Market Musings

The easiest way to differentiate between bridge loans and acquisition financing is by their maturity date. Bridge loans are very short term, usually 1 year […]

Mezzanine structures are built upon revenue visibility and cash flow stability. When a company knows for certain that revenue is showing up every year at […]

Lenders are conservative and use a number of protocols to test the business risk of their lending applicants. This is especially true for mezzanine debt […]

Financial Models contain tea leaves about your financing chances with mezzanine lenders. There are several things to be mindful of when constructing the model, so […]

Mezzanine lenders are expert sleuths at exposing fancy financial engineering in deals. It happens very quickly almost before the investment banker is finished with the […]

While profitability is great to have and certainly a key criterion, it alone does not lead to a successful mezzanine debt raise. Profitable companies can […]

Quality of EBITDA is more important than quantity of EBITDA to the mezzanine lender. Adjusted EBITDA is the sine qua non in the finance industry, […]

Limited capital has never stopped a smart entrepreneur from securing acquisition financing. Lenders evaluate the overall strength of the transaction, the buyer’s experience, and the […]

Middle market deals require velocity, as the longer the acquisition financing process stretches out, the less likely the closing. Each closing is arduous and requires […]

Some loan approvals are simple while others are a winding road. Mezzanine financing is one of the most difficult loan approvals in the credit market. […]