MEZZANINE DEBT: BENEFITS OR DRAWBACKS FOR FIRM’S FINANCING?
Journal Title: Revista Tinerilor Economisti - Year 2009, Vol 1, Issue 12
Abstract
Mezzanine finance is an alternative source of finance to debt and equity and it can be helpful in financing the start-up and firms’ expansion. But in order to take their investment decisions, the firms should compare the benefits and challenges generated by this form of financing in function of their development stage or the specific features of their activities. Despite the fact that mezzanine finance instruments are gaining in importance, and the advantages overtake the disadvantages, they still remain little used compared with traditional forms of financing (loan financing).
Authors and Affiliations
Laura Vasilescu
Keywords
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