The company is Oxygen Funding. Its principals are Donald D’Ambrosio, president and CEO, who for 11 years was with Lehman Brothers subsidiary BNC Mortgage Inc.
The other principal at the company is Adam Lomax, a commercial insurance specialist.
“Oxygen Funding provides accounts receivable financing where we buy the outstanding invoice or receivable at a discount,” Lomax said. “This provides immediate access to cash that is normally tied up for 30, 60 or 90 days. This allows our customers to take advantage of growth opportunities, debt reduction and manage daily expenses.”
Visit OxygenFunding.com for more information, call (949) 305-9300 or log on to its LinkedIn page.
The company is located at 27031 Vista Terrace, Suite 215, Lake Forest, CA 92630.