GE Capital, Healthcare Financial Services, a Bethesda-based lender to the U.S. health care middle market, said it provided a $10 million senior secured term loan to OraMetrix Inc., a provider of technology to improve the quality of orthodontic care.
The transaction refinances the company’s previous $7.5 million multi-draw senior secured term loan facility and provides it with an additional $2.5 million.
Based in Richardson, Texas, OraMetrix produces SureSmile, a digital and robotic system for orthodontic treatment.
The funds will be used for working capital and growth initiatives.
GE Capital, Healthcare Financial Services was the sole lender in the recent transaction.