Oxford Finance Closes $8.29 MM Loan For Birchwood Health Care Characteristic

Oxford Finance, a specialized financing firm that offers senior financial obligation to life sciences and healthcare services companies, revealed the closing of a $7.29 million senior secured term loan and a $1 million revolving credit line with Birchwood Healthcare Characteristic (Birchwood). Proceeds from the loan are being utilized for working capital and to acquire four knowledgeable nursing facilities in Kansas.The Birchwood group has a strong performance history of picking quality possessions for its growing portfolio, and in Kansas they have signed up with forces with a well-regarded management company, said Tracy S. Maziek, managing director at Oxford Financing. We appreciate the opportunity to support this partnership.We are excited about our new relationship with Oxford Finance, said Isaac Dole, creator and managing principal at Birchwood Health Care Characteristics. We were impressed with Oxfords entrepreneurial technique and capability to perform on an extremely non-traditional transaction.Oxford Financing is a specialty finance firm offering senior safe loans to public and private life sciences and health care services business worldwide. For over Twenty Years, Oxford has delivered flexible financing options to its clients, making it possible for these business to maximize their equity by leveraging their assets. In currentRecently, Oxford has come from over $2 billion in loans, with lines of credit varying from $500 thousand to$75 million. Oxford is headquartered in Alexandria, Virginia, with additional offices in California, Massachusetts and North Carolina. Birchwood is a Chicago-based healthcare realproperty personal equity firm with a primary focus on senior housing and nursing homeretirement home assets
. With deep market relationships, access to capital, and entrepreneurial structuring capability, Birchwood intends to capitalize on the highly fragmented and vibrant nature of the industry through continuous acquisitions and advancement.