Garrington Capital, a provider of capital solutions to middle-market companies in the United States and Canada, funded a $700,000 term loan to a support the buildout of a Cincinnati-based surgical center and purchase of equipment.
The borrower is a private outpatient surgery center specializing in spinal and orthopedic procedures and provides pain management and physical therapy treatments. Since 2020, the borrower has specialized in conservative treatment and minimally invasive surgical technologies, including endoscopy and arthroscopy, to treat a wide range of orthopedic and spinal conditions and injuries. The equipment financed includes X-Ray and ultrasound machines, sterilizers, patient monitoring and testing equipment, a precision microscope, medical-grade lighting and other miscellaneous machinery and equipment used in the surgery center.
