Healthcare providers face numerous challenges in their daily operations. Securing reliable capital and constantly educating lenders about your business should not be among them. Traditional banks aren't always a good fit for healthcare providers who need a financial partner that understands the challenges of the industry.
Gemino Healthcare Finance offers its partners asset-based loans consisting of revolving lines of credit, senior term loans, and real estate loans tailored to each partner’s unique circumstances. We take the time to understand our partners’ opportunities and challenges, and find ways to help you reach your organization’s goals and overcome those challenges.
Gemino knows how to structure deals better than banks. They know 3rd party payments and how to look at Medicaid and Medicare. They know the risks, so they’re easier to work with.
Greg Von Arx,CEO - Recover Health
Gemino Healthcare Finance doesn’t have clients - it has partners. In some circumstances, a healthcare provider may be ineligible for a traditional bank loan that they need for expansion, refinancing debt, or other financial activities that are critical for the success of the business. Gemino looks past the spreadsheets and numbers to work with healthcare providers. With over 50 years of healthcare lending experience, Gemino has the expertise to understand the challenges of the healthcare industry and help care providers achieve their goals with custom solutions such as:
Revolving Lines of Credit
Revolving lines of credit for working capital needs, refinancing existing debt, funding corporate acquisitions and recapitalizations. Loan sizes typically range from $2 to $20 million and are secured by accounts receivable. Gemino’s revolving lines of credit give healthcare service providers options to enhance their cash flow.
Senior Term Loans
Flexible, senior term loans are offered as an add-on product in select situations based on established cash flow. Term loans can be used to fund acquisitions, growth, buyouts or other financial actions.
Term Loans are secured with assets such as equipment, real estate, or company stock.
Real Estate Loans
In conjunction with a revolving line of credit, Gemino offers first mortgage financing for the acquisition, refinance, recapitalizations, and bridge to HUD for skilled nursing facilities. We work with healthcare providers to ensure that loan to value levels are flexible and structured to fit their unique financial situation.
Revolving lines of credit for refinancing debt, funding corporate acquisitions and enhancing cash flow. Typically in the $2-20 million range.
Flexible, realistic term loans based on organizational cash flow.
Gemino provides first mortgage financing for skilled nursing facilities.