Property developers often find themselves in the position
of having a great project opportunity but not enough cash
to bridge the gap between cost and the level of finance
offered by a lender.
This is where Mezzanine finance is needed.
Mezzanine Finance is top-up funding, in effect a
second mortgage, where additional cash is given towards
a project.
Mezzanine funding is available for up to 100% of
the development costs, including land and building
costs, and is open to all kinds of property development.