Senior term loans are offered in conjunction with our revolving lines of credit for companies with a financial sponsor or other capital partner. Senior term loans are based on the company’s proven historical cash flow. Gemino’s term loans can be used for:
- Internal growth
- Leveraged buyouts
- Other general corporate purposes
Senior term loans provide healthcare organizations with incremental funding for longer-term investments and growth opportunities. As a true financial partner, we provide senior term loans that fit the unique needs of healthcare service providers.
Gemino’s term loans are typically secured by all assets and a pledge of the company’s stock.
Landmark has distinguished itself as the dominant provider of long-term acute care in each of the regions in which we operate. The industry is tightly regulated given that all beds are Medicare certified, so we have some confidence in maintaining that competitive advantage in all of our operations. We are very pleased to partner with Praesidian and Gemino to create a new capital structure and operating funds to support our growth plans.
Dr. William Kapp III - Landmark Holdings of Florida, LLC Founder & CEO