Advertisement

Envirotech And Clean Energy Investor Journal Clean Energy LP-GP Forum
Private Equity Fund Directory
Subscribe to the free Private Equity and Venture Capital NewsletterJoin AltAssets group on LinkedIn

Current AltAssets Contributors

Join our list of prestigious institutions who have contributed their expertise to the AltAssets Knowledge Bank. It’s a great way to share your views and gain recognition for your insights and thought leadership.

prevnextplay/stopplay/stop

You'll be in excellent company.

CONTRIBUTE CONTENT

Home > Knowledge Bank > Industry Focus

Mezzanine capital: closing the gap between debt and equity Mezzanine capital: closing the gap between debt and equity

05 Nov 2002. Source: Fleet Capital.
Mezzanine finance has come into its own over the last few months. Middle-market companies are finding it increasingly difficult to raise finance – new loans are harder to find and there is virtually no access to public capital markets. As a result, they are turning to mezzanine, says Fleet Capital, offering a wealth of opportunities for investors at this difficult point in the economic cycle.

Mezzanine financing is a hybrid form of capital, sandwiched between senior debt and equity on a company's balance sheet. It is typically used to fund a growth opportunity, such as an acquisition or new distribution channel, and has become critical to middle-market companies in recent months.

Copyright © Fleet Capital Corporation

Click here to view full report (pdf 342kb)

You need Adobe Acrobat to read this document. If you do not have it, you can download it free from www.adobe.com/products/acrobat/readstep.html

This article was originally published on AltAssets through Fleet Capital. As a result of the merger of FleetBoston - the parent company of Fleet Capital - and Bank of America in 2004, Fleet Capital is now Bank of America Business Capital

Bank of America Business Capital, one of the world’s leading asset-based lenders, finances the needs of mid and large-sized businesses in the U.S, Canada and Europe. They provide asset-based loans from $10 million to $1 billion for working capital, acquisitions, turnarounds, recapitalization and DIP financing. For more information please visit www.bofabusinesscapital.com

Article is in the following categories:

Knowledge Bank» PE Focus» Mezzanine

Add your comment

There are currently no comments.
Leave Comment


or close