MEZZANINE LOAN
PACKAGES FOR BORROWERS
Mezzanine financing typically sits between senior debt and equity and is frequently secured by pledged ownership interests rather than direct collateral in the underlying property or business assets. Because of its position in the capital stack, mezzanine financing often involves complex provisions relating to pledge enforcement, subordination, and intercreditor rights. Equity Legal provides borrower- and sponsor-side legal review for mezzanine financing transactions, focusing on the structural provisions that affect control rights, enforcement mechanisms, and the relationship between senior and mezzanine lenders. Our borrower-side packages help sponsors analyze mezzanine loan documentation, identify potential structural risks, and negotiate appropriate revisions before the financing closes.
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If you are a lender, please click HERE to review our flat fee packages tailored to lenders.
MEZZANINE LOAN
TIER I
Mezzanine Loan
Essential Documents Package | $7,500
• Mezzanine Promissory Note
• Mezzanine Loan Agreement
• Pledge and Security Agreement for equity collateral
• Basic guaranty or recourse-carveout guaranty, as applicable
• UCC-1 financing statement preparation
• Authority templates and collateral-delivery checklist
• Closing checklist and signature package
• Two revision rounds on the document set
TIER II
Mezzanine Loan
Closing Support
Package | $10,500
• Everything in Tier I
• Membership-interest transfer powers and pledged-equity delivery checklist
• Recognition or consent templates tied to the pledged collateral
• Basic subordination acknowledgment or affiliate-debt subordination document
• Collateral-chain and entity-authority review
• Up to 5 attorney hours through closing
TIER III
Mezzanine Loan
Comprehensive
Package | $14,500
• Everything in Tier II
• One basic intercreditor agreement with the senior lender, or one senior-lender consent package
• Expanded equity-enforcement document package
• Additional control documents and closing coordination
• Enhanced post-closing checklist
• Up to 10 attorney hours through closing
These borrower-side flat-fee packages are designed to bring structure and predictability to loan document review and negotiation for financing transactions. Instead of placing borrowers into a fully open-ended hourly engagement, these packages provide a defined scope of legal review, two rounds of borrower-side redlines to the lender’s document set, and—depending on the selected tier—dedicated attorney time through the closing process. The packages are built for Florida transactions and are particularly well suited to sponsors, developers, operating companies, and borrowers obtaining financing from private lenders, debt funds, family offices, or institutional lenders who want a predictable legal framework for reviewing and negotiating lender-drafted loan documents. The process is generally as follows:​
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Step 1: Intake and deal structure review.
Step 2: Review drafts of Lender provided document set.
Step 3: Two consolidated redline revision rounds.
Step 4: Closing support in line with the selected tier.
Step 5: Signature package and closing coordination through the scheduled closing.
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You can add these on to any of the packages at our reduced rate:
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Additional Attorney Hours: $2,500 per 10 hours
Additional Document: $1,250 per document
Additional Borrower: $500 per additional borrower
Additional Guarantor: $500 per additional guarantor
Additional Revisions: $1000 per round of revision​
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Out of Package Scope:
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Out-of-scope items include litigation, escrow, contested workouts, bankruptcy, tax advice, securities advice, regulatory opinions, syndication/participation documentation, multi-state collateral, agency/GSE/CMBS forms, and heavily negotiated intercreditor or subordination disputes unless specifically included in the package.
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