Equity gap
Bridge the difference between sponsor equity and senior leverage.
Finance · Mezzanine finance
Bridge the equity gap.
Keep the scheme commercially balanced.
Subordinated development capital for viable schemes requiring funding above the senior lender's position.
The Wentworth view
More leverage only works when the project can carry it.
Mezzanine finance sits behind senior debt and ahead of sponsor equity. It can reduce cash equity but increases cost and execution complexity.
We model both layers together, including intercreditor terms, drawdowns, profit and downside resilience.
This service is limited to unregulated, business-purpose property finance.
Where it can fit
Common uses and situations
Site acquisition
Support acquisition while the full capital stack is assembled.
Cost overruns
Selected schemes with evidenced cost-to-complete and sufficient value.
Stretch alternative
Compare separate mezzanine with a single stretch-senior facility.
Credit preparation
What we establish before approaching lenders
- 01
Senior lender
Consent, leverage, security and intercreditor terms.
- 02
Profit
Sufficient margin after finance, contingency and sales costs.
- 03
Sponsor
Meaningful equity, experience and alignment.
- 04
Exit
Enough headroom to repay the entire capital stack.
Frequently asked
Straight answers to the first questions.
Talk to Wentworth
Discuss a mezzanine finance requirement.
Share the asset, the numbers, the timeframe and what the funding needs to achieve. We will come back with a focused initial view.
Submit a deal