Goldentree launches innovative mezzanine finance product
By Bridging Loan Directory -
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.”