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Oxford Finance Closes $7.4 Million Credit Facility With REACH LTC


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Oxford Finance LLC (“Oxford”), a specialty finance firm that provides senior debt to healthcare services and life sciences companies worldwide, today announced the closing of a $7.4 million senior credit facility and revolving line of credit to REACH LTC (“REACH” or “the Company”), a provider of short and long-term skilled care options. The proceeds are being used for general working capital and the acquisition of one skilled nursing facility located in Town and Country, MO containing 282 licensed beds.
Today, REACH is setting new standards in quality, service, and innovation. Focusing on patient-centered treatment plans, REACH provides an ever-increasing range of services including advanced pulmonary rehab, complex wound care treatment, on-site hemodialysis, and an innovative memory care program. REACH seeks to truly integrate with the surrounding community and add value to the sur ....

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