What is Senior Debt?
Senior debt is the first level of liability to a project which means it is paid out first, ahead of all other lenders. Typically this is the position that the banks will take.
Senior debt is the first level of liability to a project which means it is paid out first, ahead of all other lenders. Typically this is the position that the banks will take.
Mezzanine debt or mezz debt is a form of hybrid capital which can be structured as either preferred equity or unsecured debt. It is generally referred to the layer of debt that sits between senior debt & equity.
If structured correctly the main advantage of Pref Equity vs Mezzanine Debt is that Pre Equity does not require a registered 2nd mortgage or a deed of subordinated of debt to be negotiated by senior lenders such as banks.
Pref Equity is a form of hybrid of debt and equity financing used to fill the gap between what the Bank will fund and what the borrower is able to contribute towards the Total Developments Costs (TDC) of a project. Pref Equity financing can give the Pref Equity provider the rights to convert to an ownership and control [...]
Finishing your project and need to unlock the profits to move onto the new project? We have access to lenders who specialise in this.
End-to-end service for capital structuring, detailed feasibility and cash flow analysis and interest rate strategic advice.
Higher geared finance solutions are sometimes needed for initial stages. We have access to private lenders and family offices.
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As banks continue tightening lending to foreign buyers, developers with exposure to settlement risk has increased dramatically since the beginning of 2016. Banks have adopting a cautious approach lowering their loan value ratios and adopting stringent documentation rules. If you have foreign purchasers, we have access to alternative lender sources.
Are you a Foreign property developer looking for finance but the major banks wont lend you money? We have several lenders who specialise in this space.
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