Due to the effort it takes to close a mezzanine debt loan, people often think the hard part is done at closing. It’s true that closing a mezzanine loan takes a lot of work. The post-closing administration of the loan by the borrower and the lender also takes a bit of time and focus. Continue reading →

Mezzanine debt is a high value form of financing for companies seeking transitional capital for growth. It is usually deployed as part of a bespoke structure in a M&A transaction. Because it is bundled with other forms of capital as part of an integrated solution, its true value is often obscured. Continue reading →

Mezzanine debt loans are not publicly traded instruments but are part of the private debt market. As such, loan pricing is influenced by several component costs such as cost of funds, overhead and loan loss reserves. Furthermore, the ultimate pricing for the borrower is influenced by the underlying credit risk of the borrower. Continue reading →

Mezzanine debt is a progressive, creative form of financing that is used to finance companies based on their cash flow growth. It’s most frequently used to finance acquisitions and buyouts. Yet it has great applicability to all companies transitioning through a growth stage. Continue reading →

Back in the old days, relationship lenders were prevalent. They tended to be local banks who took active interest in local companies and made it their business to financially support them. Relationships in lending are a powerful force and result in greater understanding for both sides. Continue reading →