Oxford Finance Corporation Hires Steven R. Anderson to Support Healthcare Services Business Development

ALEXANDRIA, Va., April 5, 2011 /PRNewswire/ -- Oxford Finance Corporation (Oxford), a subsidiary of Sumitomo Corporation, is pleased to announce the addition of Steven R. Anderson to its Healthcare Services team. As senior director, he is primarily responsible for originating loan facilities to companies within the healthcare industry.

Mr. Anderson has been in healthcare services lending for more than 17 years, specializing in asset based, real estate and cash flow lending products.  Before joining Oxford, Mr. Anderson managed business development for CapitalSource Finance where he was responsible for direct lending and private equity buyout financings. He spent several years with FINOVA Capital's Healthcare Division holding positions in credit, portfolio management and business development.

"Mr. Anderson is a great addition to Oxford's business development team," said Christopher A. Herr, managing director for Oxford Finance Corporation. "His knowledge of the healthcare services space and comprehensive lending experience will help Oxford continue to grow its business and serve its clients well."

About Oxford Finance Corporation

A subsidiary of Sumitomo Corporation, Oxford is a specialty finance firm that provides senior secured loans to public and private life science and healthcare services companies worldwide. For over 20 years, Oxford has delivered flexible financing solutions to its clients, enabling these companies to maximize their equity by leveraging their assets. In recent years, Oxford has originated over $1.5 billion in loans, with lines of credit ranging from $500 thousand to $40 million. Oxford is headquartered in Alexandria, Virginia, with additional offices in California, Massachusetts and North Carolina. For more information visit www.oxfordfinance.com.

SOURCE Oxford Finance Corporation

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