Gemino Healthcare Finance continues to expand its portfolio and recently served as sole lender for a $20 million senior secured asset-based revolving credit facility to Medical Services of America (“MSA”). Proceeds from the loan will be used to pay off existing debt and for working capital purposes.

MSA, headquartered in Lexington, SC is a comprehensive home healthcare provider that operates in 13 states.  The company provides skilled home healthcare, hospice, home medical medical equipment services, pharmacy services, respiratory services and other ancillary products and services. Visit www.MedicalServicesofAmerica.com for more information.

Wayne Jeffcoat, Chief Operating Officer at Medical Services of America, said “The ABL Credit Facility gives MSA the lending flexibility its needs to continue to be a leader in the post-acute healthcare sector and will further MSA’s vision to be a ‘total home health care’ provider.”

“MSA has developed a strong reputation in the home healthcare industry for many years,” said Mark O’Brien, Executive Vice President of Business Development at Gemino. “We are proud to partner with the MSA management team as they continue to provide quality outcomes for their patients and the community.”