"Mezzanine" financing is long term, fixed rate subordinated debt with some equity features, generally in the form of stock warrants. Debt service is often interest-only for a considerable portion of the overall maturity, thus creating a highly effective method of financing corporate growth.

Mezzanine borrowers must have demonstrable debt service capacity and minimum annual revenues in the general range of $15 to $20 million; transaction sizes range from $2 million to eight figures depending on the size and creditworthiness of the client company.

As with equity financing, Crutchfield Capital Corporation assists clients with all phases of arranging mezzanine capital including the preparation of a comprehensive business plan and solicitation of appropriate institutional lenders. In support of this process, we enjoy personal relationships with virtually every significant mezzanine lender in the United States and are typically able, for appropriate transactions, to procure and negotiate multiple financing proposals, thus creating an efficient market and minimizing interest costs and shareholder dilution.