Covenant compliance
Every facility obligation, accounted for.
Galago is a covenant compliance platform and service for finance and treasury teams. We track every obligation under your debt facilities, prepare your covenant calculations and compliance certificates, and keep your information undertakings on schedule.
A more reliable way to manage covenant compliance
Most businesses still track their facility obligations in spreadsheets, calendar reminders and email. That relies on one person’s knowledge, leaves no audit trail and gives little warning when a deadline approaches or headroom narrows.
Competing priorities
Compliance sits with treasury and finance teams who also manage liquidity, funding and reporting.
Recurring obligations
Covenant tests, information undertakings and compliance certificates fall due for the life of every facility.
Facility-specific terms
Definitions, adjustments and add-backs vary from one agreement to the next. For Lloyd’s businesses, information undertaking dates also move each year with the Lloyd’s reporting timetable.
Narrow headroom
When a covenant nears its limit, early warning gives you time to speak to lenders before the test date.
How Galago helps
One place for everything you’ve promised your lenders
The Galago platform holds everything your team needs to manage its debt facilities, from the agreements and key terms to every upcoming test date and deliverable, so the full picture is always to hand.
Obligations map
Every covenant test, compliance certificate and information undertaking across your facilities, on one timeline, with owners and reminders.
Facility library
Facility agreements and amendments stored together, so you’re always working from the current terms.
Key-term summaries
Clear summaries of each covenant, definition and undertaking, linked to the clause they come from.
Input requests
Automated requests to named contacts in your team for the figures and supporting documents each calculation and information undertaking needs.
A look inside the platform
Obligations map
Next six months · all facilities
NOV
30
Q3 compliance certificate
Revolving credit facility · leverage and interest cover
Inputs requested
NOV
30
Monthly management accounts
Unitranche facility · information undertaking
Reminder sent
JAN
31
Annual budget
Term loan · information undertaking
Upcoming
APR
30
Year-end compliance certificate
Term loan · audited accounts and compliance certificate
Upcoming
Get in touch
How it works
01
Share your agreements
Upload your facility documents to a secure workspace.
02
We map your obligations
We build your obligations map and key-term summaries for your team to check.
03
We track your information undertakings
Throughout the year, we remind your team what is due to lenders, and when.
04
We prepare the calculations
Before each test date, we collect the figures, prepare the calculations with full workings and draft the compliance certificate.
05
You review, sign and submit
Your team reviews the workings, signs the certificate and submits it to your lenders. Responsibility for every submission stays with you.
Security
Your facility agreements and financial information are among your most sensitive documents, and we treat them that way.
Encrypted throughout
Your data is encrypted in transit and at rest.
Hosted in the UK
Stored in UK data centres on SOC 2 and ISO 27001 certified infrastructure.
Your data stays confidential
Never shared, never sold and never used to train third-party AI models.
Strict access controls
Multi-factor login, role-based permissions and a full audit trail.
Meet the team
Founder
Roxanne has worked with debt facilities as an auditor, an adviser and a borrower. She was an audit manager in Deloitte’s insurance audit practice before moving to the firm’s Corporate Debt and Capital team. Most recently, she worked in corporate finance at a Lloyd’s managing agent, where her role included managing and monitoring its debt facilities and its ongoing obligations to lenders.
Covenant work comes up only occasionally and can be highly specialised, so few finance teams get the chance to build deep experience in it. She founded Galago to bring that experience to every client, with a clear view of what they’ve promised their lenders and practical support when terms change or a test comes under pressure.