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Last updated on April 18, 2014 at 10:36 EDT

Latest Oxford Finance Stories

2014-04-16 12:29:44

ALEXANDRIA, Va., April 16, 2014 /PRNewswire/ -- Oxford Finance LLC ("Oxford"), a specialty finance firm that provides senior debt to life sciences and healthcare services companies, and Silicon Valley Bank, today announced a $7.5 million expansion to an existing $5 million term loan with Sorrento Therapeutics, Inc ("Sorrento"). Proceeds of the loan will be used to advance the development of multiple programs and platforms. "Oxford values the existing relationship it has with...

2014-04-15 12:29:46

ALEXANDRIA, Va., April 15, 2014 /PRNewswire/ -- Oxford Finance LLC ("Oxford"), a specialty finance firm that provides senior debt to life sciences and healthcare services companies, today announced that a $15 million round of financing was provided to RF Surgical Systems, Inc. Proceeds of the loan will be used for working capital, as well as developing and marketing additional applications for the company's RF Assure Detection System(TM). "RF Surgical Systems has developed a highly...

2014-03-05 08:30:16

SEATTLE, March 5, 2014 /PRNewswire/ -- Omeros Corporation (NASDAQ: OMER) today announced that it has closed a senior credit facility with Oxford Finance and MidCap Financial, which is expected to fund later today. The new credit facility consists of a $32 million term loan, which requires interest-only payments through March 2015. Thereafter, monthly principal and interest payments will be due through the March 2018 maturity date. The company will use a portion of the loan proceeds to...

2014-01-08 12:28:42

ALEXANDRIA, Va., Jan. 8, 2014 /PRNewswire/ -- Oxford Finance LLC ("Oxford"), a specialty finance firm that provides senior debt to life sciences and healthcare services companies, today announced that it entered into a term loan agreement with Entellus Medical, Inc. that expanded the original $17 million loan facility to $25 million. Entellus is using proceeds of the loan to support business operations and the ongoing marketing efforts for its minimally invasive treatments for...

2013-12-17 08:30:08

ALEXANDRIA, Va., Dec. 17, 2013 /PRNewswire/ -- Oxford Finance LLC ("Oxford"), a specialty finance firm that provides senior debt to life sciences and healthcare services companies, today announced a $50 million round of debt financing for Apollo Endosurgery, Inc. ("Apollo"). Oxford served as the lead lender, joined by MidCap Financial, LLC and East West Bancorp. Proceeds of the term loan are being used to acquire the obesity intervention division of Allergan, Inc. and for working capital....

2013-08-27 12:27:45

ALEXANDRIA, Va., Aug. 27, 2013 /PRNewswire/ -- Oxford Finance LLC ("Oxford"), a specialty finance firm that provides senior debt to life sciences and healthcare services companies, today announced that it closed a $5.5 million revolving line of credit with PrimeSource Healthcare Systems, Inc. ("PrimeSource"). PrimeSource is a well established, privately owned provider of on-site mobile healthcare and billing services. Proceeds of the loan are being used to refinance the company's...

2013-08-01 12:28:51

ALEXANDRIA, Va., Aug. 1, 2013 /PRNewswire/ -- Oxford Finance LLC ("Oxford"), a specialty finance firm that provides senior debt to life sciences and healthcare services companies, today announced that it closed a $7.2 million senior secured term loan with Pritok Capital ("Pritok"). Proceeds of the term loan were used to acquire Nentwick Care Center, a 100-bed skilled nursing facility located in East Liverpool, Ohio. "Oxford is very pleased to provide capital to Pritok for the...

2013-07-23 12:27:23

ALEXANDRIA, Va., July 23, 2013 /PRNewswire/ -- Oxford Finance LLC ("Oxford"), a specialty finance firm that provides senior debt to life sciences and healthcare services companies, today announced that it closed a $10 million senior secured term loan and a $1.5 million revolving line of credit with Continuum Healthcare LLC ("Continuum"). Proceeds of the term loan were used for the acquisition of The Health Center at Galloway and Galloway Pediatric Medical Day Care, both in Galloway,...

2013-07-17 12:27:27

ALEXANDRIA, Va., July 17, 2013 /PRNewswire/ -- Oxford Finance LLC ("Oxford"), a specialty finance firm that provides senior debt to life sciences and healthcare services companies, today announced that it closed a $12.15 million term loan with Mason Health. Proceeds of the loan are being used to purchase the real property of Estrella Oaks Rehabilitation and Care Center located in Georgetown, Texas. "Oxford is very pleased to provide additional capital to Mason Health," said...

2013-05-01 16:30:20

ALEXANDRIA, Va., May 1, 2013 /PRNewswire/ -- Oxford Finance LLC ("Oxford"), a specialty finance firm that provides senior debt to life sciences and healthcare services companies, today announced the closing of an $11 million round of debt financing for CardioFocus. The credit facility was awarded to CardioFocus from both Oxford and Silicon Valley Bank. Funds will be used to increase the company's available capital to fund growth, while it expands its international commercialization and...