Goldentree launches innovative mezzanine finance product
Goldentree Financial Services, the well know development finance funder, have introduced an innovative mezzanine finance product for housebuilding and development deals.
The Mezz strip key features are:
- Size £100K-£250K
- Fixed interest only pricing, no fees or profit shares
- Designed to sit behind Goldentree senior debt products so no extra security needed
Steve Marsh, Goldentree MD comments:
“Developers and introducers currently have to work hard to fund small amounts of mezzanine funding. This product allows senior and mezz funding to be sourced in one hit.”