Gemino Healthcare Finance announced it has provided a $2 million revolving line of credit to Ability Prosthetics & Orthotics, Inc.  The proceeds are being used to refinance existing debt and for working capital purposes.

Founded in 2004, Ability is headquartered in Gettysburg, PA and operates as an allied healthcare provider of artificial limbs and orthotic braces to amputees and other patients. Today, Ability operates 11 locations in five states: Kentucky, Maryland, North Carolina, Pennsylvania and South Carolina.

“Gemino is a true partner in healthcare finance,” said Jeff Brandt, Ability’sfounder and CEO. “They completely understand the nuances of what a provider/borrower is faced with these days with the rapidly changing healthcare market.”

Rob Misener, director for Gemino, said, “Gemino is excited about this new partnership with Ability. They are poised for rapid growth and we are looking forward to supporting their plan.”

Gemino, headquartered in Philadelphia, provides senior loans to healthcare service providers throughout the U.S., with typical financing needs ranging from $2 million to $20 million in the form of revolving lines of credit and term loans. Gemino also has offices in Atlanta and Dallas.