1
Inquiry and diligence
Mezzamine reviews the operation, fleet, and financials against the onboarding questionnaire and returns a fit assessment with an indicative term outline.
2
Term alignment
Both sides agree loan size, tenor, repayment structure, collateral composition, hedging strategy, monitoring requirements, and pricing in a term sheet.
3
Program creation and commitment
The borrower creates the program on the platform and deposits collateral into escrow. Lenders commit until the capital target, or an acceptable threshold, is reached.
4
Activation and funding
Loan documents are executed and liens perfected, hedge mandates and custody are set, and proceeds are disbursed in BTC into the agreed mining use.
5
Active program and monitoring
Mezzamine monitors hashrate, production, power costs, and collateral coverage through API integration, manages the hedge, and collects scheduled BTC repayments.
6
Repayment and closeout
On full repayment, collateral and any remaining hedge margin and profits return to the borrower. Borrowers in good standing can refinance or open new facilities through streamlined re-onboarding.
What diligence covers
The onboarding questionnaire collects the information below. Its outputs feed directly into program structuring.
The questionnaire is available through miner onboarding.