Mezzanine debt: cost, equity kicker and Belgian lenders
Mezzanine debt for a Belgian SME: definition, real cost with capitalised interest and equity kicker, how it differs from unitranche, who lends and at what ticket.
Category
Equity or debt
Bank debt or equity for a growing SME
Bank debt or equity for a growing SME: cost, repayment, dilution, control. Three worked €3M financing packages and a verdict for each type of company.
Bank refuses to fund your expansion: what to do
Bank turned down your SME's expansion loan? Find out the exact reason, then pick one of four exits: phasing, equity, subordinated loan, guarantee.
Equity, debt, quasi-equity: choosing the instrument
Quasi-equity, bank debt or share capital: repayment rank, cost, dilution, and which Walloon and Brussels funds publish which instrument for SMEs.
Subordinated loan: funding your SME without selling shares
Subordinated loans for SMEs: rank, fixed or variable return, how banks treat them, conversion. Who offers them in Wallonia and Brussels, at what ticket.