Oxford Finance announced it closed a $20 million senior secured credit facility with Rollins-Nelson Healthcare Management. 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.”

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.

Oxford Finance is a specialty finance firm providing senior secured loans to public and private life sciences and healthcare services companies worldwide.