Excel Corporation
Headquartered in Irving, Texas ,
Excel Corporation provides integrated financial and transaction processing services to small and medium size merchants throughout the United States .

We deliver our products and services through a national network
of independent sales representatives, ISOs and agent banks.

Excel's subsidiary, eVance Processing Inc. provides an integrated suite of payment processing services and payment solutions,
including credit, debit and gift/reward card processing,

with ACH and mobile payments solutions including Apple Pay and
Android-based applications. Merchants can choose from multiple
payment gateway solutions for both
"brick and mortar" and Internet -based businesses. Go to:

http://evanceprocessing.com
for more information.
eVance Capital, another Excel subsidiary,
provides our merchants with the money they need to grow, offering merchant cash advance and business loan products designed to help
their businesses succeed. Go to: http://www.evancecapital.com for
more
information.
Excel Corporation common stock is traded Over-The-Counter on the OTCQB under stock symbol:

EXCC. Additional information about the Company can be found at http://www.ExcelCorpUSA.com.