Gemino Healthcare Finance

Gemino Healthcare Finance (“Gemino”) today announced it has provided a $5.5 million revolving line of credit to Lydia Healthcare, LLC. The proceeds are being used to refinance existing debt.

Gemino Healthcare Finance (“Gemino”) today announced it has provided an $8 million revolving line of credit to Doctors Medical Center (“DMC”). The proceeds are being used for working capital purposes.

Capital Finance and Gemino Healthcare Finance (“Gemino”) today announced they funded a $10 million revolving line of credit to MetroSouth Medical Center (“MetroSouth”). The proceeds from the transaction are being used for working capital purposes. Gemino will serve as co-lender and collateral agent. 

Gemino Healthcare Finance (“Gemino”) today announced it has provided a $3 million revolving line of credit to Radiology Corporation of America (“RCOA”). The proceeds are being used to refinance existing debt. 

Gemino Healthcare Finance (“Gemino”) today announced it has provided a three year $8.5 million revolving line of credit to North Philadelphia Health System (“NPHS”). The proceeds from the transaction will be used to pay off existing debt. 

Stanley Barnhardt recently joined Gemino Healthcare Finance (“Gemino”) as a Managing Director.   Mr. Barnhardt will be responsible for marketing and originations in the northeastern region, as Gemino continues to broaden and solidify its presence among healthcare providers and financial intermediaries in this market.

Gemino Healthcare Finance (“Gemino”) is pleased to announce it has provided a $5 million revolving line of credit to AllianceCare. The funds are being used to refinance existing debt. 

Gemino Healthcare Finance (“Gemino”), a premier finance company focused solely on providing senior loans to healthcare service providers, announced it has closed a $50 million senior credit facility with Wells Fargo Capital Finance, part of Wells Fargo & Company (NYSE:WFC). The funds are being used to facilitate Gemino’s continued growth and to provide additional support to their growing portfolio of healthcare companies.

Gemino Healthcare Finance (“Gemino”) today announced that it has provided a $5 million revolving line of credit to AdCare Health Systems, Inc. (“AdCare”). The funds are being used to support the working capital needs of AdCare. 

Gemino Healthcare Finance (“Gemino”) today announced it has received a rating upgrade from rating agency DBRS to A from BBB. The rating change was based upon the historical performance of the loan portfolio, underlying collateral pools and the structural integrity of the transactions.