Oxford Financial

Proceeds of the loan were used to pay off an existing line of credit and fund growth and working capital.

Aug 16th, 2011

ALEXANDRIA, Virginia-- Oxford Finance, a specialty finance firm that provides senior debt to life sciences and health-care services companies, has announced the closing of a $20 million senior secured term loan with Keystone Dental.

Proceeds of the loan were used to pay off an existing line of credit and fund growth and working capital.

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"Keystone Dental is a company with innovative products and a management team that has a great deal of experience in the dental industry," said Christopher A. Herr, managing director for Oxford Finance LLC. "Oxford is extremely pleased to provide financial support for Keystone Dental's continuing growth and the expansion of its product line."

Added Mark Beucler, senior vice president and chief financial officer of Keystone Dental: "We are excited about our new relationship with Oxford and look forward to working with its team as we continue to expand our business. Oxford provided a proposal that was superior to our incumbent bank and closed our growth loan at a record pace."

For more information visit www.oxfordfinance.com.

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