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.