Oxford Finance announced the appointment of Nick McDearis to lead Asset-Based Lending (ABL) Originations. This strategic hire marks a significant milestone as Oxford enters the traditional ABL market.

Nick McDearis brings nearly 20 years of experience in the ABL industry and a proven track record of success in originating and structuring complex financing solutions. His expertise and leadership will be instrumental in driving Oxford’s growth and diversification strategy. Prior to Oxford, McDearis was a Managing Director at Ares Management, where he was responsible for originating, underwriting, structuring and executing middle-market sponsored and non-sponsored senior debt investments. Prior to Ares, he held roles at Monroe Capital, AloStar Capital, and First Capital.

“We are thrilled to welcome Nick to the Oxford team,” said Tracy Maziek, Senior Managing Director & Group Head of Oxford. “Nick’s extensive experience and deep understanding of the ABL market make him the ideal leader to spearhead our expansion into the traditional ABL space. This move aligns with Oxford’s long-term vision to broaden its service offerings and provide flexible financing solutions to companies in a wider range of industries and with differing needs.”

Since its inception, Oxford has been a trusted partner in the healthcare sector, providing tailored financial solutions to support the growth and success of its borrowers. With this tactical expansion, Oxford is positioned to fully address the needs of businesses and sponsors in the middle market.

“I am excited to join Oxford and spearhead this new business line,” said McDearis. “Oxford has an outstanding reputation in the healthcare industry. I look forward to building on that foundation as we expand the Company’s product offering with comprehensive and customized financing solutions for asset-based borrowers.”