During its first year in business, Oxford Commercial Finance, a subsidiary of Oxford Bank, has expanded its line of working capital solutions for small to medium-sized businesses, increased its customer base and launched a new website with resources for business owners.
Backed by more than 100 years of combined commercial finance experience, Oxford Commercial Finance offers accounts receivable funding, asset-based lending, equipment leasing and term loans. The company provides financing options for companies in various industries, including alternative energy, distribution, manufacturing, oil and gas, service providing, transportation and wholesale.
“It has been an incredible year of expansion and progress for OCF thanks to our team’s unrelenting focus on our customers,” Mick Goik, who joined Oxford Commercial Finance in January as president, said. “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.”
“The strong liquid balance, stellar reputation, 139 years of service and stability, and customer support that Oxford Bank brings is invaluable,” Robyn Barrett, senior vice president and managing director at Oxford Commercial Finance, said. “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.”
