Garrington Capital Provides $700,000 Term Loan to Support Growth of Surgical Center

March 12, 2024 - Garrington Capital (garringtoncapital.com), a leading provider of  capital solutions to middle- market companies in the United States and Canada, is  pleased to announce it has funded a $700,000 term loan (the “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.

About Garrington Capital 

Garrington Capital US Corp. and its affiliates (collectively, “Garrington”) provide creative  investment funding solutions ranging from $1 million to $30 million to small- and medium sized companies throughout the US and Canada. Garrington strives to support  entrepreneurial businesses with practical and creative working capital solutions and aims to  be the first call when opportunities arise. Our leadership and investment teams are  comprised of experienced, well-seasoned and creative investment and finance professionals  that share the belief that Garrington is well-positioned to respond to the working capital  challenges facing small- and medium-sized enterprises. With headquarters in Toronto and  Chicago, as well as offices in Texas and Connecticut, Garrington has approximately 65  employees and has deployed, as both a principal and credit advisor to certain funds, more  than $5 billion since inception in 1999.