Grow Michigan mezzanine financing can provide capital when there is insufficient equity from ownership or when a company has maximized its senior debt borrowing capacity. In the capital structure, Grow Michigan mezzanine capital sits between equity and collateralized debt. While our funds have a higher coupon than senior debt, our capital is anti-dilutive and therefore is substantially less expensive than equity in terms of overall cost of capital.
If you have clients that are poised for growth but limited on financing options, we can help.