Gemino announces $8M line of credit for New Beginnings

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Gemino Healthcare Finance has provided an $8 million revolving line of credit to New Beginnings Care Inc.

New Beginnings has its headquarters in Chattanooga, TN, and oversees operations at 14 skilled nursing facilities in Georgia, Arkansas, Tennessee and Oklahoma.

“We were immediately impressed by Trent and his team at New Beginnings, and recognize that our credit facility will help facilitate their future growth. This transaction marks Gemino's first closing since being acquired by Solar Senior Capital a short time ago and we find that our new client is appropriately named New Beginnings,” said Gil Brindley, Gemino managing director.