Oxford Finance closed a $47 million senior credit facility to Creative Solutions in Healthcare, Inc. Funds drawn at closing were used to finance the acquisition of two skilled nursing facilities in Texas, totaling 228 beds. Additionally, the credit facility includes a substantial delayed draw commitment, providing the Company with the flexibility to finance future acquisitions.

Creative Solutions in Healthcare is a family-owned company, headquartered in Fort Worth, TX, with more than 170 long-term care communities throughout the state of Texas. The Company’s fundamental goal is to provide the highest quality of care to the Greatest Generation.

"Creative Solutions’ stellar reputation for compassionate care has led to robust growth throughout Texas," said Tracy S. Maziek, head of healthcare services at Oxford. "We are thrilled to provide the Company with an innovative credit facility that will bolster its future acquisition plans."

"We are very enthusiastic to have this opportunity with Oxford Finance," said Gary Blake, president and chief executive officer of Creative Solutions in Healthcare. "This partnership is pivotal in making our investment strategy a reality."

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