At Gemini, we want to understand your business, your plan for the company and your objective for the financing. Once we have the necessary financial and company information, we provide analytical feedback related to how we think about debt as if your business were ours.

If our thoughts are aligned with management and the board, we then go to market for procuring debt capital.

Step 1: Evaluation

The first step in our process involves working together with Management to understand their overall financing strategy and any specific requirements or sensitivities. Once we understand the situation, Gemini performs due diligence on the opportunity and determines which credit products will be available based on the Company’s profile. We then walk Management through the options that will likely be available and determine which they’d like to explore as well as their timeline for getting a financing done.

Timeline: 1-2 days

Step 2: Engagement

With this outreach strategy vetted by Management, Gemini reaches out to its network of lenders and walks them through the opportunity. Based on initial feedback, Gemini sets up introductory calls with Management and supports the lenders in their due diligence process by streamlining information requests to Management and directly discussing certain aspects of the deal. This reduces the burden on Management and ensures that only the most appropriate lenders advance in the process. We manage the lenders and ensure that term sheets are received per Management’s timeline.

Timeline: 2-3 weeks

Step 3: Analysis

Once we have received term sheets, Gemini analyzes the advantages and shortcomings of the various proposals and prepares a presentation of the qualitative and quantitative components for the Company’s Board of Directors. If necessary, based on feedback from Management and the Board, we request that certain lenders submit revised proposals to address key sensitivities or to be more competitive with the existing proposals. After this final iteration, Management executes a term sheet with its lender of choice and advances into the closing process.

Timeline: 1-2 days

Step 4: Closing

At this stage, the process is close to completion as the Lender is in formal due diligence and seeking internal approval. Gemini provides oversight at this stage in the event of an unforeseen discovery in diligence which requires a change to the structure, out-of-market terms in the legal documentation, or other issues which require assistance. Our formal engagement ends alongside the funding; however, we typically remain close to our clients after closing in case there are additional needs for which we can be of assistance. These include refinancing the existing debt, seeking an amendment due to a deviation from plan or change in strategy, and general inquiries into the current state of the credit markets.

Timeline: 2-3 weeks