Mezzanine & Equity FinanceFinance Today can arrange mezzanine funding for both construction and property investment loans tailored to the requirement of the project. Mezzanine funding is typically sourced from specialist financiers and private investors bearing a fixed interest rate. Mezzanine funding is typically used in situations where the borrower has insufficient equity to fund the project, or requires additional funding to complete a project. In short mezzanine funding is utilised in situations where the client requires additional funding beyond the means of traditional facilities.
Equity Finance (Joint Venture Finance)Finance Today can arrange equity participation in acceptable projects. Equity finance is typically a joint venture where up to 100% of project costs are covered of land subdivisions and development projects. Equity finance is typically secured by a second mortgage position, or by taking a direct equity position in the project.Equity participation is particularly useful in situations where the project proponent requires the project expertise or balance sheet position of another party ensures that the project proceeds to a mutually profitable outcome.
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