Mezzanine Finance

Mezzanine Finance Advisory.

Mezzanine finance sits between senior debt and equity — subordinated, higher-cost, and often carrying an equity-linked feature such as warrants, used when senior debt alone can't cover the full requirement.

Subordinated Capital  ·  Equity-Linked Debt  ·  Capital Stack Gap Funding

Where This Applies

  • Senior debt alone doesn't cover the full capital requirement for the transaction.
  • The promoter wants to limit dilution compared to raising the full gap as pure equity.
  • A subordinated position is acceptable in exchange for capital that ranks behind senior lenders.
  • An equity-linked feature such as warrants can help price the risk appropriately.

How We Approach It

We size mezzanine capital to close the specific gap between what senior lenders will underwrite and what the transaction needs, structuring the equity-linked feature and repayment terms to match the promoter's own dilution comfort.

Why EquiFin

  • Independent advisory — we structure and negotiate, we do not lend ourselves.
  • 60+ active lender relationships across PSU banks, private banks, NBFCs and private credit funds.
  • One point of contact from structuring through to disbursement.

Frequently Asked Questions

What is mezzanine finance?

Mezzanine finance is subordinated capital that sits between senior debt and equity, often carrying an equity-linked feature, used to close a funding gap senior debt alone can't cover.

Who provides mezzanine finance in India?

Mezzanine finance is typically provided by NBFCs, AIFs and private credit funds comfortable underwriting subordinated, equity-linked risk.

See what documents lenders typically ask for — Documents Required for a Corporate Loan →

60+ Active Lender Relationships  ·  Independent Advisory, Not a Lender

Bridge the Gap Between Debt and Equity.

We structure mezzanine capital sized to the gap, not more.

Discuss a Mezzanine Finance Requirement