Founded by former senior executives of a private healthcare lending company, Gemino Healthcare Finance provides senior loans to healthcare providers throughout the United States. The company is based in Philadelphia and operates regional offices in Atlanta, Dallas, Los Angeles and New York City.
Gemino provides revolving lines of credit valued at $2 million to $20 million. Secured by accounts receivable, these facilities provide working capital or money for acquisitions, refinancing existing debt and other general corporate purposes. Eligible accounts receivables include Medicare, Medicaid, commercial insurance and institutional accounts receivable.
Gemino also offers term loans with their revolving lines of credit. Term loans are secured with assets such as equipment, real estate and/or company stock.