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Oxford Finance closes Shady Shores Communities USD8m loan facility.

M2 EQUITYBITES-October 1, 2015-Oxford Finance closes Shady Shores Communities USD8m loan facility

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Oxford Finance LLC said it has closed on a USD1.0 million revolving line of credit and a USD7.0 million senior secured term loan with Shady Shores Communities LLC.

The company said proceeds from the loan are being used to acquire four skilled nursing facilities in Texas.

Oxford Finance LLC is a specialty finance firm providing senior secured loans to public and private life sciences and healthcare services companies worldwide. In recent years, Oxford has originated over USD2.0 billion in loans, with lines of credit ranging from USD500 thousand to USD75 million.

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Publication:M2 EquityBites (EQB)
Date:Oct 1, 2015
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