Oxford Finance announced the closing of a $20 million senior secured term loan with Venus Concept. Proceeds from the loan are being used to support the ongoing commercialization of the company’s line of devices used for pain-free aesthetic treatments.

“Venus Concept is a fast-growing company and is led by a management team that has many years of experience in the aesthetic industry,” said Christopher A. Herr, senior managing director at Oxford Finance. “The company has been very successful globally with its product line, and Oxford is pleased to provide debt financing to support its continued growth.”

Domenic Serafino, chief executive officer of Venus Concept stated, “We are very pleased to be partnering with Oxford, who understands the value and opportunity in providing physicians with a comprehensive business model and leading edge technology to support the expansion of their aesthetic practices.”