What is it?
DirectLenderMatch classifies Corporate Mezzanine Debt under the financing form “Subordinated debt.” Its typical use in this directory is: Acquisition/growth capital behind senior debt.
How does it work?
The structure is generally evaluated, supported, or secured using the following basis: Enterprise cash flow/equity value. Exact underwriting, eligibility, terms, and availability are provider-specific and can change.
What can it be used for?
Acquisition/growth capital behind senior debt.
What backs or supports it?
Enterprise cash flow/equity value.
Why does this structure exist?
This structure provides a defined way to address the financing need described above. The provider, transaction, collateral, and underwriting context determine how the structure is implemented in practice.
Important considerations
Confirm current costs, risks, licensing, eligibility, collateral treatment, recourse, tax consequences, and availability directly with the provider and appropriate professional advisers. DirectLenderMatch does not compare rates or recommend products.
Is this actually a loan?
Workbook classification: Yes. Financing forms such as leases, purchases, shared equity, advances, and guarantees may solve a funding need without being conventional loans.
Verified lenders or providers
Direct private-credit lender
Golub Capital
Golub Capital's current opportunistic-credit materials explicitly discuss mezzanine and junior-capital financing.
Official evidence page →Last verified: 2026-08-23
Related financing structures
Second-Lien Term Loan
Additional leverage behind senior debt
Unsecured Subordinated Note
Junior capital without asset lien
Corporate Revolving Credit Facility
Working capital/liquidity
Leveraged Acquisition Loan
Finance acquisition
Payment-in-Kind (PIK) Debt
Reduce current cash interest burden
Senior Secured Corporate Term Loan
Corporate capital/expenditure/refinancing