Gemini Finance Corp. Provides $12.0 Million Purchase Order Financing Facility to a Healthy Snack Company

Gemini Finance Corp. is pleased to announce that it has provided a $12.0 million purchase order financing facility to a healthy snack company. The California company needed approximately $5 million for its regular purchase orders and an additional $7 million for a national roll-out of its products by a multi-national retailer.  The client required capital for raw materials, packaging, shipping, and co-packing expenses.

The client has an existing line of credit and ABL facility with a traditional bank but required additional funding to fulfill this large purchase order.  Gemini was able to quickly come to a mutually beneficial agreement with the traditional bank lender and provide the purchase order capital needed. The transaction was brought to Gemini by a boutique Los Angeles-based investment bank.

“Gemini was able to cooperate and collaborate with the traditional bank lender, complete due diligence, and fund in record time,” Steven Winters, CEO & President of Gemini Finance Corp., said. “Gemini’s strong balance sheet and excellent reputation as a trusted and reliable partner led to a successful transaction for all parties.”

About Gemini Finance Corp.:

Gemini Finance Corp., founded in 2012, provides capital for international and domestic supply chain finance needs to U.S. based companies. Gemini provides secured business loans to growing entrepreneurial companies primarily for purchase order financing and inventory. Gemini has a successful track record working with banks, factors and brokers to create a collaborative solution for borrowers. Gemini is located in Rancho Santa Fe, CA.  www.GeminiFinanceCorp.com