Oxford Finance Provides $20 Million Senior Secured Credit Facility to Rollins-Nelson Healthcare Management

ALEXANDRIA, Va., Oct. 20, 2011 /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 $20 million senior secured credit facility with Rollins-Nelson Healthcare Management ("Rollins-Nelson"). These funds will be used for working capital and the acquisition of a skilled nursing facility in Southern California.

"Oxford is pleased to provide a financing package that will support Rollins-Nelson's expanding network of skilled nursing facilities in Southern California," said Christopher A. Herr, managing director for Oxford Finance. "Rollins-Nelson is highly respected and has a strong referral network within the medical communities it serves."

About Oxford Finance LLC

Oxford Finance is a specialty finance firm providing senior secured loans to public and private life sciences 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 $50 million. Oxford is headquartered in Alexandria, Virginia, with additional offices in California, Illinois, Massachusetts and North Carolina. For more information visit www.oxfordfinance.com.

About Rollins-Nelson Healthcare Management

Rollins-Nelson Healthcare Management is the operator of six skilled nursing facilities, four real estate-owned and one resident care facility in the Southern California area. The facilities include 908 licensed skilled nursing beds and are located in Long Beach, Torrance, Glendora and Perris. William A. Nelson, President and CEO, has over 25 years of progressive management expertise in the long-term care and healthcare industry. Vicki P. Rollins, Vice President and COO, has over 29 years of experience in long-term care, most of which were at a corporate level overseeing the internal operations focusing on delivery of quality resident care. She is a Registered Nurse, lifetime credentialed as a Psychiatric Nursing & Clinical Instructor, and is a Licensed Nursing Home Administrator. During the last 13 years of their partnership, they have accumulated eight health care facilities.

SOURCE Oxford Finance LLC

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