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Mezzanine finance is top up funding, which fills a gap when there is disparity between a developer’s equity and the amount the main lender will provide.

In normal circumstances, mezzanine finance is secured funding; having a second charge over the property in question, allowing the bank or initial lender to hold at first charge.

Veritas understand that developers rely on having a strong cash flow and that good contribution levels can be essential for a project success, which is why we can assist you in accessing mezzanine funding.

We can provide you with assistance if you;

  • Want to retain capital to start other projects
  • Your project was undervalued during the application process; requiring a greater contribution towards the deal
  • Your main lender requires a greater cash contribution

 

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