Oxford Finance Provides $5 Million Working Capital Facility to Mason Health

ALEXANDRIA, Va., Nov. 18, 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 $5 million revolving line of credit with Mason Health. Proceeds of the loan are being used to refinance existing debt and to support the operation of multiple skilled nursing facilities throughout Texas.

"Oxford is pleased to provide working capital to support Mason Health's newly developed skilled nursing facilities," said Christopher A. Herr, managing director for Oxford Finance. "Mason Health is an extremely well run organization, led by a management team that truly understands the industry."

"Our relationship with Oxford allows us to operate a skilled nursing model that offers a combination of elegant living environments, short and long term rehabilitation services, and special medical programs for those patients transitioning post hospitalization or who have chronic clinical conditions," stated Derek Prince, president and chief operating officer for Mason Health.  "We look forward to working closely with Oxford Finance for many years."

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 Mason Health

Founded in 2008 to operate skilled nursing facilities, Mason Health currently provides services in six Texas communities.  Facilities are located in Weatherford, Coppell, Georgetown, Round Rock, Austin and Friendswood.  Mason Health is based in Dallas, Texas.

SOURCE Oxford Finance LLC

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