Venus Concept, a Toronto, Canada-based medical aesthetics company, received a $20m senior secured term loan.
Oxford Finance LLC, a specialty finance firm that provides senior debt to life sciences and healthcare services companies, provided the financing.
The company intends to use the funds to support the ongoing commercialization of its line of devices used for pain-free aesthetic treatments.
Led by Domenic Serafino, chief executive officer, Venus Concept develops and distributes technology devices for use in skin tightening, body contouring and skin rejuvenation for the face, neck and body.
The company has 14 offices worldwide.