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Gemino Healthcare Finance (“Gemino”) today announced it has provided a $6 million revolving line of credit to All Metro Health Care Services, Inc. (“All Metro”). The funds are being used to pay off existing debt.
Founded in 1955, All Metro is headquartered in Lynbrook, New York, and is a provider of home healthcare and home attendant services in New York, Florida, New Jersey and Missouri.
“We are excited to start a new relationship with Gemino given their significant experience in lending to the home healthcare industry,” said Seth Shapiro, Vice President and Chief Administrative Officer of All Metro.
“All Metro is a great addition to our portfolio of healthcare clients,” said Mark O’Brien, Vice President of Sales and Marketing for Gemino. “They have a strong reputation and a long history of providing quality home healthcare.”
About Gemino Healthcare Finance (www.gemino.com)
Gemino provides senior loans to healthcare service providers throughout the U.S., with typical financing needs starting at $2 million in the form of revolving lines of credit and term loans.
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