Which of the Following Is False About Mezzanine Lending

Which of the following is false about mezzanine lending?

A) Mezzanine loans are longer-term, unsecured loans in which a firm's cash flow is the major source of repayment.
B) Start-up firms typically get mezzanine loans before they are able to generate large cash flows.
C) Mezzanine loans often contain an option through which the lender can share in the increased value of the business to compensate for the relatively high risk of the loan, allowing a lower interest rate, with financing often containing layers of different investors with senior and junior debt including warrants attached that allow future equity stake in a firm and bond financing privately placed.
D) Mezzanine loans are for more established firms that have stable cash flows to be able to make loan payments.