Oxford Commercial Finance (OCF), a subsidiary of Oxford Bank, announced an expanded line of flexible working capital solutions for small to medium-sized businesses, increased customer base, and new website with helpful resources for business owners.
Backed by over 100 years of combined commercial financing experience, OCF assists SMBs – from promising startups to mature companies – to overcome obstacles, improve cash flow, drive growth and comfortably scale through creative financing options, which now also include:
- Accounts Receivable Funding to generate immediate cash flow from accounts receivable
- Asset Based Lending to unlock cash tied up in accounts receivable, inventory and equipment
- Leasing to finance critical equipment
- Term Loans to access flexible funding options to enable business growth
OCF President Mick Goik, who joined OCF in January of 2023, says, “It has been an incredible year of expansion and progress for OCF, thanks to our team’s unrelenting focus on our customers. With a relationship-first approach and a commitment to fast and transparent processing, we understand the needs of businesses to quickly secure financing to overcome challenges today and position for success tomorrow. Our entire OCF leadership team has long-term relationships and extensive experience in commercial finance solutions across industries, which allows us to provide tailored solutions to our clients’ unique needs.”
Robyn Barrett, Senior Vice President and Managing Director at OCF, says the relationship with Oxford Bank has been instrumental in OCF’s growth over the last year. “The strong liquid balance, stellar reputation, 139 years of service and stability, and customer support that Oxford Bank brings is invaluable. It enables us to offer more creative and flexible working capital solutions to businesses based on their potential to scale, not their current financial situation.”